Liquity USD LUSD

Liquity USD price today is $1.002 with a 24-hour trading volume of $4,777,202.00. LUSD price is down $0.45874% in the last 24 hours. It has a circulating supply of 164,963,035 LUSD coins and a total supply of 164,963,035.

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.