Meta USD

MUSD Price

What is Meta USD about?

METASTABLE is a decentralized vault system deployed on the Sui network. The protocol enables users to deposit supported assets—bridged or native—and mint a stablecoin, mUSD, which is pegged to the US dollar. Users can utilize mUSD in AMMs, lending platforms, and other protocols while earning mPOINTS that may translate into future token rewards distributed via airdrops. Vaults also support lending out deposited assets for increased yield and capital efficiency.

What makes Meta USD unique?

Unlike a strict 1:1 minting model, METASTABLE relies on oracle-based exchange rates (e.g., Pyth price feeds) to determine the exchange rate between deposited assets and mUSD. With oracle feeds in place, the protocol can adapt to different price sources and handle a wide array of assets seamlessly. Using asset's exact on-chain exchange rate enables slippageless trades between assets supported by the vault, as opposed to slippage-prone, AMM counterparts.

What's next for Meta USD?

Although METASTABLE currently focuses on USD-pegged stablecoins, its architecture has been designed modularly to allow extending the protocol with new meta coins. One could imagine a future where METASTABLE supports the creation of other meta coins, such as mBTC or mETH.

Where can you buy Meta USD?

MUSD tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Meta USD is Aftermath Finance, where the most active trading pair MUSD/SUI has a trading volume of $137.39 in the last 24 hours.

What is the daily trading volume of Meta USD (MUSD)?

The trading volume of Meta USD (MUSD) is $281.75 in the last 24 hours, representing a 94.70% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Meta USD (MUSD)?

Meta USD (MUSD) reached an all-time high of $1.41 and an all-time low of $0.0009654. It’s now trading -18.90% below that peak and 117,998.10% above its lowest price.

What is the market cap of Meta USD (MUSD)?

Market capitalization of Meta USD (MUSD) is $165,899 and is ranked #5222 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of MUSD tokens (150 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of Meta USD (MUSD)?

The fully diluted valuation (FDV) of Meta USD (MUSD) is $165,899. This is a statistical representation of the maximum market cap, assuming total number of 150 Thousand ETH tokens are in circulation today.

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

With a price increase of 13.70% in the last 7 days, Meta USD (MUSD) is outperforming the global cryptocurrency market which is up 3.70%, while outperforming when compared to similar Stablecoins cryptocurrencies which are up 0.70%.