Symbol: LUSD
Price: $0.99683100
Volume: $334,171
Market Cap: $61,703,936
Fully Diluted Value: 61,637,414
Short Term Beta: For Premium Users Only
Beta: For Premium Users Only
Futures Curve: For Premium Users Only
Total Supply: 61,724,309
Type: Crypto-backed Stablecoin, Decentralized Finance (DeFi), Stablecoins, USD Stablecoin
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.
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