Zum Hauptinhalt springen
Mantapex
M by M0
MpeggedUSD
fiat-backed
Asset-Seite anzeigen
DeFiLlama peggedUSD Stabil·-·196,3 Mio. $ mcap·7 chains

Stablecoin-Profil

M by M0 (M) ist ein fiat-gedeckter Stablecoin, gebunden an USD, mit 196,3 Mio. $ im zirkulierenden Angebot über 7 Blockchain-Netzwerke. Jeder M ist durch Reserven des Emittenten gedeckt, mit Parität attestiert über coingecko. Die Bindung wurde in den meisten Handelsphasen innerhalb von ±1% gehalten, wobei Reservezusammensetzung und Attestierungsfrequenz die wesentlichen Inputs für sein Kreditrisikoprofil sind.

Gebunden an
USD
Stabilisierungsmodell
Fiat-gedeckt
Preisquelle
coingecko

Über M by M0 (M)

M^0 democratizes access to money issuance infrastructure. Based on a decentralized architecture and best-in-class collateral design, M^0 allows institutions to issue fungible cryptodollars

Wie Minting & Rücknahme funktionieren

In order to generate M, Minters must have a sufficient off-chain balance of Eligible Collateral which is represented on-chain by a frequently updated and validated number, known as the on-chain Collateral Value

Jüngste Angebotsaktivität

M by M0 (M) supply expanded by 1,5 Mio. $ (+0.78%) in the last 24 hours, expanded by 3,8 Mio. $ (+2.00%) over the past week, and contracted by 352,6 Mio. $ (-64.24%) over the past 30 days.

24h-Änderung
+1,5 Mio. $
+0.78%
7d-Änderung
+3,8 Mio. $
+2.00%
30d-Änderung
-352,6 Mio. $
-64.24%

Supply contraction: net redemptions have driven circulating supply down 64.24% in the past month, signaling capital rotation or deleveraging.

Supply-Verlauf

Network distribution

M by M0 circulates across 7 blockchain networks. Ethereum hosts the largest share at 78.88%, followed by Noble at 12.52%. Ethereum has shown the strongest 30-day growth at +6.64%, suggesting fresh issuance or bridge inflows on that chain.

KetteAngebotAnteil24h Δ30d Δ
Ethereum154,9 Mio. $78.88%+0.99%+6.64%
Noble24,6 Mio. $12.52%+0.01%-6.10%
Solana15,5 Mio. $7.88%0.00%0.00%
Hyperliquid L11,3 Mio. $0.64%+0.01%-14.46%
Arbitrum164.837,5 $0.08%+0.14%-99.95%
OP Mainnet12,5 $0.00%0.00%+0.10%
Plume Mainnet0,1 $0.00%0.00%-99.99%

Verlauf der Peg-Stabilität

M by M0 (M) is designed to trade at exactly 1.00 USD, with its peg defended through direct redeemability against off-chain reserves. Spot price currently sits at $1.0000, a +0.000% deviation from the target — well inside the stability band typical for reserve-backed dollar tokens.

Aktueller Preis
$1.0000
Abweichung vom Peg
+0.000%
Stabilitätsband
Eng (±0,1 %)

Wie reserve-backed-Stablecoins ihren Peg verteidigen

Fiat-backed stablecoins maintain their peg through arbitrage: any time the secondary-market price drifts above $1.00, authorised participants mint new tokens by depositing dollars and sell them into the market; any time it drifts below, they buy on the open market and redeem 1:1 for dollars. The peg therefore depends entirely on (a) the reserves actually existing, (b) the issuer honouring redemption requests promptly, and (c) the issuer remaining solvent and unfrozen.

Praktische Auswirkungen für Inhaber

  • Counterparty risk is concentrated in the issuer and its banking partners — a banking failure (as in the March 2023 USDC / SVB episode) can cause short-term depegs even when the underlying reserves are sound.
  • Reserve attestations are not full audits. Always read the firm name, scope, and date of the latest attestation report before treating the peg as risk-free.
  • Redemption rights typically apply only to verified institutional partners, not to retail holders. Retail exposure is exited via secondary markets, where liquidity matters most during stress periods.
  • Regulatory action against the issuer (NYDFS orders, OFAC freezes, court-ordered blacklists) can immediately impair specific addresses or even the entire token.
  • Mantapex tracks peg deviation in real time from DeFiLlama price feeds, but for high-value holdings cross-check directly on at least one independent venue (CoinGecko, the issuer's own dashboard, or an on-chain DEX).

Peg-stability commentary is based on the mechanism class (reserve-backed) and is provided for educational purposes only — it is not financial advice. Past peg stability is not a guarantee of future performance, and even the highest-quality stablecoins have historically traded outside their target band during banking, regulatory, or liquidity stress.

Vertragsadressen

M by M0 (M) is deployed as a token contract on 1 blockchain network below. Always verify the contract address you're interacting with on the relevant block explorer before sending funds — phishing tokens reusing well-known stablecoin tickers are common, especially on newer chains.

KetteVertragsadresseVerifizieren
Ethereum0x866A2BF4E572CbcF37D5071A7a58503Bfb36be1bExplorer

Vertragsadressen stammen aus dem Stablecoin-Profil von DeFiLlama. Einige Ketten (Tron, Solana, Aptos, Sui) verwenden Nicht-EVM-Adressformate. Der „Explorer"-Link öffnet den offiziellen Blockexplorer für die jeweilige Kette; wir verlinken nicht auf Drittanbieter-Explorer, die geänderte Daten anzeigen könnten.

M by M0 mit anderen fiat-backed-Stablecoins vergleichen

Below are the largest fiat-backed stablecoins tracked on Mantapex alongside M by M0 (M). Comparing supply and chain footprint within the same mechanism class is more meaningful than cross-class comparison, because the underlying peg-defence assumptions are different.

StablecoinAngebotMechanismusKetten
Tether (USDT)184,1 Mrd. $fiat-backed107
USD Coin (USDC)79,6 Mrd. $fiat-backed125
World Liberty Financial USD (USD1)4,5 Mrd. $fiat-backed8
PayPal USD (PYUSD)4,1 Mrd. $fiat-backed7
BlackRock USD (BUIDL)2,5 Mrd. $fiat-backed8

Über Mechanismusklassen hinweg

If you're researching M as part of a broader stablecoin allocation, it's worth comparing it across mechanism classes — each design has different counterparty, custody, and tail-risk profiles.

Peg-Stabilität

Chain-Verteilung

Ressourcen & Datenquellen

M by M0 (M) is tracked across major crypto data providers. The links below open M by M0 (M)'s pages on CoinGecko, CoinMarketCap and DeFiLlama, so you can cross-check supply, market cap, exchange listings and historical price data directly at the source.

Price feed sourced from coingecko. Supply, peg and chain-distribution data are aggregated from DeFiLlama's stablecoins dataset, which combines on-chain balances across supported networks. Numbers on this page typically refresh every 10 minutes.

Aktuelle M by M0-Nachrichten

Latest reporting from major crypto news outlets covering M by M0.

Verwandte Stablecoins

Stablecoins comparable to M by M0 by collateral mechanism, peg currency, or circulating supply — handy for spotting alternatives if a peg breaks or a regulator forces a delist.

Risikohinweis

Stablecoins tragen Risiken, einschließlich De-Pegging, regulatorischer Änderungen und Gegenparteirisiken. Diversifiziere immer und führe eigene Recherchen durch.