LUSD [OLD] Price

LUSD is a cryptocurrency launched in 2025. It functions as a decentralized synthetic USD token within the Linear Finance delta-one protocol, giving users synthetic exposure to a range of traditional and digital assets without holding the underlying instruments.

The protocol attacks a persistent market friction—fragmented liquidity and limited cross-asset accessibility. By enabling instant creation of synthetic tokens called Liquids, Linear Finance opens commodities, forex, market indices, and thematic sectors to cryptocurrency users. This eliminates the silos that typically separate asset classes.

LUSD operates on the BNB Smart Chain network. The network’s BEP-20 token standard ensures compatibility with an extensive ecosystem of wallets and decentralized applications.

Its contract address on the Binance Smart Chain is 0x23e8a70534308a4aaf76fb8c32ec13d17a3bd89e. The broader Linear Finance architecture includes the Linear.Buildr dApp, where users collateralize LINA tokens to mint Liquids, including LUSD itself. Trades execute on a dedicated exchange with rapid confirmation times.

The project entered the market in 2025, with no publicly identified founders. Its classification within the Alameda Research portfolio signals early backing from a quantitative trading firm historically known for seeding crypto infrastructure. This connection places LUSD among a cohort of tokens that benefited from deep liquidity provisioning during early-stage bootstrapping.

Linear Finance’s fundamental mission rejects the walled gardens of traditional finance. It aspires to deliver permissionless access to price movements of real-world assets, making commodities and forex indices tradable by anyone with a blockchain wallet. Censorship resistance and open access form the philosophical bedrock.

LUSD acts as the protocol’s base quote currency for all Liquid trading pairs on the Linear Exchange. Minting LUSD requires locking LINA as collateral through the Buildr dApp, anchoring the token’s value algorithmically to the US dollar. The token serves as the settlement unit for delta-one synthetic asset swaps, enabling rapid transitions between exposures.

A trader may hold LUSD to maintain a stable position while awaiting entry points into volatile Liquids like tokenized equity indices or crude oil. Liquidity providers on decentralized exchanges use LUSD to facilitate swaps and earn fees where the token is paired with other assets. Users can mint LUSD directly by depositing LINA as collateral, securing a decentralized stablecoin to engage with the full spectrum of Linear’s synthetic products.

LUSD has a maximum supply of 1,000,000,000,000 tokens. Currently, 0 are in circulation. The token’s last recorded price on active markets was $1.00013772, closely tracking its intended dollar parity. With a market capitalization of $0, LUSD ranks #4,253 among all cryptocurrencies.