Mezo USD (MUSD)$0.99
0.01% (24H)
Low $0.99
High $0.99
- Market Cap $27.73 M
- Volume $69,545
- Available Supply 27.93 M MUSD
- ATH $1.10
- ATH(% Change) -10.01%
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| Date | Price | Volume | MarketCap |
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Mezo USD current price is $0.99 with a marketcap of $27.73 M. Its price is 0.01% up in last 24 hours.
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.
