MUSD is Mezo's Bitcoin-backed stablecoin, minted when users deposit BTC as collateral and borrow against it at low, fixed rates. The system uses a collateralized debt position (CDP) model, where each MUSD is fully backed by Bitcoin and can be redeemed for BTC, helping MUSD maintain its 1:1 peg to USD.
Borrowers can access high loan-to-value ratios (up to ~90%) while the system maintains over-collateralization (system >110%, typical user >150%). Positions below minimum collateral ratio are automatically liquidated to keep all MUSD fully backed.
About MUSD
MUSD is Mezo's Bitcoin-backed stablecoin, minted when users deposit BTC as collateral and borrow against it at low, fixed rates. The system uses a collateralized debt position (CDP) model, where each MUSD is fully backed by Bitcoin and can be redeemed for BTC, helping MUSD maintain its 1:1 peg to USD.
Borrowers can access high loan-to-value ratios (up to ~90%) while the system maintains over-collateralization (system >110%, typical user >150%). Positions below minimum collateral ratio are automatically liquidated to keep all MUSD fully backed.
Frequently Asked Questions (FAQ)
MUSD is Mezo's Bitcoin-backed stablecoin, minted when users deposit BTC as collateral and borrow against it at low, fixed rates. The system uses a collateralized debt position (CDP) model, where each MUSD is fully backed by Bitcoin and can be redeemed for BTC, helping MUSD maintain its 1:1 peg to USD.
Borrowers can access high loan-to-value ratios (up to ~90%) while the system maintains over-collateralization (system >110%, typical user >150%). Positions below minimum collateral ratio are automatically liquidated to keep all MUSD fully backed.
Mezo USD (MUSD) is currently trading at $0.9908, up 0.00% over the last 24 hours, with a 24-hour trading volume of $12.3K.
The highest USD price recorded for Mezo USD (MUSD) is $2.236, reached on Apr 13, 2026.
The MUSD price shown on this page is the most recent USD price OpenSea has recorded for Mezo USD, updated as new market data is processed. Fully diluted valuation (FDV) is that price multiplied by the total supply of 1.1M MUSD, so it reflects every token that exists rather than only the tokens in circulation.
Mezo USD (MUSD) has a market capitalization of $1.1M. The fully diluted valuation (FDV) is $1.1M, based on the total supply of tokens.
The 24-hour trading volume of Mezo USD (MUSD) is $12.3K, reflecting active market participation and liquidity.
The total supply of Mezo USD is 1.1M MUSD on the Base network.
Mezo USD (MUSD) is available on the Base blockchain. You can trade MUSD on OpenSea by connecting a wallet that supports the Base network.
Mezo USD (MUSD) is currently held by 2.21K wallet addresses, indicating the breadth of community participation and distribution.
You can buy Mezo USD (MUSD) directly on OpenSea. Simply connect your crypto wallet, search for MUSD, and swap any supported token to acquire MUSD instantly. OpenSea supports trading across multiple blockchains with no account registration required.