Mezo USD

MUSD

EthereumVerifiedRank #841

$0.9908

+0.03%24h+0.25%7d

Price chart

Loading chart…

Aggregated market price (CoinGecko OHLC)

Overview

Market capⓘ

$18.83M

Fully diluted valuationⓘ

$18.83M

Volume 24h

$116.15K

DEX liquidity

—

Circulating supply

19.01M MUSD

Total supply

19.01M MUSD

Max supply

—

All-time high

$1.37

Oct 24, 2026, 6:44 PM

FDV = price × total (or max) supply. It is not the market cap.

Source: CoinGeckoUpdated 12 hours ago· Showing the last available data — the provider is temporarily unreachable.

Trading pairs

No pools available right now.

About Mezo USD

MUSD is Mezo's Bitcoin-backed stablecoin, minted when users deposit BTC as collateral and borrow against it at low, fixed rates. The system uses a collateralized debt position (CDP) model, where each MUSD is fully backed by Bitcoin and can be redeemed for BTC, helping MUSD maintain its 1:1 peg to USD. Borrowers can access high loan-to-value ratios (up to ~90%) while the system maintains over-collateralization (system >110%, typical user >150%). Positions below minimum collateral ratio are automatically liquidated to keep all MUSD fully backed.