Liquity USD
$0.9925
1.75%
Past Day
Market Stats
Market Cap
$42.04m
24h Volume
$199.51k
FDV
$42.04m
Max Supply
41.95m
About
What is Liquity USD?
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.