Mountain Protocol USD

Mountain Protocol USD POLYGON USDM

Get the best Mountain Protocol USD exchange rate on Droidex and perform an instant swap. Compare the USDM exchange rates on different blockchains.

USDM price chart and market cap

1.0000 +0%(Past 3 days)
Price
$ 1.00
24h % Price
+0.39%
7d % Price
+0.97%
Market Cap
$ 48,107,029.00
24h Volume
$ 1,828,262.00
Coin Supply
48,000,500.64 USDM

What is Mountain Protocol USD (USDM)

The USDM token is a rebasing ERC20 token, redeemable at a pegged 1:1 USD value by primary users. USDM is a fully backed stablecoin, backed by "USDM Reserves", which are held under custody with regulated financial institutions in bankruptcy-remote accounts, segregated from the Company's operating accounts, on behalf of, and for the benefit of, Users. USDM rebases daily, allowing users to receive rewards

These rewards are generated by the interest paid by the US Treasuries held in the USDM Reserves.

How can I exchange Mountain Protocol USD

It might be a good idea to exchange Mountain Protocol USD, especially when you can exchange the cryptocurrency using Droidex.

Our service checks the rates USDM on all supported DEX and implements further optimizations to get the best rate possible.

  1. Go to droidex.io

  2. Choose Mountain Protocol USD(USDM) in the first section.

  3. Select the second token you want to receive.

  4. Enter the amount of your Mountain Protocol USD(USDM) in the first section you wish to exchange.

  5. Connect your wallet — Metamask or WalletConnect.

  6. Exchange crypto with the best rate.

  7. Get your tokens in a few seconds, using Droidex.