# Liquity USD (LUSD): D-Score 38/100 — Centralized Leaning

**BlockIndex D-Score: 38/100 (Centralized Leaning).** Liquity USD (LUSD) is a Layer 2 cryptocurrency using Smart Contract consensus. Liquity USD: A USD-pegged stablecoin offering governance-free, interest-free lending on Ethereum.

_Source: https://blockindex.ai/coin/lusd · Data by BlockIndex.AI · Updated 2026-06-19_

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 38 |
| Node distribution | 0 |
| Initial distribution | 0 |
| Governance | 20 |
| Age and history | 13 |
| Autonomy | 5 |

## Key facts
- Layer: Layer 2
- Consensus: Smart Contract (N/A)
- Launch: Fair Launch (2020)
- Founder: Robert Lauko
- VC funded: Yes
- Max supply: 10,000,000,000,000
- Circulating: 30,776,820 (0.0%)

## Market data (as of 2026-06-19)
- Price: $1
- Market cap: $30.75M
- 24h volume: $39,568.97
- 24h change: +0.01% · 7d change: +0.03%

## About
Liquity USD (LUSD) is a USD-pegged stablecoin integral to the Liquity Protocol, a decentralized platform facilitating interest-free loans backed by ETH collateral. Aimed at offering a governance-free and immutable borrowing environment, the protocol ensures minimal collateral requirements. LUSD features include the Stability Pool, which backstops loans, and a one-time borrowing fee, making it different from traditional variable interest rate loans. With its ERC-20 token on Ethereum, Liquity USD supports decentralized finance through strategic DeFi integrations, without relying on oracles for its operation. As of now, it is widely integrated across DeFi ecosystems, facilitating liquidity for borrowers and investors alike.

## Links
- Website: https://www.liquity.org/
- Whitepaper: N/A
- GitHub: https://github.com/liquity/bold/

---
About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore