CryptoCurrencies
1000
 Total Market Cap
2,247,178,483,863
 Volume 24h
97,313,380,893
 Dominance
BTC 59.60%   ETH 17.46%   USDT 5.09%   BNB 3.97%

Liquity USD
LUSD

0.9976
$
0.43 %
Change 24h
Market Cap
$ 84,991,800
Volume 24h
$ 1,578,390
Circulating Supply
85,175,100
Total Supply
281,655,000
LUSD
$
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.