Top Mountain Protocol USD USDM vaults Beta
About Mountain Protocol USD
USDM is a yield-bearing stablecoin by Mountain Protocol, backed by US Treasury Bills. It rebases daily to distribute T-bill yield to holders. Mountain Protocol announced an orderly wind-down, with primary market redemptions closing on 22 August 2025; USDM may still trade on secondary markets after that date.
Current TVL and profit in USDM vaults
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