• Cryptos 17576
  • Exchanges 1475
  • Market Cap $2.64T 2.19%
  • 24h Vol $104.53B
  • Dominance BTC 57.0% ETH 10.6%

Mountain Protocol USD Live Price Update & Market Capitalization

Mountain Protocol USD USDM #2982

$0.997 0.01% (1d)

Market Overview

Mountain Protocol USD current market price is $0.997 with a 24 hour trading volume of $49. The total available supply of Mountain Protocol USD is 1,401.31K USDM. It has secured Rank 2982 in the cryptocurrency market with a marketcap of $960.90K. The USDM price is 0% down in the last one hour.


The high price of the Mountain Protocol USD is $0.998 and low price is $0.997 in the last 24 hours. Live prices from all markets and coin market Capitalization. Stay up to date with the latest price movements. Check our coin stats data and see when there is an opportunity to buy or sell at best price in the market.

Mountain Protocol USD Rank

2982

Mountain Protocol USD Price

$0.997

Market Cap

$960.90K 0.01%

Fully Diluted Valuation

$1,397.78K

Trading Volume(24h)

$49

Circulating Supply

963.33K USDM

Total Supply

1,401.31K USDM

Max Supply

(Not Available)

High(24h)

$0.998

Low(24h)

$0.997

All-time High

$1.16 13.95%
20 Aug 2024

All-time Low

$0.542 83.87%
14 Aug 2024

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Mountain Protocol USD Price Chart

1h

0%

24h

0.01%

7d

0.2%

14d

0.58%

30d

0.5%

60d

22.11%

200d

0.09%

1y

0.28%

Mountain Protocol USD Historical Data

Historical data of Mountain Protocol USD past 365 days.

DateMarket CapVolumeClose
2024-06-30$47,086,014.85$810,895.83$1.00
2024-07-01$47,166,825.13$2,087,175.89$1.00
2024-07-02$44,977,382.22$765,141.76$1.00
2024-07-03$44,892,598.47$499,142.41$1.00
2024-07-04$44,908,198.70$1,245,020.90$1.00
2024-07-05$44,431,658.37$2,781,479.22$0.99
2024-07-06$45,103,137.29$2,357,522.49$1.00
2024-07-07$44,986,051.11$1,296,088.64$1.00
2024-07-08$44,846,543.53$648,011.78$1.00
2024-07-09$44,923,459.80$1,773,885.53$1.00
2024-07-10$45,033,990.31$1,196,159.35$1.00
2024-07-11$45,210,946.57$1,400,499.35$1.00
2024-07-12$45,093,394.77$1,096,244.33$1.00
2024-07-13$44,638,300.69$908,064.18$1.00
2024-07-14$44,541,416.74$529,700.29$1.00
2024-07-15$44,662,209.94$718,736.03$1.00
2024-07-16$44,960,673.77$1,273,022.28$1.01
2024-07-17$44,544,937.97$1,409,798.40$1.00
2024-07-18$44,466,392.06$1,221,234.56$1.00
2024-07-19$44,722,765.75$918,837.48$1.00
2024-07-20$44,657,101.16$955,318.32$1.00
2024-07-21$44,728,713.44$426,742.45$1.00
2024-07-22$44,687,694.36$636,830.64$1.00
2024-07-23$44,711,689.82$777,733.16$1.00
2024-07-24$44,754,802.12$1,459,376.49$1.00
2024-07-25$44,770,261.74$1,121,797.05$1.00
2024-07-26$44,782,369.70$1,707,103.92$1.00
2024-07-27$44,755,816.92$885,202.13$1.00
2024-07-28$44,355,836.80$1,046,663.24$0.99
2024-07-29$44,812,197.76$631,877.45$1.00
2024-07-30$44,652,001.59$1,498,135.06$1.00
2024-07-31$44,768,587.35$973,573.77$1.00
2024-08-01$43,215,836.66$1,021,524.93$1.00
2024-08-02$43,293,183.52$2,340,620.70$1.00
2024-08-03$43,089,646.46$1,820,224.01$1.00
2024-08-04$43,173,157.05$1,655,738.35$1.00
2024-08-05$42,727,797.66$1,474,272.41$0.99
2024-08-06$42,703,061.87$5,982,446.37$0.99
2024-08-07$42,837,882.60$1,536,790.27$0.99
2024-08-08$45,766,479.47$3,731,665.98$1.00
2024-08-09$46,240,202.55$2,761,535.26$1.00
2024-08-10$45,878,927.36$1,200,502.99$1.00
2024-08-11$45,771,928.10$378,998.00$1.00
2024-08-12$45,800,960.80$953,500.62$1.00
2024-08-13$45,729,947.85$1,701,275.32$1.00
2024-08-14$47,933,454.01$3,488,589.13$1.00
2024-08-15$47,910,957.54$1,541,733.64$1.00
2024-08-16$47,909,003.09$1,295,500.58$1.00
2024-08-17$47,938,728.06$934,413.42$1.00
2024-08-18$47,983,005.47$1,026,927.42$1.00
2024-08-19$47,666,667.44$818,634.63$0.99
2024-08-20$48,070,593.89$2,213,053.68$1.00
2024-08-21$47,922,646.67$1,833,574.04$1.00
2024-08-22$47,950,149.95$1,936,738.57$1.00
2024-08-23$49,452,280.84$576,250.41$1.03
2024-08-24$47,700,689.47$1,252,742.68$1.00
2024-08-25$48,091,501.44$595,123.96$1.00
2024-08-26$47,749,383.36$607,499.13$0.99
2024-08-27$47,915,650.71$844,463.00$1.00
2024-08-28$48,020,168.61$1,681,887.95$1.00
2024-08-29$47,985,730.24$1,738,056.92$1.00
2024-08-30$48,036,344.49$743,979.57$1.00
2024-08-31$48,021,082.49$898,744.77$1.00
2024-09-01$47,961,518.21$236,332.14$1.00
2024-09-02$47,501,145.77$575,670.05$0.99
2024-09-03$47,911,654.04$492,007.39$1.00
2024-09-04$47,727,267.37$559,102.55$0.99
2024-09-05$47,909,319.82$280,498.90$1.00
2024-09-06$48,027,337.20$702,089.24$1.00
2024-09-07$48,119,876.71$701,865.86$1.00
2024-09-08$48,081,944.48$402,136.05$1.00
2024-09-09$48,043,715.99$190,041.97$1.00
2024-09-10$47,966,407.87$223,456.61$1.00
2024-09-11$47,969,011.95$253,626.61$1.00
2024-09-12$47,995,604.18$757,960.69$1.00
2024-09-13$48,031,781.44$356,217.48$1.00
2024-09-14$48,128,875.87$109,280.34$1.00
2024-09-15$47,982,202.49$153,907.82$1.00
2024-09-16$48,010,792.89$203,371.43$1.00
2024-09-17$47,954,085.89$2,693,760.61$1.00
2024-09-18$48,022,285.60$2,754,974.48$1.00
2024-09-19$48,027,999.06$124,910.60$1.00
2024-09-20$47,983,240.44$384,326.20$1.00
2024-09-21$48,006,956.72$119,190.61$1.00
2024-09-22$48,069,036.74$587,364.57$1.00
2024-09-23$48,024,322.17$655,781.08$1.00
2024-09-24$47,980,129.04$1,708,743.62$1.00
2024-09-25$48,134,040.13$497,458.40$1.00
2024-09-26$47,969,893.55$411,909.44$1.00
2024-09-27$48,041,119.72$1,606,816.12$1.00
2024-09-28$47,993,491.70$255,561.31$1.00
2024-09-29$48,091,551.98$157,750.83$1.00
2024-09-30$47,952,795.41$766,232.49$1.00
2024-10-01$47,990,809.17$115,300.91$1.00
2024-10-02$48,009,020.37$381,683.30$1.00
2024-10-03$48,035,490.78$1,691,960.83$1.00
2024-10-04$47,939,628.49$1,600,917.19$1.00
2024-10-05$47,921,272.83$1,207,935.60$1.00
2024-10-06$47,988,954.36$274,968.14$1.00
2024-10-07$48,220,695.08$512,500.19$1.00
2024-10-08$47,949,926.90$472,457.40$1.00
2024-10-09$48,025,063.85$165,413.40$1.00
2024-10-10$47,934,111.02$2,019,219.47$1.00
2024-10-11$47,977,855.30$561,336.39$1.00
2024-10-12$47,739,356.72$807,897.35$0.99
2024-10-13$47,948,883.09$557,374.88$1.00
2024-10-14$47,982,281.77$128,473.51$1.00
2024-10-15$48,007,927.81$2,041,784.05$1.00
2024-10-16$48,163,844.30$1,287,043.82$1.00
2024-10-17$47,893,207.53$1,059,842.78$1.00
2024-10-18$47,825,198.54$968,278.46$1.00
2024-10-19$48,029,498.99$1,069,792.30$1.00
2024-10-20$48,054,890.13$396,940.63$1.00
2024-10-21$47,971,507.19$896,409.95$1.00
2024-10-22$47,978,053.94$309,311.33$1.00
2024-10-23$47,966,159.52$63,585.06$1.00
2024-10-24$48,059,909.81$1,149,861.53$1.00
2024-10-25$48,038,296.98$982,200.50$1.00
2024-10-26$48,068,635.75$398,408.10$1.00
2024-10-27$47,993,245.64$379,377.25$1.00
2024-10-28$47,965,268.52$137,496.06$1.00
2024-10-29$47,967,651.42$63,020.85$1.00
2024-10-30$48,029,803.45$221,984.90$1.00
2024-10-31$47,818,126.50$516,230.22$1.00
2024-11-01$47,946,096.15$1,276,950.99$1.00
2024-11-02$47,981,429.23$1,574,838.81$1.00
2024-11-03$48,029,316.30$803,713.31$1.00
2024-11-04$48,083,023.81$135,324.52$1.00
2024-11-05$47,912,859.16$32,743.15$1.00
2024-11-06$47,798,624.57$937,458.66$1.00
2024-11-07$47,939,163.23$258,958.92$1.00
2024-11-08$48,011,984.62$420,169.84$1.00
2024-11-09$48,041,063.40$1,229,265.06$1.00
2024-11-10$47,951,894.87$902,948.41$1.00
2024-11-11$47,954,432.75$1,590,890.31$1.00
2024-11-12$48,054,769.92$2,785,374.11$1.00
2024-11-13$48,002,254.20$618,682.85$1.00
2024-11-14$47,987,246.91$345,911.63$1.00
2024-11-15$47,929,590.84$517,440.83$1.00
2024-11-16$47,942,882.19$2,165,712.85$1.00
2024-11-17$47,868,198.90$162,092.20$1.00
2024-11-18$48,166,340.48$1,695,101.50$1.00
2024-11-19$47,967,538.42$256,526.84$1.00
2024-11-20$47,947,040.86$262,777.07$1.00
2024-11-21$48,021,704.76$3,255,231.99$1.00
2024-11-22$47,959,081.30$50,997.29$1.00
2024-11-23$48,006,957.61$226,712.65$1.00
2024-11-24$47,859,594.10$1,181,501.19$1.00
2024-11-25$48,067,136.98$1,104,147.75$1.00
2024-11-26$47,720,798.51$186,944.38$1.00
2024-11-27$48,052,132.21$2,537,366.87$1.00
2024-11-28$47,904,478.35$1,774,186.84$1.00
2024-11-29$47,856,230.67$1,366,730.87$1.00
2024-11-30$47,986,863.79$1,196,560.10$1.00
2024-12-01$48,058,958.53$1,013,540.45$1.00
2024-12-02$47,839,358.18$887,728.64$1.00
2024-12-03$47,987,202.45$45,462.61$1.00
2024-12-04$47,998,513.96$1,409,367.91$1.00
2024-12-05$47,863,861.12$2,070,359.90$1.00
2024-12-06$48,203,505.26$357,739.26$1.01
2024-12-07$48,165,582.18$1,534,080.33$1.00
2024-12-08$47,962,342.62$624,861.61$1.00
2024-12-09$48,127,018.74$509,522.66$1.00
2024-12-10$47,985,594.53$1,639,407.99$1.00
2024-12-11$47,884,323.73$2,014,148.93$1.00
2024-12-12$47,963,456.20$240,077.05$1.00
2024-12-13$47,988,364.01$1,482,271.15$1.00
2024-12-14$47,997,696.33$972,574.98$1.00
2024-12-15$47,969,817.14$455,917.86$1.00
2024-12-16$48,062,693.49$217,749.23$1.00
2024-12-17$48,162,275.57$1,277,497.43$1.00
2024-12-18$47,923,149.12$1,069,556.59$1.00
2024-12-19$47,867,570.51$135,801.58$1.00
2024-12-20$48,027,336.46$1,534,759.63$1.00
2024-12-21$47,995,737.95$252,637.79$1.00
2024-12-22$47,996,183.33$362,148.01$1.00
2024-12-23$47,976,933.56$856,110.75$1.00
2024-12-24$47,979,935.95$258,673.46$1.00
2024-12-25$47,942,432.46$678,766.48$1.00
2024-12-26$48,059,905.37$806,649.97$1.00
2024-12-27$47,957,358.43$282,539.02$1.00
2024-12-28$48,010,591.34$785,031.55$1.00
2024-12-29$47,987,749.91$54,046.75$1.00
2024-12-30$48,005,018.64$861,992.86$1.00
2024-12-31$47,988,636.93$490,026.79$1.00
2025-01-01$47,968,798.56$68,155.31$1.00
2025-01-02$47,972,119.07$70,020.37$1.00
2025-01-03$47,921,745.87$631,166.01$1.00
2025-01-04$47,994,214.04$688,304.84$1.00
2025-01-05$48,023,225.11$718,178.20$1.00
2025-01-06$48,008,524.33$502,674.95$1.00
2025-01-07$47,987,409.06$1,093,952.83$1.00
2025-01-08$47,946,145.66$709,628.85$1.00
2025-01-09$47,986,439.47$631,741.83$1.00
2025-01-10$48,075,379.10$2,154,822.68$1.00
2025-01-11$47,960,505.76$1,288,418.64$1.00
2025-01-12$47,957,750.77$1,308,677.57$1.00
2025-01-13$47,992,050.39$837,708.25$1.00
2025-01-14$47,972,835.93$1,634,968.39$1.00
2025-01-15$47,982,049.82$1,461,538.50$1.00
2025-01-16$47,989,180.66$1,263,219.34$1.00
2025-01-17$48,010,931.21$815,409.38$1.00
2025-01-18$47,950,346.12$1,025,776.99$1.00
2025-01-19$47,999,627.64$1,264,903.66$1.00
2025-01-20$48,141,900.83$2,012,638.62$1.00
2025-01-21$47,502,776.05$453,768.86$1.00
2025-01-22$48,027,649.50$1,963,759.35$1.00
2025-01-23$47,954,347.10$765,328.15$1.00
2025-01-24$47,904,225.84$386,976.94$1.00
2025-01-25$47,979,723.31$1,615,311.85$1.00
2025-01-26$47,989,444.76$501,839.21$1.00
2025-01-27$47,943,022.20$290,714.80$1.00
2025-01-28$47,989,620.54$720,095.17$1.00
2025-01-29$48,014,404.73$20,150.55$1.00
2025-01-30$47,973,262.00$255,381.62$1.00
2025-01-31$47,910,722.84$745,166.84$1.00
2025-02-01$48,048,880.62$360,708.58$1.00
2025-02-02$48,037,005.75$367,200.79$1.00
2025-02-03$48,239,126.26$1,475,700.56$1.00
2025-02-04$47,981,940.59$3,535,138.97$1.00
2025-02-05$48,057,194.83$1,721,817.42$1.00
2025-02-06$47,984,371.77$1,394,834.93$1.00
2025-02-07$48,021,306.70$1,060,590.98$1.00
2025-02-08$47,995,860.68$1,638,348.86$1.00
2025-02-09$47,985,083.99$377,372.30$1.00
2025-02-10$48,080,102.56$698,793.99$1.00
2025-02-11$48,011,068.85$1,053,354.31$1.00
2025-02-12$47,948,012.58$715,126.70$1.00
2025-02-13$47,996,945.33$1,358,171.84$1.00
2025-02-14$48,026,033.51$949,035.50$1.00
2025-02-15$47,949,593.91$260,561.62$1.00
2025-02-16$47,966,917.50$387,025.93$1.00
2025-02-17$48,007,375.43$552,226.45$1.00
2025-02-18$48,000,708.07$1,530,517.00$1.00
2025-02-19$48,046,930.90$1,600,170.62$1.00
2025-02-20$47,941,818.97$1,063,830.41$1.00
2025-02-21$47,986,714.85$1,241,826.26$1.00
2025-02-22$48,029,748.22$1,735,901.33$1.00
2025-02-23$48,036,424.25$103,450.26$1.00
2025-02-24$48,001,279.47$284,245.10$1.00
2025-02-25$47,936,062.82$660,208.76$1.00
2025-02-26$48,008,287.35$1,169,786.93$1.00
2025-02-27$47,982,248.26$282,147.03$1.00
2025-02-28$47,988,798.08$1,209,690.08$1.00
2025-03-01$47,979,472.38$597,617.82$1.00
2025-03-02$47,964,137.02$490,879.93$1.00
2025-03-03$48,035,797.25$828,732.03$1.00
2025-03-04$47,991,898.90$880,751.32$1.00
2025-03-05$48,004,899.67$1,009,706.94$1.00
2025-03-06$47,990,420.44$521,261.91$1.00
2025-03-07$47,979,135.24$247,783.06$1.00
2025-03-08$47,995,632.93$1,527,807.76$1.00
2025-03-09$47,966,059.46$555,172.70$1.00
2025-03-10$47,974,531.29$409,105.06$1.00
2025-03-11$47,935,028.85$893,923.08$1.00
2025-03-12$47,911,754.31$570,251.43$1.00
2025-03-13$47,968,652.76$433,127.82$1.00
2025-03-14$47,996,726.27$439,837.82$1.00
2025-03-15$47,982,347.14$483,756.19$1.00
2025-03-16$47,982,710.86$450,577.68$1.00
2025-03-17$47,986,048.73$350,366.41$1.00
2025-03-18$48,024,775.20$570,630.96$1.00
2025-03-19$47,959,563.17$67,136.73$1.00
2025-03-20$47,976,022.81$258,029.77$1.00
2025-03-21$47,979,269.94$540,554.07$1.00
2025-03-22$47,979,609.11$456,888.29$1.00
2025-03-23$47,990,113.59$120,408.02$1.00
2025-03-24$48,024,799.50$101,872.39$1.00
2025-03-25$47,978,728.53$540,101.64$1.00
2025-03-26$47,995,206.13$156,006.72$1.00
2025-03-27$47,984,215.94$256,582.26$1.00
2025-03-28$47,984,839.50$242,683.76$1.00
2025-03-29$47,972,265.25$805,782.03$1.00
2025-03-30$48,010,156.30$703,502.12$1.00
2025-03-31$47,942,168.09$339,384.23$1.00
2025-04-01$47,993,358.89$2,143,133.94$1.00
2025-04-02$47,996,866.30$613,504.69$1.00
2025-04-03$47,953,296.75$211,306.04$1.00
2025-04-04$47,972,350.37$657,215.65$1.00
2025-04-05$47,998,503.45$1,081,836.65$1.00
2025-04-06$47,999,810.87$537,075.33$1.00
2025-04-07$48,118,439.74$845,050.27$1.00
2025-04-08$47,961,194.65$1,353,611.65$1.00
2025-04-09$47,981,836.63$899,334.03$1.00
2025-04-10$47,990,610.81$1,307,838.46$1.00
2025-04-11$48,021,361.31$755,961.79$1.00
2025-04-12$47,973,294.95$746,891.16$1.00
2025-04-13$47,971,905.41$812,685.84$1.00
2025-04-14$47,952,164.49$602,463.34$1.00
2025-04-15$48,069,209.12$647,928.26$1.00
2025-04-16$48,069,955.63$1,162,490.63$1.00
2025-04-17$48,007,667.74$147,490.89$1.00
2025-04-18$48,121,245.90$1,122,428.99$1.00
2025-04-19$47,989,123.47$636,281.43$1.00
2025-04-20$47,957,593.71$450,254.74$1.00
2025-04-21$48,002,408.43$30,989.08$1.00
2025-04-22$48,049,572.88$1,016,926.18$1.00
2025-04-23$48,011,857.31$186,948.60$1.00
2025-04-24$48,004,917.03$37,537.43$1.00
2025-04-25$48,190,430.00$2,425,762.81$1.00
2025-04-26$47,865,471.82$1,292,454.61$1.00
2025-04-27$48,051,412.22$1,087,617.11$1.00
2025-04-28$48,053,504.54$738,606.61$1.00
2025-04-29$47,995,167.09$2,175,180.83$1.00
2025-04-30$48,001,902.22$86,748.69$1.00
2025-05-01$47,995,478.04$61,877.42$1.00
2025-05-02$48,019,615.03$783,825.49$1.00
2025-05-03$47,996,138.18$748,732.94$1.00
2025-05-04$47,998,157.60$380,445.68$1.00
2025-05-05$48,003,804.04$635,018.11$1.00
2025-05-06$47,979,144.30$1,199,182.11$1.00
2025-05-07$48,139,620.59$777,971.34$1.00
2025-05-08$47,954,213.95$796,636.11$1.00
2025-05-09$47,998,053.28$1,949,073.93$1.00
2025-05-10$48,011,082.51$1,747,035.48$1.00
2025-05-11$48,000,521.68$138,933.34$1.00
2025-05-12$48,011,969.21$26,972.18$1.00
2025-05-13$47,994,952.25$1,846,616.45$1.00
2025-05-14$47,997,359.07$264,354.07$1.00
2025-05-15$47,967,114.56$1,921,041.94$1.00
2025-05-16$47,966,553.13$537,405.02$1.01
2025-05-17$47,961,547.60$582,481.51$1.00
2025-05-18$47,870,058.16$36,684.78$1.00
2025-05-19$47,947,926.87$14,150.78$1.00
2025-05-20$47,989,208.39$52,608.39$1.00
2025-05-21$47,845,269.62$32,550.42$1.00
2025-05-22$47,895,369.74$41,489.88$1.00
2025-05-23$47,906,542.41$179,179.41$1.00
2025-05-24$47,992,359.30$45,862.39$1.00
2025-05-25$47,964,761.43$15,534.55$1.00
2025-05-26$47,809,955.61$25,345.93$1.00
2025-05-27$47,964,792.42$5,931,540.91$1.00
2025-05-28$47,972,123.79$204,342.41$1.00
2025-05-29$48,100,467.44$387,129.18$1.00
2025-05-30$47,995,506.99$137,025.78$1.00
2025-05-31$47,988,028.58$145,450.24$1.00
2025-06-01$47,971,887.35$247,093.21$1.00
2025-06-02$47,937,257.85$82,771.36$1.00
2025-06-03$48,049,754.24$67,516.84$1.00
2025-06-04$47,949,490.25$607,782.86$1.00
2025-06-05$47,992,897.33$218,529.95$1.00
2025-06-06$48,044,592.55$170,964.17$1.00
2025-06-07$47,910,794.13$53,596.78$1.00
2025-06-08$47,883,109.95$36,184.40$1.00
2025-06-09$47,907,979.35$62,713.30$1.00
2025-06-10$47,977,521.54$195,926.65$1.00
2025-06-11$47,967,962.14$104,594.71$1.00
2025-06-12$47,974,469.13$27,041.00$1.00
2025-06-13$47,930,123.04$103,778.39$1.00
2025-06-14$47,925,786.41$210,966.92$1.00
2025-06-15$47,972,166.42$14,489.13$1.00
2025-06-16$47,805,602.14$25,671.67$1.00
2025-06-17$47,825,640.57$15,938.31$1.00
2025-06-18$47,808,700.38$26,620.79$1.00
2025-06-19$47,809,763.92$26,780.75$1.00
2025-06-20$47,863,118.70$42,828.64$1.00
2025-06-21$47,770,041.46$21,212.00$1.00
2025-06-22$47,810,471.65$25,707.84$1.00
2025-06-23$47,865,102.22$40,282.89$1.00
2025-06-24$47,823,383.51$28,007.01$1.00
2025-06-25$47,814,580.60$27,037.03$1.00
2025-06-26$47,790,427.88$33,630.91$1.00
2025-06-27$47,871,937.08$44,439.00$1.00
2025-06-28$47,982,670.49$40,830.16$1.00
2025-06-29$47,962,903.87$26,903.10$1.00
2025-06-29$47,869,379.84$45,528.71$1.00

Mountain Protocol USD Market Cap Chart

About Mountain Protocol USD

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.

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