Onchain Marketcap$1.4m
Active Marketcap$1.4m
DeFi Active TVL$33,046
USDM Price$1
Chains1
Token Properties
CategoryRWA Stablecoins
Asset ClassYield RWA Stable
TypeAsset
RWA ClassificationRWA
Access ModelPermissionless
Parent PlatformMountain Protocol
Classification
RedeemableIndicates whether the token can be redeemed for underlying assets
KYC to Mint or RedeemIndicates whether minting or redeeming the token through the issuer or primary market requires KYC/AML verification (KYC/KYB/onboarding)
TransferableIndicates whether the token can be transferred freely between on chain addresses
Self CustodyIndicates whether the token can be held in a user controlled wallet
AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing
Issuer Information
IssuerMountain Protocol Ltd
Registry InformationMountain Protocol Ltd – Bermuda digital asset business licensed and regulated by the Bermuda Monetary Authority under the Digital Asset Business Act (DABA). Class F digital asset business license no. 202302512.
Sourcehttps://forum.arbitrum.foundation/t/mountain-protocol-usdm-step-application/23574
Attestations
Date of Last Attestation2025-03-06
Attestation FrequencyMonthly
View AttestationsThird-party verification reportsNotes
- USDM is a yield-bearing USD stablecoin designed for cash management where holders receive a return sourced from a conservative reserve portfolio. It is positioned as a stable-yield building block for DeFi and treasury use cases, supported by recurring third-party reserve attestations intended to demonstrate reserve coverage and composition.
DeFi Active TVL by Protocol
Protocol | ||
|---|---|---|
| $27,710 | 83.85% | |
| $2,883 | 8.72% | |
| $2,410 | 7.29% | |
| $43 | 0.13% |
DeFi Yield Opportunities (4)
Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabUSDM | $192.54m | 1.80% | 1.80% | 1.44% | |||||
| open in new tabUSDM | $1.33m | 5.95% | 5.95% | 0% | 5.55% | ||||
| open in new tabUSDM | $116,699 | 15.00% | 15.00% | 6.49% | |||||
| open in new tabUSDM | $97,916 | 2.45% | 2.45% | 2.42% |
Chains
Ethereum
Primary