CryptoCurrencies
7447
 Total Market Cap
2,398,208,395,954
 Volume 24h
155,747,308,860
 Dominance
BTC 51.68%   ETH 15.74%   USDT 4.60%   BNB 3.86%

Liquity USD
LUSD

0.9999
$
0.09 %
Change 24h
Market Cap
$ 111,961,409
Volume 24h
$ 1,400,833
Circulating Supply
112,048,317
Total Supply
274,906,923
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.