CryptoCurrencies
3552
 Total Market Cap
2,368,838,534,141
 Volume 24h
141,680,006,548
 Dominance
BTC 54.68%   ETH 9.54%   USDT 7.78%   BNB 3.31%

Liquity USD
LUSD

1.008
$
0.07 %
Change 24h
Market Cap
$ 27,623,606
Volume 24h
$ 64,585
Circulating Supply
27,391,435
Total Supply
71,729,925
LUSD
$
# Exchange Pair Price Volume 24h

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.