Mountain Protocol USDM(USDM)
Onchain Marketcap$1.39m

Onchain Marketcap by chain

Ethereum$1.27m

ZKsync Era$58,163

Arbitrum$47,014

Base$9,224

OP Mainnet$5,197

Polygon$2,054

Key Metrics

Active Marketcap$1.39m

Ethereum$1.27m

ZKsync Era$58,163

Arbitrum$47,014

Base$9,224

OP Mainnet$5,197

Polygon$2,054

DeFi Active TVL$32,209
Curve DEX$26,884

Ethereum$26,884

Tangible USTB$2,877

Ethereum$2,877

Arbitrum Bridge$2,405

Ethereum$2,405

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
$19.93m0.02%Volatile310
2aMegUSDmAave MegaEth USDmUSDmLogo of Aave V3Aave V3
Logo of MegaETH
$7.02m3.19%Mixed55744
3USDMUSDMLogo of LiqwidLiqwid
Logo of Cardano
$1.47m9.29%Stable83
4ADA-USDMV2ADA-USDMLogo of Minswap DEXMinswap DEX
Logo of Cardano
$801,38045.20%38.47%+6.73%Stable70
5FPMM-EURm/USDmMento Fixed Price MM - EURm/USDmEURm-USDmLogo of Mento V3Mento V3
Logo of Monad
$611,96326.94%2.15%+24.79%Stable7829
6FPMM-USDC/USDmMento Fixed Price MM - USDC/USDmUSDC-USDmLogo of Mento V3Mento V3
Logo of Monad
$558,82418.54%4.97%+13.57%Mixed5331
7FPMM-GBPm/USDmMento Fixed Price MM - GBPm/USDmGBPm-USDmLogo of Mento V3Mento V3
Logo of Monad
$523,60529.82%0.84%+28.98%Stable7823
8aCelcUSDAave Celo cUSDUSDmLogo of Aave V3Aave V3
Logo of Celo
$503,7053.04%Stable94
9USDM3CRV-fCurve.fi Factory USD Metapool: USDMUSDM-3CrvLogo of Curve DEXCurve DEX
Logo of Ethereum
$174,1750.00%Stable10061
10FPMM-AUSD/USDmMento Fixed Price MM - AUSD/USDmAUSD-USDmLogo of Mento V3Mento V3
Logo of Monad
$101,23417.90%Mixed559
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Chains

Ethereum

Ethereum

Primary