Mountain Protocol USDM(USDM)
Onchain Marketcap$1.4m

Onchain Marketcap by chain

Ethereum$1.28m

ZKsync Era$58,561

Arbitrum$45,287

Base$9,288

OP Mainnet$5,233

Polygon$2,068

Key Metrics

Active Marketcap$1.4m

Ethereum$1.28m

ZKsync Era$58,561

Arbitrum$45,287

Base$9,288

OP Mainnet$5,233

Polygon$2,068

DeFi Active TVL$32,251
Curve DEX$26,928

Ethereum$26,928

Tangible USTB$2,876

Ethereum$2,876

Arbitrum Bridge$2,404

Ethereum$2,404

Yearn (Treasury)$43

Ethereum$43

USDM Price$1

Chains1

Token Properties

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

Asset 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 Attestation:2025-03-06

Attestation Frequency:Monthly

Reports:View report

Notes

  • 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 Yield Opportunities (20)

Pool
Reference
Protocol
Chain
30d Trend
1USDM-USDT0.05%USDM-USDTLogo of Uniswap V3Uniswap V3
Logo of Ethereum
$24.84m<0.01%Mixed 330
2aMegUSDmAave MegaEth USDmUSDmLogo of Aave V3Aave V3
Logo of MegaETH
$6.66m3.47%Stable 92683
3FPMM-AUSD/USDmMento Fixed Price MM - AUSD/USDmAUSD-USDmLogo of Mento V3Mento V3
Logo of Monad
$2.1m14.62%0.14%+14.48%Stable 9035
4USDMUSDMLogo of LiqwidLiqwid
Logo of Cardano
$1.83m16.58%Mixed 64
5ADA-USDMV2ADA-USDMLogo of Minswap DEXMinswap DEX
Logo of Cardano
$927,53122.39%13.90%+8.49%Stable 79
6FPMM-EURm/USDmMento Fixed Price MM - EURm/USDmEURm-USDmLogo of Mento V3Mento V3
Logo of Monad
$662,11323.02%0.11%+22.90%Stable 8830
7FPMM-GBPm/USDmMento Fixed Price MM - GBPm/USDmGBPm-USDmLogo of Mento V3Mento V3
Logo of Monad
$563,75227.49%0.57%+26.92%Stable 9031
8aCelcUSDAave Celo cUSDUSDmLogo of Aave V3Aave V3
Logo of Celo
$503,4012.36%Mixed 62
9FPMM-USDC/USDmMento Fixed Price MM - USDC/USDmUSDC-USDmLogo of Mento V3Mento V3
Logo of Monad
$378,36910.95%0.92%+10.03%Stable 8927
10USDMV2USDMLogo of Minswap DEXMinswap DEX
Logo of Cardano
$177,28311.27%4.88%+6.39%Stable 91
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Chains

Ethereum

Ethereum

Primary