Mountain Protocol USDM(USDM)
Onchain Marketcap$1.4m

Onchain Marketcap by chain

Ethereum$1.28m

ZKsync Era$58,641

Arbitrum$45,349

Base$9,300

OP Mainnet$5,240

Polygon$2,071

Key Metrics

Active Marketcap$1.4m

Ethereum$1.28m

ZKsync Era$58,641

Arbitrum$45,349

Base$9,300

OP Mainnet$5,240

Polygon$2,071

DeFi Active TVL$32,525
Curve DEX$27,156

Ethereum$27,156

Tangible USTB$2,900

Ethereum$2,900

Arbitrum Bridge$2,425

Ethereum$2,425

Yearn (Treasury)$44

Ethereum$44

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 (19)

Pool
Reference
Protocol
Chain
30d Trend
1USDM-USDT0.05%USDM-USDTLogo of Uniswap V3Uniswap V3
Logo of Ethereum
$19.06m0.02%Mixed 330
2aMegUSDmAave MegaEth USDmUSDmLogo of Aave V3Aave V3
Logo of MegaETH
$6.63m3.56%Stable 85674
3FPMM-AUSD/USDmMento Fixed Price MM - AUSD/USDmAUSD-USDmLogo of Mento V3Mento V3
Logo of Monad
$2.07m14.98%0.27%+14.70%Stable 9036
4USDMUSDMLogo of LiqwidLiqwid
Logo of Cardano
$1.79m17.45%Stable 67
5ADA-USDMV2ADA-USDMLogo of Minswap DEXMinswap DEX
Logo of Cardano
$897,62222.87%14.54%+8.33%Stable 81
6FPMM-EURm/USDmMento Fixed Price MM - EURm/USDmEURm-USDmLogo of Mento V3Mento V3
Logo of Monad
$712,66821.85%0.45%+21.40%Stable 9232
7aCelcUSDAave Celo cUSDUSDmLogo of Aave V3Aave V3
Logo of Celo
$505,808<0.01%Stable 69
8FPMM-GBPm/USDmMento Fixed Price MM - GBPm/USDmGBPm-USDmLogo of Mento V3Mento V3
Logo of Monad
$369,49225.61%0.38%+25.23%Stable 9131
9FPMM-USDC/USDmMento Fixed Price MM - USDC/USDmUSDC-USDmLogo of Mento V3Mento V3
Logo of Monad
$354,98312.52%1.82%+10.70%Stable 9426
10USDMV2USDMLogo of Minswap DEXMinswap DEX
Logo of Cardano
$177,87511.27%5.10%+6.17%Stable 90
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Chains

Ethereum

Ethereum

Primary