About USD Mars USDM

The fundamental issue within most current stablecoin protocols is positive externality. The cost of producing and maintaining stablecoins are incurred by the protocol and its users (minters, share holders, bond holders). Whereas the majority of the value comes from the transaction of stablecoins within DeFi primitives and is captured by these DeFi primitives. Mars Ecosystem solves this problem by integrating the creation and the use of stablecoin into one stable yet decentralized ecosystem. The relationship between Mars Stablecoin and Mars DeFi platform creates a positive feedback loop and generates a flywheel effect.

USD Mars (USDM) Price Data

USD Mars (USDM) price has decreased today.

USD Mars price today is $0.9808 with a 24-hours trading volume up by -- %. USDM price is down in the last 24 hours. It has a circulating supply is 3.60M USDM coins and a total supply of 3.60M.

What is the highest price for USD Mars?

The all-time high price of USD Mars is $1.0625 on Mar 13, 2024.

What is the lowest price for USD Mars?

The all-time low price of USD Mars is $0.7925 on Dec 14, 2023.