---
title: "LeverUp USD (lvUSD) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/lvusd-leverup/"
description: "Build-time stablecoin profile for LeverUp USD (lvUSD). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-05-15"
---



# LeverUp USD (lvUSD)

**Peg:** US Dollar

**Backing:** Crypto-Collateralized

**Governance:** CeFi-Dependent

**Status:** active

## Overview

Small Monad-based stable asset tied to LeverUp's perpetuals engine, not a cash-backed issuer dollar; redemption and reserve depth depend on a trading system rather than a bank balance sheet. LeverUp USD is a small Monad stablecoin tied to LeverUp's liquidity layer for perpetuals and margin trading. CoinGecko reports a live price and market cap, and the Monad contract is included because Pharos already has a Monad chain entry. The risk profile is not comparable to a cash-backed issuer coin: collateral and {{term:redemption}}redemption{{/term}} are tied to a trading engine that references USDC and MON, and public reserve depth is still thin. Pharos therefore treats lvUSD as a notice-heavy crypto-backed stable asset rather than a conventional dollar reserve token.

## Collateral

USDC and MON collateral supporting LeverUp's liquidity-layer stablecoin for perpetuals and margin trading

## Peg Mechanism

Synthetic stablecoin used inside LeverUp's Monad liquidity layer, with mint, burn, and redemption mechanics tied to the protocol's collateral and trading engine

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| monad | `0xfd44b35139ae53fff7d8f2a9869c503d987f00d1` | 18 |

## Live Data

Real-time price, supply, peg score, liquidity, and flow data live at https://api.pharos.watch/api/stablecoin/lvusd-leverup.