USDM Icon

$USDM

USDM is a yield-bearing dollar token that rebases to pass through Treasury-like returns while targeting a stable $1 price. Mountain Protocol is licensed and regulated by the Bermuda Monetary Authority. It has been winded down since August 2025.

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Learn more about this asset directly from the issuer's website.

Market Cap

$1,196,542

8.11%from 30d ago

Price

$1.00

0.22%from 30d ago

Holders

9,093

+0.18%from 30d ago

Monthly Transfer Volume

$9,879.28

71.32%from 30d ago

Monthly Active Addresses

106

21.48%from 30d ago

Stablecoins Metrics

Show % of Total

Market Cap by Network

as of 08/02/2026

Key Facts

Name
Mountain USD
Ticker
USDM
CUSIP
ISIN
Tokenization Type
Type
Manager
Asset Class
Underlying Assets
Stocks - Treasury ETFUS Treasury Debt
Eligible Investors
Inception Date
08/24/2023
Use Of Income
Distributes
Management Fees
0%
Performance Fees
0%

Market Data

Total Value
$1,197,254
NAV
$1.00
Price
$0.9994
Token Supply
1,197,254.01
Circulating Supply
1,197,254.01
7D APY
30D APY
Holders
9,093
Trailing 30D Active Addresses
106
Monthly Transfer Count
1,064
Monthly Transfer Volume
$9,879

Tokens

Network
Type
Tokenization Type
Token Standard
Token Supply
Circulating Supply
Bridged Supply
Holders
Trailing 30D Active Addresses
Monthly Transfer Volume
Monthly Transfer Count
Contract Address
Native
ERC-20
1,186,538.72
Native
ERC-20
10,408.05
Native
ERC-20
209.43
Native
97.80
Native
ERC-20
0.00
Native
ERC-20
0.00
Native
ERC-20
0.00

Primary Market

Eligible Investors
Base Assets
Subscription Time
Min. Investment
Subscription Fees
0%
Subscription Description
Redemption Time
Minimum Redemption Amount
Redemption Fees
0%
Redemption Description
KYC Description

Assessments & Ratings

Provider
Rating
Document
S&P Global Ratings

Service Providers

Manager
Sub-Advisor

Custodian

Legal Identifier

Crypto Custodian
Fund Administrator
Traditional Broker
Crypto Broker
Auditor
Nephos Group iconNephos Group
Transfer Agent
Paying Agent

Legal & Regulatory

Issuer
Mountain Protocol
Issuer LEI
Issuer CIK
Domicile
Bermuda Flag

Bermuda

Regulatory Framework

Bermuda Digital Assets Issuance Act

BMA - Bermuda Monetary Authority

Dispute Resolution Country
Account Segregation
Bankruptcy Remote
Deposit Insurance

Fees

Management Fees
0%
Performance Fees
0%
Other Fees
Redemption Fees
0%
Subscription Fees
0%

Holders

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holder breakdowns

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Holders Product Screenshot