Musd
Live Mezo USD market cap, peg deviation, mechanism, and per-chain supply distribution on Sharpe Terminal.
| # | Chain | Supply | Share | Trend | Distribution | ||
|---|---|---|---|---|---|---|---|
| 1 | Mezo | $30.46M | 98.66% | +$2.91M | 47.8% | x | |
| 2 | Ethereum | $644.48K | 2.09% | −$577.44K | 0.00% | x |
MUSD uses a CDP (collateralized debt position) model. Every outstanding MUSD is redeemable for Bitcoin. $1 in BTC collateral can be used to mint 1 MUSD.