CryptoCurrencies
13994
 Total Market Cap
2,202,654,187,686
 Volume 24h
133,395,708,211
 Dominance
BTC 53.55%   ETH 13.20%   USDT 5.39%   BNB 3.65%

Liquity USD
LUSD

1.009
$
0.54 %
Change 24h
Market Cap
$ 66,128,157
Volume 24h
$ 730,329
Circulating Supply
65,540,459
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.