CryptoCurrencies
1000
 Total Market Cap
5,844,619,208
 Volume 24h
1,052,052,679
 Dominance
PENGU 34.43%   GRASS 11.55%   ZRO 8.38%   ETH 4.96%

Liquity USD
LUSD

0.9986
$
0.19 %
Change 24h
Market Cap
$ 61,531,000
Volume 24h
$ 734,615
Circulating Supply
61,594,300
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.