Liquity
Stablecoin · Decentralized CDP · LQTY
NetworkStablecoinDecentralized CDP2 coinsAudited
Liquity issues LUSD (V1, zero-interest) and BOLD (V2, user-set rates and multi-collateral), fully decentralized overcollateralized dollars.
Immutable, governance-minimized CDP dollar.
LQTY price
$0.1884
+2.1% 24h
Latest data · 15 min delay
Competitors
Ranked top→bottom — who competes with Liquity and how they differ.
| # | Competitor | Positioning | Similarities | Differentiator |
|---|---|---|---|---|
| 1 | Circle (USDC) | Largest regulated fiat-backed dollar. | Both issue a USD-pegged stablecoin redeemable against reserves. | USDC is the deepest, most widely integrated regulated fiat-backed dollar with monthly Deloitte attestations and a public-company issuer. |
| 2 | Sky | Stablecoins aren't built to sit still. | Both in Stablecoin (Decentralized CDP). | Protocol-set Sky Savings Rate, instant no-lockup yield via sUSDS, and the Sky Agent Network for allocator-driven deployment. |
| 3 | Curve (crvUSD) | Soft-liquidation CDP dollar. | Both in Stablecoin (Decentralized CDP). | LLAMMA soft-liquidation continuously converts collateral to crvUSD as price drops, eliminating hard liquidation cascades. |
| 4 | Inverse Finance | Decentralized CDP issuer of DOLA. | Both in Stablecoin (Decentralized CDP). | DOLA CDP stack plus FiRM fixed-rate borrowing — distinct from Aave-style variable-rate money markets. |
| 5 | Lista DAO | BNB Chain-native CDP with liquid staking. | Both in Stablecoin (Decentralized CDP). | BNB-native CDP integrating liquid staking — collateral earns staking yield while securing lisUSD debt. |
| 6 | Reserve Protocol | Open platform for asset-backed RTokens. | Both in Stablecoin (Decentralized CDP). | Open RToken platform: anyone can deploy fully customized asset-backed stablecoins with arbitrary collateral baskets and yield distribution. |