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USDM

MegaUSD

USDM
Crypto-backed USD-pegged Rank #113

Price

Market Cap

$16.90M

Market Cap

$16.90M

Dominance

0.01%

of market

Price

% Off Peg

24h Supply

0.00%

7d Supply

-3.54%

30d Supply

-7.82%

Networks

2

chains

Circulating Supply

Total USDM across all chains

$578.07M
$6.10M
Jan 28, 2026
Sep 11, 2026

Chain Distribution

Current supply by network

MegaETH
$16.87M 99.8%
Ethereum
$31.4K 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.