M0 (POWER)
Total Value Locked$883m
TVL by Chain
Ethereum$883m
Key Metrics
Fees (Annualized)$30.58m
Fees 30d$2.51m
Fees 7d$595,648
Fees 24h$85,483
Cumulative Fees$39.34m
Revenue (Annualized)$27,352
Revenue 30d$2,242
Revenue 7d$469
Revenue 24h$45
Cumulative Revenue$21.47m
Holders Revenue (Annualized)$27,352
Holders Revenue 30d$2,242
Holders Revenue 7d$469
Holders Revenue 24h$45
Cumulative Holders Revenue$23.39m
Total Raised$97.5m
Apr 5, 2023$22.5mRound: SeedInvestors: Pantera Capital, Salt Fund, Mouro Capital, Road Capital, AirTree Ventures, Standard Crypto, ParaFi Capital, Distributed Capital Partners, Kraynos Capital, Earlybird Venture CapitalSource: https://twitter.com/m0labs/status/1643608136803135500
Jun 5, 2024$35mRound: Series AInvestors: Bain Capital Crypto, Wintermute Ventures, Galaxy, GSR, Caladan, SCB 10XSource: https://x.com/m0foundation/status/1798346970840596666
Aug 28, 2025$40mRound: Series BInvestors: Polychain Capital, Ribbit Capital, EndeavorSource: https://x.com/m0/status/1961046263803089055
Protocol Information
M^0 is decentralized money middleware that allows institutions to issue cryptodollars
Category:Stablecoin Issuer
Audits:
Methodology
TVL: TVL corresponds to the value minted by an institution by depositing short-term T-billsView code on GitHubFees: Total minter fees,penalty fees paid by borrowers, auction proceeds and failed proposals feeView code on GitHubRevenue: Total fees earned by distribution vault(Excess yields, auction proceeds and failed proposals feeView code on GitHubHolders Revenue: All the revenue goes to ZERO governanace token holdersView code on GitHubIncome Statement for M0
| Q4 2025* | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | |
|---|---|---|---|---|---|---|
| Fees | $6.2m | $24.24m | $7.46m | $495,193 | $927,007 | $0 |
| Revenue | $7,119 | $20.91m | $0 | $84,572 | $471,166 | $0 |
| Earnings | $7,119 | $20.91m | $0 | $84,572 | $471,166 | $0 |
| Token Holder Net Income | $7,120 | $18.56m | $4.5m | $52,944 | $270,042 | $0 |