About Liquity USD
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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Trading Insights
Searched
6
Market Stats
Market Cap
$40.59M
0.02%
FDV
$40.59M
Circ. Supply
41M LUSD
Max Supply
Not enough data
Total Supply
41M LUSD
Diluted Valuation
$40.85M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$32.55K
0.29%
Volume (7D)
$246.22K
Volume (30D)
$773.64K
All time high
$1.21
Price Change (1Y)
0.07%
Additional details
Market details
LUSD vs markets
↘ 38.24%
LUSD vs BTC
↘ 46.32%
LUSD vs ETH
↘ 16.42%
Tags
defi
stablecoin
asset-backed-stablecoin
usd-stablecoin
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x5f98805A4E8be255a32880FDeC7F6728C6568bA0 | |
Polygon | 0x23001f892c0C82b79303EDC9B9033cD190BB21c7 | |
Arbitrum | 0x93b346b6BC2548dA6A1E7d98E9a421B42541425b | |
Optimism | 0xc40F949F8a4e094D1b49a23ea9241D289B7b2819 |
Price history
Time | Price | Change |
|---|---|---|
Today | $1.00 | ↘ 0.22% |
1 Day | $1.00 | ↘ 0.22% |
1 Week | $1.00 | ↘ 0.34% |
1 Month | $1.00 | ↘ 0.37% |
1 Year | $1.00 | ↗ 0.07% |
Coinbase insights
Recent trends
The latest LUSD price is $1.00. Compared to Liquity USD's value of $1.00 from 24 hours ago, there's been a -0% decrease, while the current price is -0% down from $1.00 which was recorded one week ago. Liquity USD's all time high is $1.21, which was reached on November 18, 2022. This is a -17% change from its price today.
The market cap is currently $40.59M, which is a result of multiplying the current price of Liquity USD($1.00) by the total supply(40,846,950 LUSD). The fully diluted valuation of Liquity USD is $40.59M. The diluted valuation of Liquity USD is $40.59M.
FAQ
Liquity USD (LUSD) is a stablecoin pegged to the US dollar, designed to be used within the Liquity protocol. The protocol allows users to open a Trove, deposit Ethereum (ETH) as collateral, and draw LUSD up to a collateral ratio of 110%. LUSD can be redeemed against the underlying collateral at face value at any time. The Liquity protocol provides users with loans, secured by Ether collateral. To ensure the loans' stability, Liquity has established a Stability Pool with LUSD, where borrowers act as guarantors for any remaining debt.
Liquity USD operates within the Liquity protocol, a non-custodial, immutable, and governance-free system. The protocol allows users to access loans that require less collateral than other borrowing systems. Instead of liquidating Ether, users can lock up their Ether and borrow against it to withdraw LUSD, with the option to repay this loan at a later date. The protocol also allows users to use LUSD as collateral when borrowing Ether, which can then be exchanged to acquire more Ether. This process can be repeated multiple times. Users may receive LQTY, another token within the Liquity ecosystem, as compensation for depositing LUSD in the stability pool.
Liquity USD serves as a stablecoin within the Liquity protocol, providing a stable value pegged to the US dollar. This makes it a useful tool for users seeking to borrow against their Ether holdings without having to liquidate them. The protocol's loans make it an option for users seeking to leverage their Ether holdings. Additionally, LUSD can be used as collateral for borrowing Ether, which can then be exchanged to acquire more Ether, creating a cyclical process that can be repeated multiple times. Users may receive LQTY tokens as compensation for depositing LUSD in the stability pool, adding another potential use case for LUSD.
Liquity USD was created as part of the Liquity protocol, a decentralized protocol that provides users with loans, secured by Ether collateral. The protocol was founded by Robert Lauko and Rick Pardoe, both of whom have backgrounds in traditional finance, researching algorithms, network monitoring, and scalability issues. Michael Svoboda, the current CEO at Liquity, was previously CEO and COO at several blockchain companies. The Liquity protocol, and by extension LUSD, was created to develop a decentralized and capital-efficient way to borrow stablecoins. As of the time of writing, the total value locked (TVL) on the protocol was over $642 million.
We update our Liquity USD to USD currency in real-time. Get the live price of Liquity USD on Coinbase.
The current market cap of Liquity USD is $40.59M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Liquity USD is $1.21. This all-time high is highest price paid for Liquity USD since it was launched.
Over the last 24 hours, the trading volume of Liquity USD is $32.55K.
Assets that have a similar market cap to Liquity USD include Stader, Highstreet, MetFi, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Liquity USD is 41 million.
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Liquity USD news
Trending articles
Social stats
Popularity in posts
#2799
Contributors
55
Posts
83
% About Liquity USD
0.005%
Hold times
0 days
X (Twitter)
35.87% bullish
Sentiment
4.2 ★
Highlights
55 unique individuals are talking about Liquity USD and it is ranked #2,799 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Liquity USD has an average sentiment score of 83 out of 5. Finally, Liquity USD is becoming less newsworthy, with 0 news articles published about Liquity USD.
On Twitter, people are mostly neutral about Liquity USD. There were 43.2% of tweets with bullish sentiment compared to 20.46% of tweets with a bearish sentiment about Liquity USD. 56.8% of tweets were neutral about Liquity USD. These sentiments are based on 83 tweets.
On Reddit, Liquity USD was mentioned in 0 Reddit posts and there were 0 comments about Liquity USD. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.