What is Monstro USDC Vault (MUSDC)?
mUSDC, or Monstro USDC, is an ERC-4626 vault token on Base that represents USDC deposited into the Monstro USDC vault. The vault is designed to provide a productive form of USDC, where each mUSDC share is backed by USDC held by the vault and the exchange rate can increase over time as fees and protocol revenue enter the vault. mUSDC is used across the Monstro ecosystem, including as the productive stablecoin layer for Based Loans, allowing idle USDC liquidity to remain useful while still maintaining simple USDC-denominated accounting.
Where can you buy Monstro USDC Vault?
Monstro USDC Vault (MUSDC) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for MUSDC sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for MUSDC. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.