Metronome Synth USD
MSUSD Price
How is the price of Metronome Synth USD (MSUSD) calculated?
The price of Metronome Synth USD (MSUSD) is calculated in real-time by aggregating the latest data across 7 exchanges and 15 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
Metronome Synth USD Price Chart (MSUSD)
Switch & Compare
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| 0.3% | 1.8% | 2.7% | 2.8% | 2.9% | 3.1% |
MSUSD Converter
Metronome Synth USD Statistics
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Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$41.203M |
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Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
1 |
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Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$41.16M |
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24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$15.928M |
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Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
42.52M |
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Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to issued shares in the stock market.
Total Supply = Onchain supply - burned tokens |
42.475M |
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Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
∞ |
MSUSD Historical Price
| 24h Range | $0.9620 – $0.9853 |
|---|---|
| 7d Range | $0.9620 – $0.9927 |
| All-Time High |
$3.43 71.8%
Oct 16, 2025 (10 months)
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| All-Time Low |
$0.4279 126.5%
Oct 08, 2025 (10 months)
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How do you feel about MSUSD today?
About Metronome Synth USD (msUSD)
Metronome Synth USD (msUSD) is a synthetic stablecoin generated within the Metronome ecosystem, designed to provide capital-efficient exposure to the US Dollar.
- Users can mint msUSD by depositing various cryptocurrencies, including yield-bearing tokens, as collateral.
- The asset utilizes LayerZero Omnichain Fungible Token (OFT) technology to enable seamless transfers across multiple blockchain networks.
- Protocol governance is managed by the Metronome DAO, allowing token holders to influence system parameters and asset integrations.
What Is Metronome Synth USD
Metronome Synth USD is a decentralized synthetic asset that tracks the value of the US Dollar. It serves as a core component of the Metronome Synth Engine, a protocol built to maximize the utility of deposited crypto assets. By allowing users to mint stablecoins against yield-bearing collateral, the system enables participants to maintain their underlying investment positions while accessing liquidity for other DeFi activities.
Value within the system flows through the minting and redemption of synthetic assets. Users deposit collateral to create msUSD, which can then be utilized in external decentralized finance protocols for yield farming, lending, or liquidity provision. This mechanism allows the ecosystem to scale as more collateral types and cross-chain integrations are added, increasing the total supply and utility of the synthetic dollar.
What Makes Metronome Synth USD Unique
- Yield-Bearing Collateral Support: Unlike many stablecoins that require idle assets, Metronome allows users to use tokens that are already earning yield as backing for msUSD.
- Omnichain Capability: Built with LayerZero technology, msUSD functions as an OFT, allowing it to move between supported chains like Ethereum, Optimism, and Base without the need for traditional wrapping or bridging.
- Synthetic Engine Integration: As part of a broader suite of synthetic assets (including msETH and msBTC), msUSD benefits from a unified liquidity and collateral framework governed by the Metronome DAO.
What Can You Use Metronome Synth USD for?
- Value retention: Metronome Synth USD allows users to maintain a digital representation of the US Dollar on-chain, providing a way to hedge against the price volatility of other crypto assets while remaining within the decentralized ecosystem.
- Yield generation: Users can deploy msUSD in various decentralized lending markets or liquidity pools to earn returns. The source material indicates that the protocol is designed for smart farming, though the source does not specify native yield options such as US Treasuries.
- Cross-border settlement / value transfer: Utilizing LayerZero's stablecoin infrastructure, msUSD can be transferred globally across multiple blockchain networks with minimal friction, facilitating international movement of US Dollar value.
- Collateralization: The asset can be used as collateral within other borrowing and lending protocols or as margin for decentralized derivatives, as supported by the source.
How Does Metronome Synth USD Work?
Metronome Synth USD operates through a collateralized debt position (CDP) model. Users lock supported assets into the Metronome Synth Engine to mint msUSD at a specific collateralization ratio. The protocol monitors these ratios to ensure the system remains overcollateralized; if the value of a user's collateral falls below a certain threshold, their position may be liquidated to maintain the stablecoin's backing.
Transaction fees and protocol service fees are paid in the native currency of the underlying blockchain (such as ETH for Ethereum or Base), as msUSD is an application utility token rather than a network gas asset.
Team Info and Investors
The Metronome protocol is governed by the Metronome DAO, which consists of MET and esMET token holders who collectively manage the protocol's development and parameters. While the source notes that the DAO governs the future of the protocol, it does not specify individual founders or a list of private investors.
Where can you buy Metronome Synth USD?
MSUSD tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Metronome Synth USD is Curve (Ethereum), where the most active trading pair FRXUSD/MSUSD has a trading volume of $2,473,366.35 in the last 24 hours. Other popular options include Aerodrome Slipstream 2 and Aerodrome (Base).
What is the daily trading volume of Metronome Synth USD (MSUSD)?
The trading volume of Metronome Synth USD (MSUSD) is $4,080,550.60 in the last 24 hours, representing a 124.90% 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 Metronome Synth USD (MSUSD)?
Metronome Synth USD (MSUSD) reached an all-time high of $3.43 and an all-time low of $0.4279. It’s now trading -71.80% below that peak and 126.60% above its lowest price.
What is the market cap of Metronome Synth USD (MSUSD)?
Market capitalization of Metronome Synth USD (MSUSD) is $41,228,160 and is ranked #497 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of MSUSD tokens (43 Million tokens are tradable on the market today).
What is the fully diluted valuation of Metronome Synth USD (MSUSD)?
The fully diluted valuation (FDV) of Metronome Synth USD (MSUSD) is $41,184,731. This is a statistical representation of the maximum market cap, assuming total number of 42 Million ETH tokens are in circulation today.
How does the price performance of Metronome Synth USD compare against its peers?
With a price decline of -2.30% in the last 7 days, Metronome Synth USD (MSUSD) is underperforming the global cryptocurrency market which is down -1.10%, while underperforming when compared to similar Stablecoins cryptocurrencies which are down -0.60%.
How to add Metronome Synth USD (MSUSD) to MetaMask?
Adding Metronome Synth USD (MSUSD) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import MSUSD as a token. You can copy MSUSD’s contract address (0xab5eb14c09d416f0ac63661e57edb7aecdb9befa) and import it manually, or if you've installed MetaMask's chrome extension, add MSUSD to MetaMask with one click on CoinGecko.
Add MSUSD to MetaMask.
Metronome Synth USD (MSUSD) Token Holders
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