Mountain Protocol (USDM)

Total Value Locked1,408 ETH

TVL by Chain

Ethereum917.54 ETH

Polygon242.58 ETH

Arbitrum135.9 ETH

ZKsync Era45.46 ETH

Base37.27 ETH

OP Mainnet29.27 ETH

Key Metrics

Total Raised$8m

Sep 11, 2023Round: SeedInvestors: Castle Island Ventures, Coinbase Ventures, New Form Capital, Daedalus AngelsSource: https://twitter.com/MountainUSDM/status/1701208170931081576

Jun 6, 2024$8mRound: Series AInvestors: Multicoin Capital, Castle Island Ventures, Coinbase Ventures, Bankless Ventures, Department of XYZ, Wormhole Crosschain Ecosystem FundSource: https://x.com/TheBlock__/status/1798731384556499222

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: