Inactive
musd MonoSwap USD
$ 0.05642
15.75%
0.0106697 BTC
17.04%
0.006697 satoshies
Market Cap
-
24 Hour Trading Vol
3.6998 $
Circulating Supply
-
Total Supply
237,329
Max Supply
-
Fully Diluted Valuation
1.52 $
Coin Information
This coin is no longer being updated and is inactive. Its information may be updated in the future, but it is not currently active.
Last updated 05 February, 2025
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MonoSwap USD Price Statistics
0.05642 $
0.05553 $ / 0.05823 $
3.6998 $
#24997
1.37 $
-99.99%
05 August, 2024, (a year ago)
0.063198 $
1,908.12%
04 January, 2025, (10 months ago)
About Coin
MUSD is a way of giving back the native yield and the gas revenue share from Blast, along with other sources of income, to MonoSwap's users and supporters.
The collateral comes from:
- Users deposit USDB at the market rate in order to mint new MUSD.
- Part of the fees from transactions on MonoSwap will be converted to USDB and deposited into the collateral to back MUSD. This deposit does not put new MUSD in circulation.
- All of Blast's native yield from ETH, USDB, and gas revenue share will be gathered in the Mono Treasury, then converted into USDB and deposited into the collateral to back MUSD, which does not put new MUSD in circulation either.
MUSD Features:
- MUSD is not pegged but backed by the yield-generating USDB - Blast's auto-rebasing stablecoin
- With a unique mechanism, MUSD's price does not go down, and can't be lower than USDB
- MUSD holds value down to the last holder even when everyone sells out
- The value of MUSD can increase faster after a massive dump
- Anyone can redeem MUSD for USDB at any time
- Value growth is attentively controlled
- There’s no maximum supply
What is the highest value MonoSwap USD (MUSD) has ever reached?
MonoSwap USD (MUSD) reached its peak price at 1.37 $ on 05 August 2024, approximately a year ago ago. Presently, the current price is -99.99% lower than this all-time high.
What is the historical minimum price for MonoSwap USD (MUSD)?
The minimum price reached for MonoSwap USD (MUSD) was 0.063198 $, documented on 04 January 2025, more than 10 months ago. In comparison, the current price is 1,907.1%, it above this historical low.
What is the fully diluted valuation of MonoSwap USD (MUSD)?
The fully diluted valuation (FDV) of MonoSwap USD (MUSD) stands at $ 1.52. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of MUSD tokens. The realization of this FDV might take several years depending on the emission schedule of MUSD tokens.
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