LUSD is a decentralized stablecoin backed only by ETH with a minimum 110% collateral ratio. Fully immutable smart contracts with no governance — the most censorship-resistant stablecoin. Features zero-interest borrowing with one-time fees.
Market Cap
$31.1M
Peg Deviation
+0.800%
Regulatory Grade
B
Regulatory Score
60/100
Issuer & Reserve Details
Issuer
Liquity Protocol
Issuer Type
Decentralized DAO
Treasury Transparency
On-Chain
Backing Type
Crypto-Collateralized
Reserve CompositionBacked solely by ETH. Minimum 110% collateral ratio. No governance — fully immutable smart contracts. Stability Pool absorbs liquidations.
Peg MechanismHard floor at $1 via direct redemption against ETH collateral. Stability Pool + liquidation mechanism maintains peg.
Regulatory Scorecard
Reserve CompositionCrypto-collateralized (not GENIUS compliant)
Partial11/20
Audit & TransparencyReal-Time (On-Chain) audits by Trail of Bits
Partial15/20
Redemption RightsCrypto-only redemption
Partial11/15
Issuer LicensingNo traditional license (DAO)
Non-Compliant2/15
Consumer ProtectionConsumer protections in place
Partial11/15
CLARITY ClassificationCrypto-backed — not a permitted payment stablecoin
Partial10/15
Reserve Assets
Overcollateralized Crypto
Audit Frequency
Real-Time (On-Chain) by Trail of Bits
Redemption
Instant (On-Chain)
License
DAO / No License
Classification
Crypto-Collateralized
Backing Ratio
110%
Top Yields for LUSD
Source: DeFiLlama
| Platform | Chain | Type | Yield Source | APY | TVL | Safety | Links |
|---|---|---|---|---|---|---|---|
 uniswap-v3 Multiple Audits |  Ethereum | DeFi | LP Fees | 26.83% | $2.2M | B · 79 | |
 curve-dex Multiple Audits | Ethereum | DeFi | LP Fees | 19.43% | $140,451 | B · 78 | |
curve-dex Multiple Audits | Ethereum | DeFi | LP Fees | 19.42% | $2.5M | B · 82 | |
 wildcat-protocol | Ethereum | DeFi | Unknown | 18.50% | $5.0M | D · 54 | |
wildcat-protocol | Ethereum | DeFi | Unknown | 18.50% | $5.0M | D · 54 | |
wildcat-protocol | Ethereum | DeFi | Unknown | 18.50% | $4.9M | D · 54 | |
wildcat-protocol | Ethereum | DeFi | Unknown | 18.50% | $4.8M | D · 54 | |
wildcat-protocol | Ethereum | DeFi | Unknown | 18.00% | $5.0M | D · 54 |
Audit & Attestation History
No audit records available
Attestation reports will appear here when available
Disclaimer: Compliance scores are for informational purposes only and do not constitute financial or legal advice. Regulatory scores are based on the GENIUS Act (S.1582) and CLARITY Act (H.R.3633) frameworks using publicly available information. The GENIUS Act takes effect no later than January 18, 2027. Always conduct your own research.
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