CryptoCurrencies
14048
Exchanges
500
Total Market Cap
2,567,236,083,433
Volume 24h
123,829,691,575
Dominance
BTC 50.84%   ETH 15.24%   USDT 4.30%   BNB 3.65%

Liquity USD
LUSD

1.001
$
0.22 %
Change 24h
Market Cap
$ 112,291,050
Volume 24h
$ 1,414,408
Circulating Supply
112,045,804
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.