USD-pegged · crypto-backed · #93 by USD value
Liquity USD (LUSD) is a USD-pegged crypto-backed stablecoin, backed by overcollateralized eth (liquity). It currently ranks #93 among tracked stablecoins by circulating supply, and is deployed across 10 blockchains. Data is updated daily at 00:00 UTC from DefiLlama.
| Chain | Share | Supply |
|---|---|---|
| Ethereum | 98.8% | $27.2M |
| Arbitrum | 0.7% | $184,410 |
| OP Mainnet | 0.5% | $133,294 |
| Scroll | 0.0% | $675 |
| Polygon | 0.0% | $537 |
| BSC | 0.0% | $399 |
| Fantom | 0.0% | $307 |
| Avalanche | 0.0% | $53 |
Liquity USD (LUSD) is a USD-pegged stablecoin backed by overcollateralized eth (liquity). Its peg mechanism is crypto-backed, and it currently ranks #93 among tracked stablecoins by circulating supply.
LUSD has a circulating supply of $27.5M (USD equivalent). Data updates daily at 00:00 UTC from DefiLlama.
LUSD is backed by Overcollateralized ETH (Liquity). This means holders' claims are collateralized in that form, with reserves reported by the issuer.
LUSD is deployed across 10 blockchains, with Ethereum holding the largest share of supply. See the Chain Distribution section on this page for the full breakdown.
LUSD shares a USD peg with USDT and USDC — the market's two largest stablecoins — but differs in issuer, backing composition, and typical use cases. USDT and USDC together account for the majority of USD stablecoin supply; LUSD ranks #93.
| Full Name | Liquity USD |
| Symbol | LUSD |
| Peg | USD |
| Peg Mechanism | crypto-backed |
| Backing | Overcollateralized ETH (Liquity) |
| Chains Deployed | 10 |
| CoinGecko | View on CoinGecko → |
| Data Source | DefiLlama → |
| Last Updated | 2026-07-27 · refreshes daily 00:00 UTC |