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Liquity

Liquity

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Liquity is a decentralized borrowing protocol that allows you 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. Learn more about these mechanisms under Liquidation. Liquity as a protocol is non-custodial, immutable, and governance-free.

Stable-value assets are an essential building block for Ethereum applications and have grown to represent tens of billions of dollars in value.

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