Partnership with Lista Protocol Brings $lisUSD to Lynx

Lynx is happy to announce its collaboration with Lista Protocol on BSC, and the listing of their $lisUSD token as a collateral asset on Lynx.

• New Token Listing: $lisUSD
• Partner Protocol: Lista Protocol
• Supported Chain: BNB Chain

lisUSD is Lista’s decentralized stablecoin pegged to the USD, and is fully over-collateralized by crypto assets such as BNB, ETH, slisBNB and wBETH. In phase 1, lisUSD leverages the proven Liquity (for Ethereum) and MakerDAO (For BNB chain) models for a decentralized and unbiased stablecoin product.

Details of the Integration

Listing $lisUSD as a collateral asset on Lynx brings new utility to the token. Users who hold $lisUSD can now trade perps using their $lisUSD as collateral, offering them exposure to various alternative assets without needing to sell any of their token holdings.

Holders of $lisUSD can now open long/short positions with up to 100x leverage on BTC/USD, ETH/USD, and other tradeable instruments on BNB Chain, or provide liquidity to the $lisUSD liquidity pool to absorb the fees and performance of traders. Stay tuned as new tradeable instruments are always being added!

List Your Token Today

Do you have a token that you want to see on Lynx? Join the Lynx ecosystem and get your token listed as a collateral asset — it’s quick, free, and requires no work. Reach out to learn more about the listing process today!

About Lista Protocol

Lista DAO functions as the open-source decentralized stablecoin lending protocol powered by LSDfi. Users can undergo staking and liquid staking on Lista, as well as borrow lisUSD against a variety of decentralized collateral. Present on the BNB Chain, Lista aims to position lisUSD as the number one stablecoin in the crypto space, leveraging on innovative liquid staking solutions.

• Twitter: https://x.com/lista_dao
• Telegram: https://t.me/helio_money
• Discord: https://discord.com/invite/listadao
• Website: https://lista.org/

About Lynx

Lynx is an advanced decentralized perpetuals exchange offering high-leverage trading on crypto, forex, and commodities using any ERC-20 token as collateral. Through Lynx, token holders can utilize their favorite tokens — from governance tokens and LSTs to yield-bearing assets and stablecoins — to gain exposure to other assets without ever selling their holdings.

Lynx introduces gasless trading to a growing number of chains. Using omnichain liquidity pools, Lynx can easily extend support to additional chains while offering immediate access to deep trading liquidity. By applying its liquidity to all chains, Lynx maximizes trading volumes and fees per dollar of liquidity deposited.

• Official Website: https://www.lynx.finance/
• Twitter: https://twitter.com/Lynx_Protocol
• Discord: https://discord.gg/DTcw3rT28J
• Medium: https://medium.com/lynx-finance