MegaUSD
$0.9982
Data from CoinGecko, on-chain analytics, and official project documentation. View methodology
- Cryptocurrency
- MegaUSD (USDM)
- Sector
- Stablecoin
- Market Cap Rank
- #969
- Current Price
- $0.9982
- Market Capitalization
- $16.88M
Cycle Potential
0x
cycle scenario · ~2029 window
Risk Level
0/10
Low Risk
Market Cap
$16.88M
Volume
$253.57K
Circulating Supply
16.90M
Total Supply
16.90M
What is MegaUSD?
MegaUSD (USDM) is a stablecoin designed to maintain a stable value, typically pegged 1:1 to a fiat currency like the US dollar. It is currently ranked #969 by market capitalization, trading at $0.9982 with a total market cap of $16.88M.
How does MegaUSD work?
MegaUSD (USDM) is the native stablecoin of MegaETH, a high-performance Ethereum Layer 2 that describes itself as real-time Ethereum with sub-millisecond latency and more than 100,000 transactions per second. USDM is built with Ethena stablecoin infrastructure and is issued on USDtb rails, with reserves primarily tied to BlackRock BUIDL tokenized U.S. Treasury exposure through Securitize plus liquid stablecoins for redemptions. MegaETH uses the reserve-yield model differently from a normal...
Unlock Full MegaUSD (USDM) Analysis
Full analysis includes:
This prediction is logged. We never edit past entries.
View our full track recordRelated analyses
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions. Cryptocurrency investments are volatile and carry significant risk.