CryptoCurrencies
18267
Exchanges
500
Total Market Cap
4,270,070,253,584
Volume 24h
183,186,992,252
Dominance
BTC 53.60%   ETH 13.48%   XRP 4.24%   USDT 3.91%

Liquity USD
LUSD

1.002
$
0.14 %
Change 24h
Market Cap
$ 38,750,216
Volume 24h
$ 127,247
Circulating Supply
38,653,945
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.