Mountain Protocol USDM(USDM)Onchain Marketcap$1.39m
Onchain Marketcap by chain
Ethereum$1.27m
ZKsync Era$58,258
Arbitrum$47,091
Base$9,239
OP Mainnet$5,205
Polygon$2,057
Key Metrics
Active Marketcap$1.39m
Ethereum$1.27m
ZKsync Era$58,258
Arbitrum$47,091
Base$9,239
OP Mainnet$5,205
Polygon$2,057
DeFi Active TVL$31,965
Curve DEX$26,643
Ethereum$26,643
Tangible USTB$2,875
Ethereum$2,875
Arbitrum Bridge$2,404
Ethereum$2,404
Yearn (Treasury)$43
Ethereum$43
USDM Price$0.99
Chains1
Token Properties
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
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.
Chains
Ethereum
Primary