infiniFi Locked iUSD (1week)
LIUSD
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LIUSD represents a 1-week locked receipt-token for deposits in the infiniFi protocol on Ethereum Mainnet, earning a target yield in exchange for illiquidity. The protocol demonstrates functional operations with an app showing ~$49.92M in TVL and a completed, fix-verified security audit conducted by Cantina (Spearbit) where all 8 High-severity findings were remediated. However, the asset faces significant structural constraints: LIUSD acts purely as a transactional yield receipt rather than a tradable asset, resulting in virtually no secondary market liquidity, minimal public development transparency (41 total commits since April 2025), and a small holder base (~460 holders) lacking social/governance engagement. Additionally, the underlying asset-liability management model and undisclosed core team identities present notable operational and governance risks.
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Team & Governance
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Security & Audits
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About infiniFi Locked iUSD (1week) (LIUSD)
LIUSD (infiniFi Locked iUSD (1week)) is an ERC-20 lockup receipt token for the infiniFi protocol deployed on the Ethereum Mainnet. It represents deposits of the protocol's base asset, iUSD, committed to a mandatory one-week unlock period. In exchange for illiquidity, holders receive elevated yield generated through infiniFi's DeFi yield-tranching strategies. The token uses an elastic supply model where tokens are minted directly upon deposit and burned upon redemption.
Within the infiniFi ecosystem, LIUSD holders have access to constrained on-chain governance capabilities, allowing them to vote on capital allocation across specific yield farms based on lock duration. The protocol's smart contracts underwent a security audit by Cantina (Spearbit) in March 2025. The audit identified eight high-severity findings, including potential griefing and frontrunning vectors, which were verified as resolved, alongside several acknowledged medium- and low-severity items.
LIUSD carries notable structural and market risks. Because it serves as a locked deposit receipt rather than a liquid trading asset, it lacks an active secondary market. Furthermore, the underlying iUSD token has experienced historical price depegs, dropping as low as $0.24 and rising to $1.38, posing direct risk transmission to deposit receipt holders. Other operational factors include an undisclosed core development team, centralized administrative roles, and a small, transactional holder base.