CryptoCurrencies
17040
Exchanges
500
Total Market Cap
3,420,714,070,304
Volume 24h
221,734,000,622
Dominance
BTC 60.19%   ETH 8.87%   USDT 4.47%   XRP 3.62%

Liquity USD
LUSD

1.003
$
0.11 %
Change 24h
Market Cap
$ 41,498,382
Volume 24h
$ 277,797
Circulating Supply
41,378,555
Total Supply
279,889,262
LUSD
$
# Exchange Pair Price Volume 24h

Description

LUSD is a fully redeemable USD-pegged stablecoin issued by the Liquity Protocol. Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral. Loans are paid out in LUSD and need to maintain a minimum collateral ratio of only 110%. In addition to the collateral, the loans are secured by a Stability Pool containing LUSD and by fellow borrowers collectively acting as guarantors of last resort. Liquity as a protocol is non-custodial, immutable, and governance-free.