Prisma mkUSD

mkUSD

mkUSD is a decentralized stablecoin that is fully backed by liquid staking assets.

Risk Rating
Average
$1.00
0.22%
What is Prisma mkUSD?

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Information
Blockchain
  • Ethereum
Key Metrics
  • Market Cap: $3.3M
  • Fully Diluted Valluation: $3.3M
  • FDV / MC: 1
  • Ranking inside Exponential (among stables): #43
  • Circulating Supply: 3,303,745
  • Total Supply: 3,303,745
  • Volume (24H): $282.5K
  • ATH: $1.06 (11/16/2024)
  • ATL: $0.94 (06/05/2024)
Risk Assessment
Average
Asset Strength

mkUSD is a low-cap, fully collateralized asset. This asset is exposed to the underlying risks of Prisma, a protocol rated as Watch out.

mkUSD is a stablecoin that trades within 50bps of its peg to USD, which makes it a less volatile store of value.

Dependencies
Asset Tokenomics

mkUSD has an uncapped supply but has inflation control or burn mechanisms in place.

Things to know about mkUSD

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mkUSD Pools
Convex USD Market Making
0.2%
Yield
$426K
TVL
Risk
C
Protocol
Convex
Chain
Ethereum
Curve USD Market Making
0.4%
Yield
$408K
TVL
Risk
C
Protocol
Curve
Chain
Ethereum

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