USDM
USDMFiat-backed USD-pegged Rank #206
Price
$1.002
+0.20% off peg
Market Cap
$1.40M
Market Cap
$1.40M
Dominance
0.00%
of market
Price
$1.002
% Off Peg
+0.20%
24h Supply
0.00%
7d Supply
0.00%
30d Supply
0.00%
Networks
6
chains
Circulating Supply
Total USDM across all chains
$1.40M
$1.40M
Sep 3, 2025
Sep 3, 2026
Chain Distribution
Current supply by network
Ethereum
$1.28M 91.4%
ZKsync Era
$58.6K 4.2%
Arbitrum
$45.3K 3.2%
Base
$9.3K 0.7%
OP Mainnet
$5.2K 0.4%
Polygon
$2.1K 0.1%
About USDM
The USDM Token is an ERC20 rebasing token, with a redemption value pegged at 1:1 for primary customers. Like other fiat-backed stablecoins, we expect a 1:~1 in secondary market price, driven by arbitrage opportunities.
Mint & redeem
Users can purchase USDM with USDC. Balances will be credited in the platform when funds settle (usually in seconds) and are ready to withdraw.
Links & references
Official website View on DefiLlama View on CoinGecko Twitter / X DefiLlama wiki
Contract 0x59d9…508c
