Equity Overview
Price & Market Data
Price: $0.279
Daily Change: -$0.00426 / 1.52%
Daily Range: $0.273 - $0.284
Market Cap: $27,561,709
Daily Volume: 439,160
Details
Liquity is a decentralized borrowing protocol that allows users to draw 0% interest loans against Ether used as collateral. Loans are paid out in LUSD - a USD pegged stablecoin, 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. Learn more about these mechanisms under Liquidations.Liquity as a protocol is non-custodial, immutable and governance-free.