Mountain Protocol USD
USDMPrice 1.000
Market Cap $ 1,427K
24h Volume $ 73K
About USDM
Mountain Protocol USD (USDM) is an ERC-20 token on the Base blockchain. Launched 12 months ago.
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.
Token Statistics
| Contract address | 0x59d9356e565ab3a36dd77763fc0d87feaf85508c |
|---|---|
| Name | Mountain Protocol USD |
| Symbol | USDM |
| Launch date | Nov 17, 2023 |
| Price | 1.000 |
| Market capitalization | $ 1,427K |
| Trading volume (last hour) | $ 0 |
| Transactions (last hour) | 0 |
| Trading volume (day) | $ 73K |
| Transactions (last day) | 34 |
Liquidity Pools
| Pool address | Other token | Trading volume (day) |
|---|---|---|
0x63eb...9d81  |  USD Coin (USDC) | $ 2M |
| 0x1c2d...038a | USD Coin (USDC) | $ 1 |