M By M0
Live M by M0 nominal supply at peg, marked value, peg behavior, mechanism, and per-chain supply distribution on Sharpe Terminal.
Nominal supply translated to USD at the reference peg, by UTC day.
| 30d trend | |||||
|---|---|---|---|---|---|
| Ethereum | $175.06M | 83.34% | +$8.66M | 0.4% | |
| Monad | $17.56M | 8.36% | +$3.95M | 1.8% | |
| Solana | $15.47M | 7.37% | $0.00 | 0.3% | |
| Noble | $1.43M | 0.68% | −$171.45K | — | |
| Hyperliquid L1 | $357.69K | 0.17% | −$29.02K | 0.0% | |
| Arbitrum | $166.37K | 0.08% | +$224.00 | 0.0% |
0 inferable · 5 mint- or burn-dominated
| Ethereum | — | +$952.97K | Mint-dominated |
| Monad | — | +$836.29K | Mint-dominated |
| Noble | — | −$8.05K | Burn-dominated |
| Hyperliquid L1 | — | +$48.84 | Mint-dominated |
| Arbitrum | — | +$11.21 | Mint-dominated |
In order to generate M, Minters must have a sufficient off-chain balance of Eligible Collateral which is represented on-chain by a frequently updated and validated number, known as the on-chain Collateral Value