What is Mountain Protocol USD (USDM)?
The USDM token is a rebasing ERC20 token, redeemable at a pegged 1:1 USD value by primary users. USDM is a fully backed stablecoin, backed by "USDM Reserves", which are held under custody with regulated financial institutions in bankruptcy-remote accounts, segregated from the Company's operating accounts, on behalf of, and for the benefit of, Users. USDM rebases daily, allowing users to receive rewards. These rewards are generated by the interest paid by the US Treasuries held in the USDM Reserves.
Where can you buy Mountain Protocol USD?
Mountain Protocol USD (USDM) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for USDM sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting USDM, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of Mountain Protocol USD (USDM)?
The reported 24-hour trading volume of Mountain Protocol USD is $2.76. Volume is a live reading of how much USDM changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
What is the highest and lowest price for Mountain Protocol USD (USDM)?
Mountain Protocol USD reached an all-time high of $1.16 on August 20, 2024, and an all-time low of $0.5425 on August 14, 2024. It is currently trading -13.95% from its peak and +83.86% from its bottom.
The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where USDM sits in its long-run price range.
What is the market cap of Mountain Protocol USD (USDM)?
Mountain Protocol USD's market capitalization is currently $960.92K, and it is ranked #3080 by market cap on Cryptopricing. Market cap is calculated as the current price multiplied by the circulating supply (963.33 thousand USDM are actively circulating today).
Market cap is a common but imperfect measure. It reflects the theoretical value of every circulating token at the current market price, but it doesn't capture how thin the top of the order book might be - an important caveat for tokens with low floats or illiquid cap tables.
What is the fully diluted valuation of Mountain Protocol USD (USDM)?
The fully diluted valuation (FDV) of Mountain Protocol USD is $1.40M. FDV is a projection of what the market cap would be if every token that will ever exist - including those that have not yet been unlocked, mined or issued - were in circulation at the current price.
FDV is a useful second reading alongside market cap. A large gap between mcap and FDV signals that future token emissions could dilute current holders, while a small gap indicates that supply is already mostly out.
How does the price performance of Mountain Protocol USD compare against its peers?
Over the past 24 hours, Mountain Protocol USD has moved -0.01%. Over the past seven days, the change is -0.06%. Comparing these figures to the global crypto market cap change (shown in the ticker at the top of this page) tells you whether USDM is leading, lagging or tracking the broader market.
For deeper analysis, the categories strip on the home page groups coins by theme - Layer 1, Meme, DePIN, AI, RWA and so on - and lets you compare Mountain Protocol USD against its closest peers. The category detail pages surface the underlying coins and their seven-day sparklines in a single view.
How to store Mountain Protocol USD?
Like any crypto asset, the right way to store USDM depends on how often you plan to use it. Long-term holders typically self-custody using a hardware wallet such as Ledger or Trezor, which keeps private keys offline and immune to most remote attacks.
For active traders, a reputable custodial exchange wallet can be appropriate, especially one with clear proof-of-reserves attestations. Whatever approach you choose, the most important rule is to keep your recovery phrase offline, never share it, and never enter it into a web form or attached to a DM - no legitimate support agent will ever ask for it.
