CDP
Liquity V1
Total TVL
$132.57M
Active pools
1
Chains supported
1
Official site: https://www.liquity.org/ ↗
Overview
Liquity V1 is a collateralized debt position (CDP) protocol that enables users to generate LUSD stablecoins by depositing ETH as collateral. The system operates with a fixed redemption rate, allowing participants to withdraw their ETH at any time while maintaining stability in the value of LUSD.
The protocol holds $162M in TVL across 1 active pool on Ethereum alone. This concentration on Ethereum indicates a single-chain risk profile without diversification across other networks. Liquity V1 has an official website, providing users with direct access to information and resources.
Audit posture is light, with 2 audit references available. Token economics data is not provided, making it difficult to assess the relationship between market capitalization and total value locked.
Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.
TVL by chain
| Chain | TVL on chain |
|---|---|
| Ethereum | $132.57M |
TVL history
Top pools
FAQ
› What is Liquity V1?
Liquity V1 is a decentralized and immutable borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral.
› How much TVL does Liquity V1 have?
Liquity V1 has $132.57M in total value locked across all supported chains as of the last refresh.
› How many active pools does Liquity V1 have?
We currently track 1 active pools for Liquity V1.
› Is Liquity V1 audited?
DefiLlama lists 2 audits for Liquity V1. Audits reduce smart-contract risk but do not eliminate it.
See our methodology for how this data is collected.