Liquity USD (LUSD) Price
LUSD is only available to store
This asset is currently unavailable to trade on Gemini. You can store LUSD and transfer it with a compatible external wallet.
LUSD is only available to store
This asset is currently unavailable to trade on Gemini. You can store LUSD and transfer it with a compatible external wallet.
Liquity USD
LUSD
$1.002
$0.00348 (0.35%)
Past year
Volume (24H)
--
Circulating Supply
40.15M
Market Cap
$40.26M
About Liquity USD (LUSD)
Liquity is a borrowing and lending protocol where users can obtain loans of the Liquity USD stablecoin, LUSD, by staking collateral. In contrast to competitors like MakerDAO, Liquity loans carry a 0% interest rate but charge a fee for loan creation. The minimum loan size on Liquity is 2,000 LUSD. To obtain a loan, users deposit ether into a “trove.” Whereas Liquity itself does not provide a frontend interface to interact with the protocol, it offers its native utility token, LQTY, to incentivize the development of frontend interfaces by third parties.

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Liquity USD links and resources
Liquity website
Liquity documentation
Frequently asked questions
Liquity USD Token
LUSD is a USD-pegged ERC-20 token compliant with the Ethereum network. Liquity users can mint LUSD by depositing crypto onto the platform as collateral.