Liquity is LIVE on Ethereum mainnet!

0% interest loans

Borrow LUSD against ETH

Total Value Locked

$ ...

0% Interest Rate

Liquity charges a small, one-time fee to borrow LUSD instead of highly variable interest rates.

110% Collateral Ratio*

Liquity's efficient liquidation mechanism allows users to get the most liquidity for their ETH. *Under normal operation

Most resilient Stablecoin

LUSD is 100% decentralized stablecoin capable of resisting all kinds of censorship.

FAQ

What is Liquity?

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Liquity is a decentralized borrowing protocol that allows you to draw 0% interest 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 only 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 Liquidations.

Liquity as a protocol is non-custodial, immutable and governance-free. Learn more about the protocol here.

How can I use Liquity?

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You first need to choose a web interface (aka frontend) to access the system. The core team building the protocol will not operate a frontend. Liquity is instead accessed by third-party frontend applications and integration services.

You can find a list of frontends here.

What are the key benefits of Liquity?

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Liquity offers the best borrowing conditions on the market with the main benefits being:

- 0% interest rate
- A collateral ratio of just 110%
- Governance free - all operations are algorithmic and fully automated
- Directly redeemable -  LUSD can be redeemed at face value for the underlying collateral, always and at any time
- Censorship resistant - the protocol is controlled by nobody

How can I earn money on Liquity?

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There are basically two different ways to generate revenue using Liquity:

1. Deposit LUSD to the Stability Pool and earn liquidation gains and LQTY rewards
2. Stake LQTY and earn the revenue from issuance fees (in LUSD) and redemption fees (in ETH)

Partners

Liquity protocol partners: Tomahawk.vc, DeFi Saver, Olympus DAO, Frax Finance, Bitcoin Suisse, FEI Protocol, Coinbase and others

Testimonials