About MUSD
MUSD is Mezo's Bitcoin-backed stablecoin, minted when users deposit BTC as collateral and borrow against it at low, fixed rates. The system uses a collateralized debt position (CDP) model, where each MUSD is fully backed by Bitcoin and can be redeemed for BTC, helping MUSD maintain its 1:1 peg to USD. Borrowers can access high loan-to-value ratios (up to ~90%) while the system maintains over-collateralization (system >110%, typical user >150%). Positions below minimum collateral ratio are automatically liquidated to keep all MUSD fully backed.
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Market Stats
Market Cap
$20.34M
0.05%
FDV
$49.41M
Circ. Supply
21M MUSD
Max Supply
50M MUSD
Total Supply
50M MUSD
Diluted Valuation
$20.34M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$403.58K
0.42%
Volume (7D)
$2.85M
Volume (30D)
$11.79M
All time high
$1.29
Price Change (1Y)
Not enough data
1.15%
Additional details
Market details
MUSD vs markets
↗ 32.57%
MUSD vs BTC
↗ 37.41%
MUSD vs ETH
↗ 28.93%
Tags
stablecoin-protocol
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xdD468A1DDc392dcdbEf6db6e34E89AA338F9F186 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.99 | |
1 Day | $0.99 | |
1 Week | $0.99 | |
1 Month | $1.00 | |
1 Year | $0.00 |
FAQ
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
MUSD calculator
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Legal
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