
Market Cap
$237.37M
24h Volume
$2.23M
Circulating
237.09M USDM
All-Time High
$1.02
Market Cap
$237.37M
Volume (24h)
$2.23M
Circulating Supply
237.09M USDM
Max Supply
N/A
1 USDM = $1.00
| All-Time High | $1.02 (February 9, 2026) |
| All-Time Low | $0.977115 (February 5, 2026) |
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. Developers scale apps with real-time state streaming, and users get instant transactions all while preserving full Ethereum composability.
Ethena is the protocol behind USDe, the third-largest and fastest-growing USD-denominated crypto asset in history. Ethena has over $13 billion in TVL today across one of the largest sets of users from a DeFi protocol, alongside integrations with some of the largest centralized exchanges and major DeFi applications.
At the time of writing, MegaUSD (USDM) trades at $1.00, with a 24-hour trading volume of $2.23M and a total market capitalization of $237.37M. The asset is currently ranked #174 among all tracked cryptocurrencies by market cap.
Over the last 24 hours, the USDM price has rose +0.04%. On the seven-day chart, MegaUSD has climbed +0.09%, showing consistent upward momentum across both timeframes. Short-term price swings are often amplified by liquidity conditions, news flow, and derivatives positioning, so traders should confirm signals across multiple indicators before acting.
MegaUSD's all-time high of $1.02 was set on February 9, 2026. The current market price is +1.59% below that historical peak. Distance from the all-time high is a common reference point when evaluating long-term recoveries and identifying macro support or resistance levels.
Buying MegaUSD (USDM) is straightforward once you know which exchange to use and which trading pair offers the best liquidity. The steps below describe the typical flow used by most investors today.
▼ +1.59% from ATH
| 0XB8CE59FC3717ADA4C02EADF9682A9E934F625EBB/0XFAFDDBB3FC7688494971A79CC65DCA3EF82079E7 |
| $0.999328 |
| Kumbaya | 0X28B7E77F82B25B95953825F1E3EA0E36C1C29861/0XFAFDDBB3FC7688494971A79CC65DCA3EF82079E7 | $0.079328 | Trade → |
| Kumbaya | 0X28B7E77F82B25B95953825F1E3EA0E36C1C29861/0XFAFDDBB3FC7688494971A79CC65DCA3EF82079E7 | $0.079225 | Trade → |
You can also use the built-in MegaUSD converter above to estimate exactly how much USDM you would receive for a given amount in USD before placing an order.
Whether MegaUSD is a good investment depends on your goals, time horizon, and tolerance for volatility. Like all cryptocurrencies, USDM carries significant market risk — prices can rise or fall sharply in a single day, and past performance is not a reliable indicator of future returns.
This page provides data and analysis for educational purposes only. It is not financial advice. Always do your own research, diversify, and never invest more than you can afford to lose.