CryptoCurrencies
900
 Total Market Cap
2,968,227,702,223
 Volume 24h
129,519,612,345
 Dominance
BTC 64.57%   ETH 11.20%   XRP 5.05%   USDT 4.80%

Liquity USD
LUSD

0.9982
$
0.04 %
Change 24h
Market Cap
$ 58,947,600
Volume 24h
$ 983,943
Circulating Supply
59,064,700
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.