Liquity USD
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LUSD to USD converterLUSD
USD0
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$0
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$0
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$0FDV
$0Circulating Supply
0Total Supply
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$0Infinity Supply
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Website
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DeFi
Stablecoin
About Liquity USDLiquity USD (LUSD) is a decentralized stablecoin issued by Liquity protocol that maintains a $1 peg through over-collateralization by cryptocurrency assets and algorithmic stability mechanisms, enabling capital-efficient borrowing without relying on fiat reserves or centralized intermediaries. Built on Ethereum, LUSD enables users to mint stablecoins by depositing cryptocurrency collateral at minimum collateral ratios of 110%, significantly lower than alternatives like MakerDAO's DAI, enabling efficient capital utilization for borrowers. Unlike fiat-backed stablecoins, LUSD's stability relies on collateral efficiency and sophisticated liquidation mechanisms that maintain peg stability during market stress through dynamic fee adjustments and community governance participation from LQTY token holders. Launched in 2021, LUSD has attracted significant adoption from DeFi participants seeking capital-efficient decentralized stablecoin infrastructure, growing to over $600 million in circulating supply at peak. Trading with strong institutional adoption, LUSD's market performance has been driven by DeFi lending demand, competitive collateral efficiency compared to alternatives, and positioning as capital-efficient decentralized stablecoin infrastructure — though competition from newer alternatives and market concentration risks continue to influence adoption patterns and sustainability.
Assets Details
Access Model
PermissionlessRedeemable
YesAttestations
NoCEX Listed
YesKYC to mint or redeem
NoTransferable
YesSelf Custody
Yes