Hodler — Crypto Portfolio Tracker and Analytics

Liquity USD | LUSD

$1.01

Coin info

Rank
#653
Market Cap
$30,936,156
Volume (24h)
$1,110,500
Circulating Supply
30,523,963.94
Total Supply
30,523,963.94

Rank
Market Cap
Volume (24h)
Circulating Supply
Total Supply

Do you think the price will rise or fall?

Rise 40%

Fall 60%

About 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.