M by M0

M by M0（M）是一种锚定 USD 的法币支持型稳定币，流通供应量为 US$2亿，覆盖 7 条区块链网络。每一枚 M 由发行方持有的储备支持，平价 通过 coingecko。当前 US$2亿 的市值反映了实际流通的发行总量。

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

M by M0 (M) supply expanded by US$152.5万 (+0.78%) in the last 24 hours, expanded by US$384.1万 (+2.00%) over the past week, and contracted by US$3.5亿 (-64.24%) over the past 30 days.

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

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.

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.

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.

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.

合约地址来自 DeFiLlama 的稳定币资料。某些链（Tron、Solana、Aptos、Sui）使用非 EVM 地址格式。"区块浏览器"链接将打开相应链的官方区块浏览器；我们不会链接到可能显示已篡改数据的第三方浏览器。

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.

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.