USDM (USDM)
Peg
On-chain reference price measured against $1.00 — own methodology, no issuer data. As of 13:24 UTC. Method
Supply & valuation
This asset's circulating supply (and any valuation computed from it) is carried from a named source rather than our own chain read: Powered by CoinStats.
Questions
USDM — frequently asked questions
What is USDM's supply?
USDM has a circulating supply of 9.6M USDM and a total supply of 9.6M USDM. This asset's supply can't be read from the chain in a single call, so the circulating figure is data powered by CoinStats rather than our own chain read — labelled as such on this page.
How is the USDM price here computed?
The USDM price on this page is TheDistributed's own reference price: we take DEX pool prices from DexScreener and weight them by pool liquidity, rather than using an exchange feed. The full method and labels are documented on our methodology page.
Does USDM have a market cap?
No market cap is shown for USDM. It is a stablecoin, and stablecoin supply figures are issuer claims rather than on-chain facts we can verify, so this page reports no market cap at all.
Is USDM its own blockchain?
No — USDM (USDM) is a stablecoin issued on a host blockchain rather than a native coin. We track it by its verified canonical contract, and its on-chain figures are read from that contract.
Answers are generated from the live figures on this page — our own reference price — and update as the data does.