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Home/Coins/Mountain Protocol USDUSDM

Mountain Protocol USD

usdmRank 2680
$1.00+0.72% today
Low $0.994724h rangeHigh $1.01
30 days
+0.19%
1 year
+0.39%

Price over 7 days

$1.00

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Key numbers

Market cap
$1.40M
Rank 2680
24h volume
$26.60
0.00% of market cap
Fully diluted value
$1.40M
Circulating supply
1.40M USDM
Total supply
1.40M USDM
Max supply
No cap
All-time high
$1.47
−31.91%, 1 May 2026
All-time low
$0.5425
13 Aug 2024

About Mountain Protocol USD

What Mountain Protocol USD is, how it works, and how to read its market figures.

What is Mountain Protocol USD (USDM)?

The USDM token is a rebasing ERC20 token, redeemable at a pegged 1:1 USD value by primary users. USDM is a fully backed stablecoin, backed by "USDM Reserves", which are held under custody with regulated financial institutions in bankruptcy-remote accounts, segregated from the Company's operating accounts, on behalf of, and for the benefit of, Users. USDM rebases daily, allowing users to receive rewards. These rewards are generated by the interest paid by the US Treasuries held in the USDM Reserves.

Where can you buy Mountain Protocol USD?

Mountain Protocol USD (USDM) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for USDM 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 USDM. 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.

Read the full guide, 6 more sectionsShow less

What is the daily trading volume of Mountain Protocol USD (USDM)?

The reported 24-hour trading volume of Mountain Protocol USD is $26.60. Volume is a live reading of how much USDM changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.

For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.

What is the highest and lowest price for Mountain Protocol USD (USDM)?

Mountain Protocol USD reached an all-time high of $1.47 on May 1, 2026, and an all-time low of $0.5425 on August 13, 2024. It is currently trading -32.03% from its peak and +84.79% from its bottom.

The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where USDM sits in its long-run price range.

What is the market cap of Mountain Protocol USD (USDM)?

Mountain Protocol USD's market capitalization is currently $1.40M, and it is ranked #2680 by market cap on ReadPrices. Market cap is calculated as the current price multiplied by the circulating supply (1.40 million USDM are actively circulating today).

Market cap is a common but imperfect measure. It reflects the theoretical value of every circulating token at the current market price, but it doesn't capture how thin the top of the order book might be - an important caveat for tokens with low floats or illiquid cap tables.

What is the fully diluted valuation of Mountain Protocol USD (USDM)?

The fully diluted valuation (FDV) of Mountain Protocol USD is $1.40M. FDV is a projection of what the market cap would be if every token that will ever exist - including those that have not yet been unlocked, mined or issued - were in circulation at the current price.

FDV is a useful second reading alongside market cap. A large gap between mcap and FDV signals that future token emissions could dilute current holders, while a small gap indicates that supply is already mostly out.

How does the price performance of Mountain Protocol USD compare against its peers?

Over the past 24 hours, Mountain Protocol USD has moved +0.72%. Over the past seven days, the change is -. Comparing these figures to the change in the whole crypto market cap (shown in the line at the top of this page) tells you whether USDM is leading, lagging or tracking the broader market.

For deeper analysis, the Categories page groups coins by theme - Layer 1, Meme, DePIN, AI, RWA and so on - and lets you compare Mountain Protocol USD against its closest peers. Each category page lists its coins with their seven-day price lines in a single view.

How to store Mountain Protocol USD?

Like any crypto asset, the right way to store USDM depends on how often you plan to use it. Long-term holders typically self-custody using a hardware wallet such as Ledger or Trezor, which keeps private keys offline and immune to most remote attacks.

For active traders, a reputable custodial exchange wallet can be appropriate, especially one with clear proof-of-reserves attestations. Whatever approach you choose, the most important rule is to keep your recovery phrase offline, never share it, and never enter it into a web form or attached to a DM - no legitimate support agent will ever ask for it.

The figures in this text (price, market cap, volume, all-time high and low) come from the same feed as the rest of the page and can be up to five minutes old. The text is written by the ReadPrices team and is not financial advice. Read the risk disclosure before you trade.

Converter

Full converter

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1 USDM = 1.001 USDTabout $1.00

Price projection

Estimated USDM price in 7d

$1.00

Between $0.9850 and $1.02

If you hold

Worth now
$1.00
In 7d
$1.00
Difference
+$0.00 (+0.00%)

An estimate for learning only, not financial advice. It carries the recent change forward and widens the range using 24-hour swings.

Official links

Website

mountainprotocol.com

Explorers

etherscan.iointel.arkm.comethplorer.iopolygonscan.com

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USDM guides on other sites

TradingHow to trade Mountain Protocol USDcoinbase.comBasicsWhat is Mountain Protocol USD?coinbase.comMarket dataMountain Protocol USD market cap and pricecoingecko.comGetting startedHow to buy and store Mountain Protocol USDcoinbase.com

These links open other sites. ReadPrices does not run or endorse them.

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Global USDM prices

What 1 USDM costs in other currencies.

  • US dollar$1.00
  • Euro€0.894402
  • British pound£0.755915
  • Canadian dollarC$1.43
  • Australian dollarA$1.44
  • Japanese yen¥159
  • Chinese yuanCN¥6.70
  • Indian rupee₹95
  • Brazilian realR$5.02
  • Korean won₩1,343
  • Swiss francCHF 0.833463
  • Bitcoin0.00001204 BTC
  • Ethereum0.000399 ETH

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