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Liquity USD LUSD
LUSD
0.9984
$
0.13 %
Change 24h
Market Cap
$ 64,625,734
Volume 24h
$ 1,175,022
Circulating Supply
64,756,634
Total Supply
177,810,265
Website
Social
LUSD
$
1D
7D
1M
3M
6M
1Y
All
| # | 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.