mStable USD mUSD
mUSD/USD price action, 0 candles at 15m. Data refreshes on every page load.
What is mStable USD (mUSD)?
mStable USD (mUSD) is a token trading on Ethereum at $0.9944. Its main pool holds $658.6K of liquidity on Curve, paired against 3Crv. Over the last 24 hours mUSD has fallen -0.89% on $7.35M of trading volume across 99 transactions.
The pair was created 4.2 years ago (Jul 13, 2022). Liquidity is thin, so price can move violently on small trades and exiting a position may be difficult.
mUSD history: the key events, on-chain
mUSD tokenomics and supply
Both addresses link straight to Etherscan. Every figure in this table is read from the chain and you can verify it there.
Supply data for mUSD is not fully reported on-chain, so treat valuation figures with caution.
mUSD on-chain data, signal by signal
We are not auditors and we do not certify any token as safe. What follows are measurable facts read from the chain, each one stated so you can check it yourself. The index simply summarises them into a number: mUSD sits at 57/100. Every threshold and penalty behind that figure is published in full on our methodology page.
- The pool reports $7.35M of volume across 99 trades, which averages $74.2K per trade against $658.6K of liquidity. A swap that size is 11% of the whole pool and could not clear at the prices recorded, so we do not treat the volume figure as usable
What moves the mUSD price?
mUSD is a Ethereum token, so its price is set entirely by what happens in its liquidity pools rather than by any order book. Volume is currently running at 11.2 times pool liquidity, meaning the pool turns over many times a day. That produces sharp moves in both directions and makes the price highly sensitive to a handful of large trades. The main drivers are the depth of that pool, how concentrated the holder base is, general Ethereum market conditions, and social attention. For a token with a D grade, position size discipline matters more than any price prediction.
mUSD to USD converter and price calculator
| mUSD | USD |
|---|---|
| 2 mUSD | $2 |
| 20 mUSD | $20 |
| 200 mUSD | $199 |
| 2,000 mUSD | $2.0K |
| 20,000 mUSD | $19.9K |
| USD | mUSD |
|---|---|
| $10 | 10.06 mUSD |
| $100 | 100.56 mUSD |
| $1,000 | 1,006 mUSD |
| $10,000 | 10,056 mUSD |
| $100,000 | 100,562 mUSD |
mUSD markets and top pools
Only one active pool is currently tracked for mUSD.
Liquidity spread across several pools generally means a healthier market: a single pool is easier to drain or manipulate than four.
How to buy mStable USD (mUSD)
- Get a Ethereum wallet. Install MetaMask or Rabby and fund it with ETH.
- Open a DEX. mUSD trades mainly on Curve. Paste the contract address rather than searching the ticker: names can be copied by scam tokens.
- Verify the contract. Check it against the address on this page:
0xe2f2a5c287993345a840db3b0845fbc70f5935a5You can open that address on Etherscan and confirm supply, holders and transfers yourself instead of taking our word for it. - Set slippage sensibly. With $658.6K of liquidity, moderate orders should fill without extreme slippage, but size still matters.
- Confirm and review. After the swap, verify the tokens landed and that you can sell a small amount back. If a sell fails, treat it as a honeypot.
mUSD versus other Ethereum pairs
| Token | Price | 24h | Liquidity | Score |
|---|---|---|---|---|
| mUSD (this page) | $0.9944 | -0.89% | $658.6K | D 57 |
| SKL price | $0.004479 | 0.00% | $618.0K | C 72 |
| ICP price | $2.86 | +9.37% | $544.0K | B 82 |
| aptUSD price | $0.9998 | -0.06% | $505.6K | C 70 |
| API3 price | $0.2521 | -0.07% | $422.3K | B 82 |
| OPTM price | $0.002004 | 0.00% | $999.3K | C 70 |
Is mStable USD (mUSD) holding its peg?
mUSD is designed to track a currency rather than to appreciate, so the useful question is not where the price is going but how tightly it is holding. Right now it trades at $0.9944, fallen -0.89% over 24 hours.
What that means in practice: a peg is only as good as the pool behind it. This pair holds $658.6K of liquidity and traded $7.35M in the last 24 hours. Liquidity is what absorbs a large redemption without the price slipping, so a thin pool can show a clean price right up until somebody actually tries to exit through it. The numbers on this page are read from that pool, not from an issuer's dashboard.
A stable price is not a guarantee of backing. What the chain can show you is depth and turnover; what it cannot show you is the reserve behind the token. For that, check the issuer's own attestations.
How to trade mUSD safely
- Size against liquidity, not conviction. The pool holds $658.6K. A trade worth more than roughly 1% of that will move the price against you.
- Test the exit first. Buy a small amount, then immediately sell part of it. Tokens that block sells are the single most common trap.
- Watch the buy/sell balance. Currently 48 buys against 51 sells in 24 hours. A rough balance between the two suggests the market functions in both directions.
- Check the age. This pool was created 4.2 years ago. Most rug pulls happen within the first hours of a pool going live.
- Never invest more than you can lose. Low-cap tokens can go to zero, and frequently do.
mUSD FAQ
What is the price of mUSD today?
mStable USD (mUSD) trades at $0.9944, fallen -0.89% over the last 24 hours.
What do the on-chain numbers say about mUSD?
We are not auditors and do not certify tokens. Measured from the chain, mUSD sits at 57 out of 100 on our on-chain health index, computed from liquidity, volume quality, buy/sell balance and pair age. Flagged risks: The pool reports $7.35M of volume across 99 trades, which averages $74.2K per trade against $658.6K of liquidity. A swap that size is 11% of the whole pool and could not clear at the prices recorded, so we do not treat the volume figure as usable.
How much liquidity does mUSD have?
The tracked pool holds $658.6K of liquidity. Liquidity determines how much you can trade before moving the price and how easily you can exit.
Where can I buy mStable USD (mUSD)?
mUSD trades on Ethereum, mainly through Curve. Always paste the contract address instead of searching by ticker.
What is the 24 hour trading volume of mUSD?
mUSD has traded $7.35M in the last 24 hours across 99 transactions, split 48 buys and 51 sells.
When was mUSD launched?
The tracked mUSD pool was created 4.2 years ago, on Jul 13, 2022.
What is the contract address of mUSD?
The mUSD contract address on Ethereum is 0xe2f2a5c287993345a840db3b0845fbc70f5935a5. Check it against the address published by the project itself before buying: tickers and names are copied freely, the address is the only thing that identifies a token. This page links it straight to the block explorer so you can verify supply, holders and transfers yourself.
Could mUSD be a honeypot?
Sells are going through (51 in the last 24 hours), which means the token is not blocking exits at this time. Always test a small sell first.
Keep exploring Ethereum
Traders looking at mUSD also open SKL, ICP, aptUSD, API3, OPTM.