USDM (USDM)
Peg
On-chain reference price measured against $1.00 — own methodology, no issuer data. As of 13:54 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, computed from on-chain venue data rather than exchange feeds. The full method, tolerances 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.