WrappedM by M^0
$0.9996
Data from CoinGecko, on-chain analytics, and official project documentation. View methodology
- Cryptocurrency
- WrappedM by M^0 (WM)
- Sector
- Stablecoin
- Market Cap Rank
- #310
- Current Price
- $0.9996
- Market Capitalization
- $83.84M
Cycle Potential
0x
cycle scenario · ~2029 window
Risk Level
0/10
Low Risk
Market Cap
$83.84M
Volume
$53.01K
Circulating Supply
83.87M
0.0% not yet in circulation
Total Supply
83.87M
What is WrappedM by M^0?
WrappedM by M^0 (WM) 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 #310 by market capitalization, trading at $0.9996 with a total market cap of $83.84M.
How does WrappedM by M^0 work?
WrappedM (wM) is a non-rebasing ERC-20 wrapper for M^0 protocol's M stablecoin, designed for DeFi integration with programmable yield distribution. As of February 2026, wM maintains approximately $772 million market cap with 780 million tokens circulating, ranking #110 on CoinGecko. The protocol faces significant regulatory headwinds following the GENIUS Act (July 2025), which banned interest/yield on payment stablecoins, directly challenging wM's core value proposition. The underlying M token...
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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.