Logo of Liquity USD

Liquity USD(LUSD)

Market Cap$25.63m

Price$1

Total Circulating25.68m

Stablecoin information

Liquity is a decentralized borrowing protocol that allows you to draw interest-free loans against Ether used as collateral. Loans are paid out in LUSD (a USD pegged stablecoin).

Category:crypto-backed

Minting and Redemption

Using a Liquity frontend, users mint LUSD by depositing ETH as collateral into a Trove. When the loan is repaid to retrieve the collateral, the paid back LUSD is burned.

Audits:No

Stablecoins usage by chain

NameBridge
0.00%<0.0001%-0.16%-1.39%25.51m
Optimism Bridge100%-0.00%-15.18%-13.32%93,828.78
Arbitrum L1 Custom Gateway100%+0.00%+5.86%-61.44%70,700.41
100%-0.04%-0.04%-0.04%670.74
Polygon PoS Bridge100%+0.09%+0.09%-0.84%529.49
Celer cBridge100%+0.02%+0.02%+0.02%397.08
Celer cBridge100%+0.04%+0.04%+0.04%305.13
Celer cBridge100%+0.88%+0.88%+0.88%52.46
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