Stablecoin record

BOLD

Liquity V2's USD-pegged stablecoin, issued against WETH, wstETH, and rETH collateral. BOLD uses immutable issuance contracts, borrower-set interest rates, branch-specific Stability Pools, and direct routed redemptions.

LifecycleActive

Events1

Sources4

Overview

Symbol	BOLD
Asset class	Stablecoin
Reference target	Fiat
Redemption / exit model	Protocol Redemption
Valuation source	BOLD market price and direct collateral redemption
Yield / rebase profile	No recorded change · Accrual: No recorded change
Classification notes	Ethereum-native Liquity V2 stablecoin backed by WETH, wstETH, and rETH branches. It is distinct from LUSD and third-party sBOLD.
Lifecycle status	Active
Issuance status	Protocol Based
Peg reference	Fiat · USD
Backing types	Crypto Collateral
Stabilization	Overcollateralized Vault
Governance	Protocol Governed
Primary organization	Liquity
Primary role	Protocol Operator
Last reviewed	2026-06-14

Organizations and roles

Organization	Role	From	Until	Relationship status
Liquity	Protocol Operator	2025-05-19	—	Active

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Liquity

Protocol Ecosystem · Unknown

Event history

1 event connected to this stablecoin.

Reserve profile

Disclosure status	Protocol-transparent
Backing types	Crypto Collateral
Summary	BOLD is issued in Liquity V2 against WETH, wstETH, and rETH collateral branches. Collateral, debt, liquidation, Stability Pool, and redemption state are visible through Ethereum contracts rather than an issuer reserve account.
As of	2026-06-14
Profile confidence	High

Redemption profile

Current status	Protocol Based
Settlement asset	A routed mixture of WETH, wstETH, and rETH collateral
Eligible parties	Any Ethereum address holding sufficient BOLD can initiate a protocol redemption, subject to contract state and fees.
Retail access	Public Protocol Based
Institutional access	Public Protocol Based
Minimum amount	Protocol- and transaction-dependent.
Fee	Dynamic redemption fees, gas, and market costs may apply.
Settlement time	Ethereum transaction and protocol processing time.
Regional limits

Record coverage

Section	Entries
Organizations	1
Sources	4
Reserve reports	0
Regulatory notes	0
Deployments	1
Issuer-control actions	0
Open questions	2
Events	1

Event timeline

Date	Event	Type	Detail kind	Recovered
2025-05-19	Liquity V2 brings BOLD live	Launch	Migration	—

Reserve and attestation history

Date	Publisher	Type	Assets covered	Record confidence
No reserve reports have been added yet.

Regulatory and official notices

Date	Title	Authority / publisher	Type	Summary
No regulatory notes have been added yet.

Blockchain deployments

Chain	Standard	Deployment	Status	Freeze	Blacklist	Control events	Contract	Notes
Ethereum	—	Canonical Issuance	Active	Unknown	Unknown	0	0xb01dd87B29d187F3E3A4Bf6cdAebfb97F3D9aB98	Canonical Liquity V2 BOLD token on Ethereum. sBOLD and other wrappers are separate assets and are not represented by this deployment.

Sources

Source	Publisher	Type	Evidence scope	Reliability
BOLD and Earn	Liquity	Protocol Docs	Bold Collateral Direct Redemption and Asset Identity, Bold Distinct from Sbold	High
Liquity V2 relaunch reference	Liquity	Protocol Docs	Liquity V2 Relaunch Date	Medium
BOLD redemptions and delegation	Liquity	Protocol Docs	Bold Public Redemption and Collateral Routing	High
Liquity V2 technical documentation and audits	Liquity	Protocol Docs	Bold Contract Identity Audits and Technical Architecture	High

Open questions

Topic	What remains unclear	Priority	Last checked
V2 Initial Deployment and Relaunch Sequence	Liquity V2 experienced deployment and relaunch work before the documented May 19, 2025 live phase. A complete event sequence with exact contract transitions remains to be normalized.	Medium	2026-06-14
Cross Chain Representations	Official documentation describes BOLD as Ethereum-native and discusses future or external bridge support. Current non-Ethereum representations have not been accepted as canonical deployments in SOG.	Low	2026-06-14