About Liquity USD Coin
Liquity USD price today is $0.992188 with a 24-hour trading volume of $93,926,385. LUSD price is down -0.6% in the last 24 hours. It has a circulating supply of 1.5 Billion LUSD coins and a max supply of 1.49 Billion. 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.