LISUSD/USD price feed
Every tracker shows the same two numbers for lisUSD: a market value in the tens of millions, a daily volume in the low thousands. None of them explains how both can be true. The explanation is what this page is for, along with the measured price of the small part of this dollar that trades in the open.
Aggregate on-chain rate: hourly view of the last 4 weeks. The API itself updates block by block. Request API access
Book composition · auto-observed
The largest pool holds the majority of the weight right now, with several smaller pools sharing the rest.
Two numbers, one missing explanation
lisUSD is the debt-backed dollar of Lista, a lending protocol on BNB Chain; it was born under the name HAY before a rebrand. Users mint it against collateral, then put it to work inside the protocol's own vaults. That is where the tens of millions live: supply doing its job at home, never touching an open venue.
What reaches public venues is the remainder; it has amounted to a sliver of the paper figure, a book narrow enough to read in one glance. Tens of millions at home, a sliver in the open: the two figures count different rooms of the same house.
Trackers put the two figures side by side without comment, which reads as either a mystery or a red flag. It is neither. It is the normal anatomy of a working debt-backed dollar, visible in full once the open edge is measured and named.
A small edge, measured properly
The open market lives on the token's home chain, thin by nature plus prone to long dormant stretches; whichever pools are awake in a given week enter the composition below at their observed weight. A book this narrow is stated plainly rather than hidden in an aggregate.
A narrow edge raises the stakes of each print rather than lowering them. Liquidations inside the protocol, marks against lisUSD collateral, anyone auditing the peg: they all key off what the open market pays; on a book this size every reading arrives with its block number attached.
If the open edge widens, the page will thicken with it. Until then it does the narrow job well: measuring the small traded part of a largely internal dollar, stated, dated.
Who runs on this rate
Credit desks against Lista collateral
Lending positions keyed to lisUSD need the open-market level, however narrow its source, with the block attached for defense.
Risk desks watching BNB Chain dollars
The gap between issued supply and traded float is itself a monitorable figure; this page provides the traded half.
Integrations listing lisUSD
A dollar with a thin public market is exactly where a stated, dated reference beats a scraped quote.
Where the LISUSD market lives
Active LISUSD/USD pools per chain, as observed by the feed on 2026-10-27.
LISUSD in the catalog
4 pairs, each computed from its own pools with the same methodology:
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