7D price · CoinGecko market data.
| Exchange | Pair | 24h Volume | Spread | Trust | |
|---|---|---|---|---|---|
| Aerodrome Slipstream 3 | 0X8E4C…4848B/MUSD | $15.61K | 0.63% |
| TRADE |
| Aerodrome Slipstream 3 | MUSD/0X8335…02913 | $14.75K | 0.60% | TRADE |
| Tigris V3 | MUSD/0X7B7C…00000 | $9.03K | 0.60% | — |
| Uniswap V4 (Ethereum) | MUSD/0XA0B8…6EB48 | $3.43K | 0.61% | TRADE |
| Tigris V3 | 0X7B7C…00001/MUSD | $1.38K | 0.63% | — |
| Tigris V3 | 0X0467…0C197/MUSD | $1.00K | 0.60% | — |
| Tigris | MUSD/0X7B7C…00000 | $426.23 | 0.60% | — |
| Tigris | 0X0467…0C197/MUSD | $51.16 | 0.64% | — |
Top 8 exchanges by 24h trading volume. Block Insider earns affiliate commission from some exchanges listed here. Placement does not affect editorial.
MUSD is Mezo's Bitcoin-backed stablecoin, minted when users deposit BTC as collateral and borrow against it at low, fixed rates. The system uses a collateralized debt position (CDP) model, where each MUSD is fully backed by Bitcoin and can be redeemed for BTC, helping MUSD maintain its 1:1 peg to USD.
Borrowers can access high loan-to-value ratios (up to ~90%) while the system maintains over-collateralization (system >110%, typical user >150%). Positions below minimum collateral ratio are automatically liquidated to keep all MUSD fully backed.
No comments yet
Be the first to share your take when accounts launch.
