LUSD (LUSD)

Rank #480

Market snapshot

Price
$0.99941
Market cap
$30.8M
24h volume
$27,942.61
Circulating supply
30,776,819.9115
Total supply
10,000,000,000,000
Max supply
10,000,000,000,000

What is LUSD?

LUSD aims to provide a stable, secure, and efficient digital currency for various industries. It operates on a decentralized blockchain, leveraging blockchain technology to facilitate trust and efficiency in transactions.

How LUSD works

LUSD transactions are recorded on a decentralized blockchain, ensuring that they are efficient, stable, and seamless. The blockchain specialists involved with LUSD maintain its secure and efficient operation, focusing on optimal performance, transparency, and decentralization.

Key information

Symbol
LUSD
CMC rank
#480
Network / platforms

BNB, BNB Chain

Categories
N/A
Date added
May 20, 2025

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

  • BNB

    0x5bb4d589467c25A5Ac8db930372dc5dA30C3410E
  • BNB Chain

    0x5bb4d589467c25A5Ac8db930372dc5dA30C3410E

Key characteristics

LUSD is categorized under several tags including stablecoin, asset-backed stablecoin, USD stablecoin, and BNB Chain ecosystem by CoinMarketCap. It is a key part of the SLT ecosystem, enabling professionals to earn LUSD as compensation for their contributions.

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is LUSD?
LUSD is a stablecoin designed to provide a stable, secure, and efficient digital currency.
How does LUSD work?
LUSD operates on a decentralized blockchain, allowing for efficient and seamless transactions.
What are the key features of LUSD?
LUSD is categorized as a stablecoin, asset-backed stablecoin, USD stablecoin, and part of the BNB Chain ecosystem.
What are the risks associated with LUSD?
Digital asset prices can be volatile, and users should verify contract addresses and understand custody methods.
How can I verify LUSD before acquiring it?
Verify the asset name, network, and contract details before transferring assets.
Where can I find official resources for LUSD?
Official resources for LUSD can be found on its website and whitepaper.

Related cryptocurrencies

Listed from stored network and category relationships, not a similarity score.

View all cryptocurrencies