Mountain Protocol (USDM)

Total Value Locked$6.14m

TVL by Chain

Ethereum$3.67m

Polygon$869,281

Arbitrum$546,935

Base$441,386

OP Mainnet$340,157

ZKsync Era$275,700

Key Metrics

Total Raised$8m

Sep 11, 2023$0Round: SeedInvestors: Castle Island Ventures, Coinbase Ventures, New Form Capital, Daedalus Angels

Jun 6, 2024$8mRound: Series AInvestors: Multicoin Capital, Castle Island Ventures, Coinbase Ventures, Bankless Ventures, Department of XYZ, Wormhole Crosschain Ecosystem Fund

Protocol Information

Mountain Protocol presents USDM—a cutting-edge, yield-bearing, rebasing stable coin. Rooted in the stability of Treasury Bills and enhanced by the promise of returns, USDM is more than just a crypto token—it's a gateway to trusted and compliant decentralized finance. With its fully regulated, permissionless design, engage with a crypto experience that combines the best of tradition, innovation, and security.

Category:RWA

Sub Category: Treasury Bills

Audits:

Development Activity

Updated at Oct 3, 2024

Weekly commits2

Monthly commits2

Weekly developers1

Monthly developers1

Last commit03/10/24 (9 months ago)