Underlying asset
limUSD
Issued by Liminal. The facts below were checked on the date shown, from the sources listed.
limUSD is issued by Liminal. What stands behind it: a basis trade run on chain. It redeems at once in normal conditions, and the issuer states a worst case of 3 days.
Facts
- Issuer
- Liminal
- What stands behind it
- a basis trade run on chain
- Strategy
- funding on perpetual futures, hedged delta-neutral
- Valued in
- USD
- Position in the capital stack
- not a tranche
- Who has to keep a promise
- code on chain
- Redemption
- redeems at once in normal conditions; the issuer's stated worst case is 3 days
- Who can change it
- a timelock · 48 h delay · the admin role 0xa74a3589072a3031bf1bfe0d14619a72328f0aef (HyperEVM)
- Audits
- Spearbit, 2025-10
Pashov, 2025-10 - Bug bounty
- not found in a source that meets the standard
- Depends on
- none recorded
- Chains
- HyperEVM
- Checked
- 2026-10-01, from the issuer's own documents
- Sources
- https://docs.liminal.money/tokenized/limusd
https://docs.liminal.money/tokenized/flows
https://docs.liminal.money/tokenized/risks
https://docs.liminal.money/more/audits
https://content.gitbook.com/content/2V5suFkgfZ7GDhGc23Cs/blobs/hcMYq88eDLhoU6yFL0I8/Audit-Liminal-Spearbit.pdf
https://content.gitbook.com/content/2V5suFkgfZ7GDhGc23Cs/blobs/o11oQu3CVEW2sbFJtJAj/Audit-Liminal-Pashov.pdf
Pendle markets on it
Live Pendle markets on this asset, as of 6 Oct 2026. Rates are not shown. Market data: Pendle.
| Chain | Maturity | Principal token |
|---|---|---|
| HyperEVM | 2026-11-26 | PT-limUSD-26NOV2026 |
Not found
What the research has not answered for this asset, said rather than left blank.
- A public bug bounty programme.
- Incidents: this encyclopedia does not yet keep a record of incidents from primary sources.