- Coins 17 046
- Exchanges 1 272
- Market Capitalization $3 449 246 364 600
- 24h Trading Volume $122 993 764 946
- Dominance BTC 59.73% ETH 9.10%
Mezo USD (musd) Live Chart
| Crypto Rank | Name | Current Price | 24h Price Change | Total Supply | Circulating Supply | |
|---|---|---|---|---|---|---|
| 886 |
MUSD
Mezo USD
MUSD
| $ 1.01 | -0.09% | 22 358 514 | 22 358 514 | X-Ray |
Mezo USD (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.
Available Market Pairs
