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USDM

MegaUSD

USDM
Crypto-backed USD-pegged Rank #108

Price

Market Cap

$17.52M

Market Cap

$17.52M

Dominance

0.01%

of market

Price

% Off Peg

24h Supply

0.00%

7d Supply

-1.16%

30d Supply

-5.46%

Networks

2

chains

Circulating Supply

Total USDM across all chains

$578.07M
$6.10M
Jan 28, 2026
Sep 3, 2026

Chain Distribution

Current supply by network

MegaETH
$17.49M 99.8%
Ethereum
$31.3K 0.2%

About MegaUSD

MegaETH's native stablecoin.

Mint & redeem

USDm is issued through Ethena's stablecoin stack, with mint/redeem facilitated on Ethereum mainnet via USDC then bridged to MegaETH.

Data via DefiLlama & CoinGecko. Figures update periodically and may differ slightly from other trackers. Not investment advice.