Liquity USD LUSD
LUSD
1.020
$
0.63 %
Change 24h
Market Cap
$ 29,943,298
Volume 24h
$ 22,734
Circulating Supply
29,369,245
Total Supply
69,190,611
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.