CryptoCurrencies
1000
 Total Market Cap
125,195,880,298
 Volume 24h
33,088,743,141
 Dominance
USDT 87.86%   STX 2.93%   SUI 1.18%   BSV 1.02%

Liquity USD
LUSD

0.9970
$
0.61 %
Change 24h
Market Cap
$ 114,033,000
Volume 24h
$ 7,272,160
Circulating Supply
114,152,000
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.