Mountain Protocol USD

$1.00

-$0.00068826

-0.07%

• Today

Info

Symbol

USDM

Network

Ethereum

Market Cap

$14M

Total Supply

48M

Circulating Supply

13.76M

Holders

343

Volume (24h)

$260K

-89.53%

Trades (24h)

16

-76.12%

Traders (24h)

9

-60.87%

About

The USDM token is a rebasing ERC20 token, redeemable at a pegged 1:1 USD value by primary users. USDM is a fully backed stablecoin, backed by "USDM Reserves", which are held under custody with regulated financial institutions in bankruptcy-remote accounts, segregated from the Company's operating accounts, on behalf of, and for the benefit of, Users. USDM rebases daily, allowing users to receive rewards. These rewards are generated by the interest paid by the US Treasuries held in the USDM Reserves.

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FAQ

The market capitalization of USDM is $14M as of May 27, 2025.

Market capitalization is calculated by multiplying the current price of USDM by its circulating supply. It reflects the overall value of the token in the market and helps gauge its relative size compared to other cryptocurrencies.

The daily trading volume of USDM is $260K as of May 27, 2025.

Trading volume can fluctuate based on market conditions, investor activity, and overall demand for USDM.

The total supply of USDM is 48M.

The circulating supply, which represents the number of USDM currently available in the market, is 13.76M as of May 27, 2025.

This token does not have a maximum supply. This means that new tokens can be created over time. The supply may change due to network protocols, staking rewards, or token burns.

USDM can be bought and traded on a variety of cryptocurrency platforms, including Phantom!

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.

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Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.