| General information | |
|---|---|
| Global rank: | 4914 |
| Name: |
ℓUSD |
| Symbol: | LUSD |
| Current coin price (PHP): | 74.06 ₱ |
| Last hour: | arrow_upward0.000000 % |
| Last 24 hours: | arrow_upward2.22 % |
| Last 7 days: | 16.09 %trending_up |
| Capitalisation (PHP): | 0.000000 ₱ |
| Volume 24h (PHP): | 410 258.30 ₱ |
| Available supply: | 0.000000 LUSD |
| Total coin supply: | -1 LUSD |
| Start date: | 2021-04-05 |
ℓUSD/Philippine Peso (LUSD/PHP) price chart
ℓUSD/Philippine Peso (LUSD/PHP) capitalisation and volume charts
Liquity is a decentralized borrowing protocol that allows users to draw interest-free 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 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.