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About EDGEX and USDM
edgeX is climbing, while Mountain Protocol is falling this week. The current EDGEX to USDM conversion rate is 0.4627. Inversely, this means that if you convert 1 USDM you will get 2.16 EDGEX. The conversion rate of EDGEX/USDM has increased by 0.02% in the last hour (USDM/EDGEX decreased by 0.02%). In the last 24 hours, EDGEX/USDM grew by 0.85%, while USDM/EDGEX shrunk by the same amount.
The exchange rate of edgeX is increasing. The current value of 1 EDGEX is 0.4627 USDM. In other words, to buy 5 edgeX, it would cost you 2.3136 USDM. Inversely, 1 USDM would allow you to trade for 2.16 EDGEX while 50 USDM would convert to 108.06 EDGEX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 17.33%. Meanwhile, in the last 24 hours, the rate has changed by 0.94%, and that the highest exchange rate of 1 EDGEX to USDM was 0.4653 USDM and the lowest 24 hour value was 1 EDGEX for 0.4423 USDM. Last month, 1 EDGEX was worth 0.609 USDM. Today, it's down 31.61%. Looking back a year, edgeX has changed by 0.00 USDM. That means that in a single year, the value of edgeX has grown by 100%.
edgeX Market Stats
EdgeX is a decentralized perpetual futures exchange that combines the speed and performance of centralized exchanges with the transparency and self-custody of DeFi. The platform features an off-chain order matching engine with on-chain settlement, enabling high-speed, low-latency trading across a wide range of crypto assets. Due to a ticker collision, Coinbase will use the ticker "EDGEX" for this asset instead of its on-chain or MiCA whitepaper designation "EDGE". This adjustment ensures compatibility with existing assets on our platform and avoids potential conflicts. The change does not affect the underlying asset's functionality or value.
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
EDGEX to USDM values from Today at 8:22 pm
0.5 EDGEX = 0.2314 USDM |
1 EDGEX = 0.4627 USDM |
5 EDGEX = 2.31 USDM |
10 EDGEX = 4.63 USDM |
50 EDGEX = 23.14 USDM |
100 EDGEX = 46.27 USDM |
500 EDGEX = 231.36 USDM |
1,000 EDGEX = 462.72 USDM |
USDM to EDGEX values from Today at 8:24 pm
0.5 USDM = 1.08 EDGEX |
1 USDM = 2.16 EDGEX |
5 USDM = 10.81 EDGEX |
10 USDM = 21.61 EDGEX |
50 USDM = 108.06 EDGEX |
100 USDM = 216.11 EDGEX |
500 USDM = 1,080.57 EDGEX |
1,000 USDM = 2,161.15 EDGEX |
EDGEX to USDM over time
EDGEX | Today | 24H 0.94% | 1M -31.61% | 1Y 100.00% |
|---|---|---|---|---|
0.5 EDGEX | 0.2314 USDM | 0.2292 USDM | 0.3045 USDM | 0.00 USDM |
1 EDGEX | 0.4627 USDM | 0.4584 USDM | 0.609 USDM | 0.00 USDM |
5 EDGEX | 2.31 USDM | 2.29 USDM | 3.04 USDM | 0.00 USDM |
10 EDGEX | 4.63 USDM | 4.58 USDM | 6.09 USDM | 0.00 USDM |
50 EDGEX | 23.14 USDM | 22.92 USDM | 30.45 USDM | 0.00 USDM |
100 EDGEX | 46.27 USDM | 45.84 USDM | 60.90 USDM | 0.00 USDM |
500 EDGEX | 231.36 USDM | 229.19 USDM | 304.48 USDM | 0.00 USDM |
1,000 EDGEX | 462.72 USDM | 458.37 USDM | 608.96 USDM | 0.00 USDM |
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This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.