About Liquity USD Coin

Liquity USD price today is $1.01 with a 24-hour trading volume of $3,869,884. LUSD price is down -0.8% in the last 24 hours. It has a circulating supply of 300 Million LUSD coins and a max supply of 298 Million. Uniswap (v2) is the current most active market trading it.

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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