What is mStable USD (MUSD)?
mUSD is a meta-stablecoin with a native yield
Where can you buy mStable USD?
mStable USD (MUSD) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for MUSD sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting MUSD, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of mStable USD (MUSD)?
The reported 24-hour trading volume of mStable USD is $17.27. Volume is a live reading of how much MUSD changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
What is the highest and lowest price for mStable USD (MUSD)?
mStable USD reached an all-time high of $5.51 on January 20, 2026, and an all-time low of $0.2522 on June 24, 2026. It is currently trading -81.72% from its peak and +299.20% from its bottom.
The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where MUSD sits in its long-run price range.
What is the market cap of mStable USD (MUSD)?
mStable USD's market capitalization is currently $2.89M, and it is ranked #2010 by market cap on ReadPrices. Market cap is calculated as the current price multiplied by the circulating supply (2.88 million MUSD are actively circulating today).
Market cap is a common but imperfect measure. It reflects the theoretical value of every circulating token at the current market price, but it doesn't capture how thin the top of the order book might be - an important caveat for tokens with low floats or illiquid cap tables.
