> open stablecoin/lusd

Liquity USD

Crypto-collateralized stablecoin from the Liquity V1 protocol. SOG treats LUSD as active/protocol-legacy context and records its relationship to Liquity V2/BOLD as a known source-review area.

Statusactive
Evidence1
record facts
SymbolLUSD
Statusactive
Peg assetUSD
Collateral modelcrypto_collateralized
IssuerLiquity
Reserve disclosureprotocol_transparent
Redemption statusprotocol_redemption
Launch date2021-04-05
Discontinued date
Confidencemedium
Last verified2026-06-02

Issuer dossier

Liquity · protocol · unknown

Reserve reports

1 seed reserve disclosure reference(s) linked to this record.

Known unknowns

1 visible uncertainty item(s) kept for later review.

redemption access — issuer redemption, not secondary-market trading
Statusprotocol_redemption
Who can redeemLUSD is a protocol stablecoin from Liquity V1; redemption mechanics should be described from Liquity V1 documentation rather than issuer-redemption terms.
Retail redemptionprotocol_based
Institutional redemptionprotocol_based
Minimum redemptionsource_review_needed
Region / access notesProtocol access, frontends, and current V1/V2 context require source-backed review.
Registry noteSOG separates LUSD V1 protocol redemption from Liquity V2 BOLD and from secondary-market trading.
regulatory / official context — source-backed notes, not legal advice
DateTitleSourceTypeSummary
No regulatory notes recorded yet.
deployment / contract data — static registry notes, not live chain monitoring
ChainDeployment typeStatusContractNotes
Ethereumprotocol_tokenactive_or_legacy_contextsource_review_neededSeed deployment placeholder.
evidence coverage summary — source coverage, not a safety score
Coverage typeCountMeaning
Issuer source1Source-backed reference present in this record.
Reserve reference1Source-backed reference present in this record.
Market data0No source of this type is linked yet.
Regulatory source0No source of this type is linked yet.
Deployment / contract1Source-backed reference present in this record.
Exchange notice0No source of this type is linked yet.
News / analysis0No source of this type is linked yet.
Archive capture0No source of this type is linked yet.
Other source0No source of this type is linked yet.
lifecycle — event-derived registry timeline
DateStageRecordDetail
2021-04-05launchedLiquity USD launchLaunch date recorded on the stablecoin entity.
2026-06-02current_statusCurrent registry status: activeThis is the current SOG registry label, not a safety score.
event timeline
DateEventTypeImpactRecoveredMechanism
No event records yet.
reserve / attestation history
DatePublisherTypeAsset categoriesConfidence
2026-06-02Liquityprotocol_disclosureeth_collateral, protocol_mechanism, source_review_neededmedium
evidence records
SourcePublisherTypeClaim scopeReliability
Liquity documentation for LUSDLiquityissuer_statemententity_collateral_redemptionmedium
known unknowns
TopicDescriptionSeverityLast checked
v1_v2_lifecycleLUSD V1, Liquity V2, BOLD, current frontend access, and protocol redemption mechanics need deeper source-backed review.medium2026-06-02

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