What is Liquity USD?
Liquity USD (LUSD) is a stablecoin currently ranked 350th by market capitalization across all crypto assets we track. Stablecoins are designed to track a target value (most often $1). They are the primary on-chain settlement layer for trading, lending, and remittance.
Market position
At the current price of $1.00, Liquity USD carries a market capitalization of $37.84M. Daily trading volume across exchanges sits at roughly $177.87K. That works out to a 24-hour turnover of about 0.47% of the float — lower than the broad crypto market average, suggesting limited short-term speculative flow.
Price action across timeframes
Over the past 24 hours, Liquity USD has moved ++0.06%; over the past week, Liquity USD has moved ++0.16%. Short-term and long-term direction diverge here, which often happens at inflection points where a trend is either reversing or pausing.
Cycle position
Liquity USD is currently trading within striking distance of its all-time high (all-time high of $1.07, -6.4% from peak). A markup phase where momentum traders pay close attention. From its all-time low of $0.9030, current pricing represents a +11% recovery.
Supply & dilution
The circulating supply stands at 40,148,182 LUSD. There is no explicit cap on maximum supply — issuance follows a programmatic schedule defined in the protocol.
Volatility profile
Recent price action puts Liquity USD in the Low-volatility bucket. The asset has been relatively stable, with moves typical of large-cap, mature assets.
How to evaluate Liquity USD
A balanced read on LUSD typically considers three lenses:
- Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
- Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
- Comparable assets — how is LUSD performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.
This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.
Project description
Liquity USD (LUSD) is a decentralized stablecoin that is collateralized by Ethereum, designed to provide interest-free loans against Ethereum collateral. It aims to maintain a stable value while enabling capital efficiency within the DeFi ecosystem. Source: CoinPaprika.com