Total Value Locked$1.4m
TVL by Chain
Ethereum$1.28m
ZKsync Era$58,680.66
Arbitrum$45,379.33
Base$9,306.5
OP Mainnet$5,243.25
Polygon$2,072.22
Key Metrics
$USDM Liquidity$16.23m
minswap$16.19m
Curve DEX$40,923
Total Raised$8m
Sep 11, 2023Round: SeedInvestors: Castle Island Ventures, Coinbase Ventures, New Form Capital, Daedalus Angels
Jun 6, 2024$8mRound: Series AInvestors: Multicoin Capital, Castle Island Ventures, Coinbase Ventures, Bankless Ventures, Department of XYZ, Wormhole Crosschain Ecosystem Fund
Protocol Information
Mountain Protocol presents USDM—a cutting-edge, yield-bearing, rebasing stable coin. Rooted in the stability of Treasury Bills and enhanced by the promise of returns, USDM is more than just a crypto token—it's a gateway to trusted and compliant decentralized finance. With its fully regulated, permissionless design, engage with a crypto experience that combines the best of tradition, innovation, and security.
Sub Category: Treasury Bills
Audits:
Methodology
TVL: Calculates the total USDM SupplyView code on GitHubCompetitors
Frequently Asked Questions
What is Mountain Protocol's TVL?
Mountain Protocol currently has $1.4m in total value locked. TVL has increased 0.7% over the past 30 days.
What chains does Mountain Protocol operate on?
Mountain Protocol operates on 6 chains: Arbitrum, Base, Ethereum, ZKsync Era, and Polygon and 1 others. Ethereum holds the largest share at 91.4%.
How does Mountain Protocol's TVL compare to similar protocols?
Among RWA protocols tracked by DefiLlama, Mountain Protocol ranks #80 by TVL. The category holds $27.638b across 147 protocols, and Mountain Protocol accounts for <0.1% of that total. Other leading protocols include Midas RWA, Tangible RWA, Boson Protocol, Sweep, BlackRock BUIDL, Spiko, Centrifuge Protocol, OpenEden USDO, VNX, and BackedFi.