Mezo USD MUSD
MUSD/USD price action, 90 candles at 15m. Data refreshes on every page load.
What is Mezo USD (MUSD)?
Mezo USD (MUSD) is a token trading on Ethereum at $0.9911. Its main pool holds $646.3K of liquidity on Curve, paired against crv2pool. Over the last 24 hours MUSD has fallen -0.21% on $110.8K of trading volume across 29 transactions.
The pair was created 1.2 years ago (Jul 25, 2025). Price, liquidity and volume on this page are read directly from on-chain pool data.
The story behind MUSD
MUSD is Mezo's Bitcoin-backed stablecoin, minted when users deposit BTC as collateral and borrow against it at low, fixed rates. The system uses a collateralized debt position (CDP) model, where each MUSD is fully backed by Bitcoin and can be redeemed for BTC, helping MUSD maintain its 1:1 peg to USD. Borrowers can access high loan-to-value ratios (up to ~90%) while the system maintains over-collateralization (system >110%, typical user >150%). Positions below minimum collateral ratio are automatically liquidated to keep all MUSD fully backed.
Official channels, straight from the project:
MUSD price performance
| Period | Change |
|---|---|
| 24 hours | -0.21% |
| 7 days | +0.35% |
| 30 days | +5.86% |
| From ATH ($1.08) | -8.28% |
| From ATL ($0.8116) | +22.1% |
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 94/100. Every threshold and penalty behind that figure is published in full on our methodology page.
MUSD contract checks, reported by GoPlus Security
These checks come from GoPlus Security, an independent contract scanner. We publish their reading, we do not produce it.
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 low relative to the $646.3K sitting in the pool, so the price can stay flat for long stretches and then jump when a single sizeable order arrives. 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 A 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 | $198 |
| 2,000 MUSD | $2.0K |
| 20,000 MUSD | $19.8K |
| USD | MUSD |
|---|---|
| $10 | 10.09 MUSD |
| $100 | 100.9 MUSD |
| $1,000 | 1,009 MUSD |
| $10,000 | 10,090 MUSD |
| $100,000 | 100,896 MUSD |
MUSD markets and top pools
| Pool | DEX | Liquidity | 24h volume |
|---|---|---|---|
| MUSD / crv2pool | Curve | $650.8K | $110.8K |
| MUSD / USDC 0.01% | Uniswap V4 Ethereum | $122.1K | $71.5K |
| OUSD / MUSD | Curve | $2.2K | $498 |
| tBTC / MUSD 0.05% | Uniswap V4 Ethereum | $7.1K | $2 |
| MUSD / ETH 0.05% | Uniswap V4 Ethereum | $1.3K | $0 |
| USDT / MUSD 0.001% | Uniswap V4 Ethereum | $177 | $0 |
| USDC / MUSD 0.001% | Uniswap V4 Ethereum | $141 | $0 |
| USDC / MUSD 0.01% | Uniswap V3 | $194 | $0 |
Liquidity spread across several pools generally means a healthier market: a single pool is easier to drain or manipulate than four.
How to buy Mezo 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:
0xdd468a1ddc392dcdbef6db6e34e89aa338f9f186You can open that address on Etherscan and confirm supply, holders and transfers yourself instead of taking our word for it. - Set slippage sensibly. With $646.3K 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) | $0.9911 | -0.21% | $646.3K | A 94 |
| 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 |
| DMT price | $2.12 | -6.54% | $298.7K | B 82 |
Is Mezo 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 $0.9911, fallen -0.21% over 24 hours. Across the candles this page tracks, the price moved between its low and its high by 32.17%, which is a wider swing than a currency tracker normally shows.
What that means in practice: a peg is only as good as the pool behind it. This pair holds $646.3K of liquidity and traded $110.8K 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 $646.3K. 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 18 buys against 11 sells in 24 hours. A rough balance between the two suggests the market functions in both directions.
- Check the age. This pool was created 1.2 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?
Mezo USD (MUSD) trades at $0.9911, fallen -0.21% 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 94 out of 100 on our on-chain health index, computed from liquidity, volume quality, buy/sell balance and pair age. No mechanical red flags were detected, which is not a guarantee of safety.
How much liquidity does MUSD have?
The tracked pool holds $646.3K of liquidity. Liquidity determines how much you can trade before moving the price and how easily you can exit.
Where can I buy Mezo USD (MUSD)?
MUSD trades on Ethereum, mainly through Curve, across 11 tracked pools. Always paste the contract address instead of searching by ticker.
What is the 24 hour trading volume of MUSD?
MUSD has traded $110.8K in the last 24 hours across 29 transactions, split 18 buys and 11 sells.
When was MUSD launched?
The tracked MUSD pool was created 1.2 years ago, on Jul 25, 2025.
What is the all-time high of MUSD?
The highest daily price on record is $1.08, reached on Apr 14, 2026. MUSD currently trades -8.28% from that level.
What is the all-time low of MUSD?
The lowest daily price on record is $0.8116, on Jul 1, 2026, putting the current price +22.1% above it.
What is the contract address of MUSD?
The MUSD contract address on Ethereum is 0xdd468a1ddc392dcdbef6db6e34e89aa338f9f186. 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 (11 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, DMT.