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Mountain Protocol USD

Mountain Protocol USD

$1.00
-$0.00319668
-0.32%
• Today

Info

Symbol
USDM
Network
Polygon
Market Cap
$48M
Total Supply
870.48K
Circulating Supply
870.48K
Holders
1,014
Volume (24h)
$2K

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.

FAQ

The market capitalization of USDM is $48M as of Jun 22, 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 $2K as of Jun 22, 2025.

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

The total supply of USDM is 870.48K.

The circulating supply, which represents the number of USDM currently available in the market, is 870.48K as of Jun 22, 2025.

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.

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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