Liquity USD
LUSD 0.00%
24h Change
$724 549 004.67
Market Cap
$3 701 645.50
24h Volume
$1.0071
Current Price
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.
