CryptoCurrencies
1000
 Total Market Cap
4,311,856,899
 Volume 24h
1,145,916,404
 Dominance
WETH 8.94%   RLUSD 7.36%   EBTC 6.95%   WAVAX 6.66%

Liquity USD
LUSD

0.9968
$
0.53 %
Change 24h
Market Cap
$ 43,187,000
Volume 24h
$ 103,132
Circulating Supply
43,322,800
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.