Liquity USD
LUSD

0.9802
$
1.72 %
Change 24h
Market Cap
$ 113,978,072
Genesis
N/A
Volume 24h
$ 3,484,385
Circulating Supply
115,084,729
Total Supply
210,657,676
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.