Liquity
IT Services and IT ConsultingZug, Switzerland2-10 Employees
Liquity operates a decentralized borrowing protocol in the IT services and IT consulting space, letting users draw interest-free credit by posting ETH as collateral, with funds issued in the USD-pegged stablecoin LUSD. Borrowers must maintain a minimum collateral ratio of 110%, and the system is designed to be governance-free, immutable, and maximally decentralized. The protocol collects fees, and all of these fees are distributed to LQTY stakers, aligning participation with network activity. The company is based in Zug, Switzerland, and maintains a small team. In April 2026, Liquity published an April Fool's post about Circle acquiring Liquity, which briefly drew market attention.