CryptoCurrencies
16944
 Total Market Cap
3,140,185,955,088
 Volume 24h
113,142,538,715
 Dominance
BTC 59.93%   ETH 6.94%   USDT 4.69%   XRP 4.36%

Liquity USD
LUSD

1.001
$
0.22 %
Change 24h
Market Cap
$ 43,488,611
Volume 24h
$ 61,338
Circulating Supply
43,439,461
Total Supply
147,068,650
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.