USDm is a native stablecoin purpose-built to power real-time applications on MegaETH. USDm is issued through Ethena's stablecoin stack and designed to be deeply integrated across wallets, apps, and onchain services on MegaETH.
MegaETH is the first real-time blockchain, secured by Ethereum and powered by a hyper-optimized execution environment with a heterogeneous architecture. It delivers streaming throughput with 10 millisecond latency and up to 100,000 TPS. Developers scale apps with real-time state streaming, and users get instant transactions all while preserving full Ethereum composability.
Ethena is the protocol behind USDe, the third-largest and fastest-growing USD-denominated crypto asset in history. Ethena has over $13 billion in TVL today across one of the largest sets of users from a DeFi protocol, alongside integrations with some of the largest centralized exchanges and major DeFi applications.
MegaUSD turned over $248,279 across the venues Coinmico indexes in the last 24 hours, which is 1.43% of its market capitalisation — a figure worth watching, because turnover well above its usual level tends to accompany the sharper moves.
The highest price our index has recorded is $1.09 on Apr 25, 2025, leaving USDM −9.11% from that peak.
The lowest is $0.8989 on Sep 4, 2026, putting the price today +10.68% above that low.
Measured on Coinmico's own index since Jan 11, 2025, not on prices reported by someone else.
MegaUSD is valued at $17,315,242, which ranks it #1004 among the assets we track. It is the price of one coin multiplied by the 17,403,212 USDM in circulation.
At today's price, the full supply of 17,403,212 USDM would be worth $17,315,221. 100.00% of that supply is already circulating, so the rest is what dilution would still add.
The price of MegaUSD (USDM) is $0.9949 today with a 24-hour trading volume of $248,279. This represents a 0.84% price decrease in the last 24 hours and a 0.14% price increase in the past 7 days. With a circulating supply of 17.4 Million USDM, MegaUSD is valued at a market cap of $17,315,242.
Technical analysis
1h
0.3%
24h
0.8%
7d
0.1%
14d
—
30d
9.6%
1y
9.8%
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usdm$0.9949-0.84%
USD$0.9949
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