Convert Midas M1 USD Market Neutral MM1-USD to Mountain Protocol USDM
MM1-USD to USDM: 1 Midas M1 USD Market Neutral converts to 1.03 USDM
About MM1-USD and USDM
Midas M1 USD Market Neutral is falling, while Mountain Protocol is climbing this week. The current MM1-USD to USDM conversion rate is 1.03. Inversely, this means that if you convert 1 USDM you will get 0.9741 MM1-USD. The conversion rate of MM1-USD/USDM has decreased by 0.03% in the last hour (USDM/MM1-USD increased by 0.03%). In the last 24 hours, MM1-USD/USDM shrunk by 0.15%, while USDM/MM1-USD grew by the same amount.
The exchange rate of Midas M1 USD Market Neutral is decreasing. The current value of 1 MM1-USD is 1.03 USDM. In other words, to buy 5 Midas M1 USD Market Neutral, it would cost you 5.13 USDM. Inversely, 1 USDM would allow you to trade for 0.9741 MM1-USD while 50 USDM would convert to 48.70 MM1-USD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.19%. Meanwhile, in the last 24 hours, the rate has changed by 0.16%, and that the highest exchange rate of 1 MM1-USD to USDM was 1.03 USDM and the lowest 24 hour value was 1 MM1-USD for 1.02 USDM. Last month, 1 MM1-USD was worth 1.02 USDM. Today, it's up 0.76%. Looking back a year, Midas M1 USD Market Neutral has changed by 1.02 USDM. That means that in a single year, the value of Midas M1 USD Market Neutral has grown by 0.75%.
Midas M1 USD Market Neutral Market Stats
mM1-USD is a market-neutral DeFi yield strategy designed to generate USD-denominated returns using structured yield approaches deployed across multiple blockchain ecosystems. The strategy is monitored by M1 Capital, acting as the appointed Risk Manager, with responsibility for risk oversight, venue diversification, and ongoing rebalancing based on predefined limits. The product aims to provide transparent exposure to DeFi yield sources with regular monitoring and reporting.
Mountain Protocol Market Stats
The USDM token is a rebasing ERC20 token, redeemable at a pegged 1:1 USD value by primary users. USDM is a fully backed stablecoin, backed by "USDM Reserves", which are held under custody with regulated financial institutions in bankruptcy-remote accounts, segregated from the Company's operating accounts, on behalf of, and for the benefit of, Users. USDM rebases daily, allowing users to receive rewards. These rewards are generated by the interest paid by the US Treasuries held in the USDM Reserves.
Conversion tables
MM1-USD to USDM values from Today at 5:14 am
0.5 MM1-USD = 0.5133 USDM |
1 MM1-USD = 1.03 USDM |
5 MM1-USD = 5.13 USDM |
10 MM1-USD = 10.27 USDM |
50 MM1-USD = 51.33 USDM |
100 MM1-USD = 102.66 USDM |
500 MM1-USD = 513.31 USDM |
1,000 MM1-USD = 1,026.62 USDM |
USDM to MM1-USD values from Today at 5:15 am
0.5 USDM = 0.487 MM1-USD |
1 USDM = 0.9741 MM1-USD |
5 USDM = 4.87 MM1-USD |
10 USDM = 9.74 MM1-USD |
50 USDM = 48.70 MM1-USD |
100 USDM = 97.41 MM1-USD |
500 USDM = 487.03 MM1-USD |
1,000 USDM = 974.07 MM1-USD |
MM1-USD to USDM over time
MM1-USD | Today | 24H -0.16% | 1M 0.76% | 1Y 0.75% |
|---|---|---|---|---|
0.5 MM1-USD | 0.5133 USDM | 0.5141 USDM | 0.5094 USDM | 0.5094 USDM |
1 MM1-USD | 1.03 USDM | 1.03 USDM | 1.02 USDM | 1.02 USDM |
5 MM1-USD | 5.13 USDM | 5.14 USDM | 5.09 USDM | 5.09 USDM |
10 MM1-USD | 10.27 USDM | 10.28 USDM | 10.19 USDM | 10.19 USDM |
50 MM1-USD | 51.33 USDM | 51.41 USDM | 50.94 USDM | 50.94 USDM |
100 MM1-USD | 102.66 USDM | 102.82 USDM | 101.88 USDM | 101.89 USDM |
500 MM1-USD | 513.31 USDM | 514.12 USDM | 509.40 USDM | 509.45 USDM |
1,000 MM1-USD | 1,026.62 USDM | 1,028.24 USDM | 1,018.80 USDM | 1,018.90 USDM |
Frequently asked questions
Right now, 1 Midas M1 USD Market Neutral is worth about $1.03.
Based on the current rate, you could get 0.971 MM1-USD for 1 USD.
You can use our MM1-USD to USD calculator at the top of this page to convert any amount of MM1-USD to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 4.86 MM1-USD. Inversely, 5 MM1-USD will cost about $5.15
Midas M1 USD Market Neutral can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Midas M1 USD Market Neutral.
There are a number of crypto assets that have the a similar or comparable market cap to Midas M1 USD Market Neutral, including Essentia, Cardstack, and Autonio. For a more robust list of assets to explore, jump to the asset page dedicated to Midas M1 USD Market Neutral.
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