RWA Market Cap$68.71B
Tokenized Treasuries$10.52B
Tokenized Gold$5.1B
24h On-Chain DEX Vol$3.48B
RWA Yield vs SOFR+1.85%
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USDM

USDM

Stablecoin 24/7/365

MegaUSD

OnEthereum
$0.8286
17.33% 24h
Rank #1005

USDm is a native stablecoin purpose-built to power real-time applications on MegaETH. USDm is issued through Ethena's stablecoin stack and designed to be deeply integrated across wallets, apps, and onchain services on MegaETH. MegaETH is the first real-time blockchain, secured by Ethereum and powered by a hyper-optimized execution environment with a heterogeneous architecture. It delivers streaming throughput with 10 millisecond latency and up to 100,000 TPS.

  • Macro context: USDM is part of the tokenized money market, which represents only ~0.282% of global M2 money supply today.

Data as of Sep 6, 2026

Price performance

7D

-17.45%

14D

-17.13%

30D

-17.22%

1Y

All-time

-16.30%

Market Cap

$14.01M

24h Volume

$306.39K

Best On-Chain APY

0.31%

On-Chain Holders

58

Summed across all deployed chains (per-chain wallets not de-duplicated)

Top 10 Holder %

0.00%

Underlying

Fiat / RWA-backed stablecoin

Permissionless

Key facts

via /coins/{id}

Market Cap Rank

#1005

Circulating Supply

16.9M

Total Supply

16.9M

All-Time High

$1.4 · 2026-08-24

Categories

StablecoinsEthereum EcosystemMegaETH Ecosystem

Alerts & digests

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Daily summary

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Analyze & download 24/7 history

Full round-the-clock historical data for USDM — including off-market-hours — exportable to CSV.

Analyse with insight & news

AI-assisted analysis of USDM paired with the latest issuer, regulatory and market news.

Side-by-side execution across centralized order books and on-chain pools. Slippage estimated for a $10,000 swap.

CEX Order Books

CoinGecko /coins/{id}/tickers

No centralized listings tracked for this asset.

DEX Pools

GeckoTerminal /onchain pools

No on-chain pools tracked for this asset.

Top 10 on-chain holders

0.00% of supply
#HolderNetworkShareValue
10x2d4d…7bb4Coinbase Prime CustodyEthereum Ethereum97.82%
20x5d78…9e05Ethereum Ethereum0.70%
30x2bb6…d576Ethereum Ethereum0.41%
40xb324…4827Ethereum Ethereum0.16%
50xf423…7ba4Ethereum Ethereum0.16%
60x3aa3…0b00DeployerEthereum Ethereum0.16%
70x7bb2…abd7Ethereum Ethereum0.12%
80x86e2…8e8eEthereum Ethereum0.12%
90x338a…a56cEthereum Ethereum0.07%
100x99fa…9203Ethereum Ethereum0.06%

Top holders across Ethereum · share = USD value ÷ market cap · source: GeckoTerminal. Concentration is informational, not a risk rating.