0% interest-free
DeFi liquidity for

Liquid Loans is the first truly decentralized lending protocol built specifically for PulseChain.
Fully Backed Stablecoin. Low 110% Collateral Ratio. No Repayment Schedule. Immutable. Governance-Free. No Admin Keys.


With Liquid Loans, you never have to sell your Pulse. #neverselling

0% Interest Rate

Liquid Loans charges a small, one-time fee to borrow USDL instead of highly variable interest rates often found when borrowing.

1 USDL = 1 USD

Borrow USDL, a fully backed stablecoin pegged to the US Dollar that’s maintained by an algorithmic monetary policy.

110% Collateral Ratio

Liquid Loans efficient and fully autonomous liquidation mechanism allows users to get the most liquidity for their PLS.
USDL is a native stablecoin that aims to always be worth one US dollar. Many stablecoins today are fiat-backed. But USDL is different. It doesn’t rely on dollars in a bank account. Instead, USDL is minted when users deposit PLS (PulseChain coin) as collateral that has been locked into individual smart contracts called Vaults.
LOAN is the secondary token issued by the protocol. It captures the fee revenue that is generated by the system and incentivizes early adopters. You earn LOAN by providing USDL to the Stability Pool in exchange for rewards. You can also stake your LOAN tokens to earn the revenue paid for borrowing or redeeming USDL.
Key Benefits

Interest-free borrowing

Low collateral ratio (110%)



No admin keys


Fully-backed monetary policy

Censorship resistance

Hard price floor

Growth incentives

Main Use Cases
There are many ways you can use Liquid Loans, including:
Lock up your existing PLS and mint your USDL loan
Unlock 1 USD worth of PLS for 1 USDL in the future, if you choose
Stake LOAN to earn USDL and PLS from the borrowing fee revenue
Provide USDL to the stability pool for LOAN and PLS rewards
How It Works
Here is a break-down of how the ecosystem works.
Our Community
What our community is saying!
The LL Librarian

Your Genius Liquid Loans Knowledge Assistant