Lista USD

Lista USD (LISUSD) is a crypto-backed stablecoin built on the BNB Chain, designed to maintain a value close to one US dollar. It is issued through Helio Protocol, an open-source liquidity protocol that allows users to borrow a dollar-pegged token by depositing BNB as collateral. The protocol describes this as a 'destablecoin,' meaning the token is always redeemable for one dollar worth of cryptocurrency and is over-collateralized by BNB, aiming to give DeFi participants a stable unit of account and a transferable store of value.

Users lock BNB as collateral with Helio Protocol and mint LISUSD against that collateral at an over-collateralized ratio, meaning the value of the collateral held must exceed the value of LISUSD issued. Because the token is crypto-backed rather than backed by bank deposits, the peg is maintained through collateral requirements and redemption mechanics rather than fiat reserves. LISUSD lives on the BNB Chain, and the protocol is intended to eventually be governed as a DAO through a separate governance token called HELIO.

The data stored for this asset does not include a recorded fee stream, so fee-based measures such as protocol revenue or earnings are not available on this site. What the data does show is a circulating stablecoin supply of 75,045,963.56 LISUSD at point-in-time, a 30-day supply change of approximately 8.5 percent, and a 24-hour turnover ratio of about 3.6 percent of market capitalization, which reflects trading activity relative to the outstanding supply. The fully diluted valuation equals the market capitalization, indicating no supply overhang from tokens yet to be issued.