CryptoCurrencies
17165
Exchanges
498
Total Market Cap
2,888,233,985,387
Volume 24h
87,029,739,135
Dominance
BTC 57.23%   ETH 8.83%   USDT 4.94%   XRP 4.42%

Liquity USD
LUSD

1.001
$
0.11 %
Change 24h
Market Cap
$ 50,600,041
Volume 24h
$ 117,007
Circulating Supply
50,554,863
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.