LUS

How to Buy Liquity USD (LUSD)

Liquity ProtocolStablecoins

This guide walks you through buying Liquity USD (LUSD), a stablecoins asset on Liquity Protocol currently earning 6.50% APY. Follow these 5 steps to start earning yield on your investment.

1

Set Up a Wallet

To invest in LUSD, you need a compatible crypto wallet. We recommend MetaMask or Rabby for browser-based wallets, or Coinbase Wallet for mobile. Make sure your wallet supports ethereum. Write down your seed phrase and store it securely -- never share it with anyone.

2

Get Stablecoins

LUSD is typically purchased with USDC or USDT. You can buy stablecoins on any major exchange (Coinbase, Kraken, Binance) and send them to your wallet on ethereum. If you already have crypto, you can swap to USDC on a DEX like Uniswap or 1inch.

3

Complete KYC (If Required)

Good news: LUSD on Liquity Protocol does not require KYC verification. You can invest directly from your wallet without identity verification. Note that regulatory requirements may change, so check the protocol's current requirements before investing.

4

Connect to Protocol

Visit the Liquity Protocol platform at https://www.liquity.org and connect your wallet. Make sure you are on the correct network (ethereum). Review the terms and conditions carefully. Check that the URL is correct to avoid phishing sites -- always access the protocol through official links or bookmark the site.

5

Make Your Investment

Select LUSD from the available products and enter the amount you want to invest. Review the current APY (6.50%), any fees, and redemption terms before confirming. Approve the stablecoin spend and confirm the transaction in your wallet. Your yield will start accruing immediately after the transaction confirms.

Ready to invest in LUSD?

Start earning 6.50% APY on Liquity Protocol today.

Frequently Asked Questions

What is LUSD?

Fully decentralized, governance-free stablecoin backed by ETH. Immutable smart contracts with no admin keys. Stability Pool yields ~5-8%.

What APY does LUSD currently offer?

LUSD currently offers 6.50% APY. The 7-day average APY is 6.40% and the 30-day average is 6.60%. Yields can fluctuate based on market conditions.

Is KYC required to buy LUSD?

No, LUSD does not currently require KYC verification. You can invest directly from your wallet.

What chains is LUSD available on?

LUSD is available on ethereum.

LUSD Overview

Current APY
6.50%
TVL
$31.00M
Min Investment
None
KYC Required
No
Chains
ethereum
Risk Level
low risk
Audit Status
audited