Info

Name
Mezo USD
Symbol
MUSD
Network
Ethereum
Market Cap
$686K
Total Supply
681.67K
Circulating Supply
681.67K
Holders
7,959
Volume (24h)
$34K
-52.64%
Trades (24h)
23
-28.12%
Traders (24h)
14
-30.00%

About

MUSD is Mezo's Bitcoin-backed stablecoin, minted when users deposit BTC as collateral and borrow against it at low, fixed rates. The system uses a collateralized debt position (CDP) model, where each MUSD is fully backed by Bitcoin and can be redeemed for BTC, helping MUSD maintain its 1:1 peg to USD. Borrowers can access high loan-to-value ratios (up to ~90%) while the system maintains over-collateralization (system >110%, typical user >150%). Positions below minimum collateral ratio are automatically liquidated to keep all MUSD fully backed.

FAQ

The market capitalization of MUSD is $686K as of May 31, 2026.

Market capitalization is calculated by multiplying the current price of MUSD 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 MUSD is $34K as of May 31, 2026.

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

The total supply of MUSD is 681.67K.

The circulating supply, which represents the number of MUSD currently available in the market, is 681.67K as of May 31, 2026.

MUSD 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.

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.