Mountain Protocol USD USDM stablecoin vaults
About USDM vaults
Mountain Protocol USD USDM is used in 6 stablecoin vaults with $3.6M TVL across 1 protocol. The largest vaults are Staked USDM, Wrapped Mountain Protocol USD, gTrade (Gains Network USDM) and the most popular vault protocol is Gains Network. The last 30 days' average yield is -72.2%.
5 vaults are excluded from this ranking due to minimum TVL requirements or risk issues.
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.
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| 3M price | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Staked USDM Unknown vault protocol | 7.5%* | 9.5%* | 1.4%* | 25.9 | 0.4% | 0.0% | USDM | $2.21M $2.34M | 0.2 | --- | Unknown | Unknown |  | ||
Staked USDM Unknown vault protocol | 0.0%* | 0.2%* | 0.0%* | 3.0 | 0.1% | 0.0% | USDM | $10.15K $10.15K | 0.2 | --- | Unknown | Unknown |  | ||
Wrapped Mountain Protocol USD Unknown vault protocol | 0.0%* | 0.0%* | 5.3%* | 0.0 | 0.0% | 0.0% | USDM | $11.26K $1.25M | 2.3 | --- | Unknown | Unknown |  | ||
Wrapped Mountain Protocol USD Unknown vault protocol | 0.0%* | 0.0%* | 0.0%* | 0.0 | 0.0% | 0.0% | USDM | $105.10K $105.10K | 2.5 | --- | Unknown | Unknown |  | ||
Wrapped Mountain Protocol USD Unknown vault protocol | 0.0%* | 0.0%* | 8.2%* | 0.0 | 0.0% | 0.0% | USDM | $1.19M $136.21M | 2.8 | --- | Unknown | Unknown |  | ||
gTrade (Gains Network USDM) Gains Network | -72.2%* | -31.7%* | -7.3%* | -1.4 | 25.6% | -16.7% | USDm | $81.47K $643.35K | 0.5 | 0.0%/ 0.0% | Unknown | Unknown |  |
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