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HostDeFi › USDM › Indian Rupee (INR)

USD Mapped Token to Indian Rupee

B

USDM·Ethereum

₹94.27per 1 USDM
USDM=₹94.27INR
Price (USD)
$0.9928
Price (INR)
₹94.27
USD → INR rate
94.96
Market cap (USD)
$6.50B
Market cap (INR)
₹617,118,959,425.92
Volume 24h (USD, DEX)
$7.97M
Volume 24h (INR)
₹757,111,866.83

USD Mapped Token to Indian Rupee conversion table

USDMINRINRUSDM
1 USDM₹94.27₹10.0106 USDM
5 USDM₹471.37₹10.000.106 USDM
10 USDM₹942.74₹100.001.061 USDM
25 USDM₹2,356.85₹1,00010.61 USDM
50 USDM₹4,713.69₹10,000106.1 USDM
100 USDM₹9,427.38
500 USDM₹47,136.91
1,000 USDM₹94,273.83

USD Mapped Token price in Indian Rupee — last 7 snapshots

DatePrice (INR)Price (USD)
2026-10-17₹94.27$0.9928
2026-10-16₹94.27$0.9928
2026-10-15₹95.06$1.00
2026-10-14₹94.83$0.9987
2026-10-13₹94.27$0.9928
2026-10-12₹94.27$0.9928
2026-10-11₹94.27$0.9928

Each row is a dated USD measurement re-priced at the 2026-10-16 ECB reference — the fiat column moves with the rate even when the token's own USD read has not changed.

What the data says about USD Mapped Token

USDM is Mountain Protocol's yield-bearing dollar — a regulated, rebasing stablecoin that pays T-bill yield to holders by growing their balance rather than requiring a stake contract. The deployment 0xbbaec992fc2d637151daf40451f160bf85f3c8c1 is the Ethereum mint; our October 6, 2026 snapshot reads $57 million of tracked pool liquidity.

The honest mechanics: rebasing means balance and "value" move together — a wallet holding USDM sees the unit count tick up daily as yield accrues, which is elegant until accounting or a DeFi pool assumes a static balance. Regulated in Bermuda, permissioned to hold — both the feature set and the limitation come from the same compliance posture.

Other USD Mapped Token conversions

How this conversion works

The token side is HostDeFi's own measured read — the newest of our intraday, daily-snapshot or corpus figures, taken 2026-10-17 03:15:24. The currency side is the ECB daily reference rate, 1 USD = 94.96 INR, dated 2026-10-16. Both inputs are dated because both drift; the figure above is the product of the two, not a venue quote.

FAQ

How much is 1 USDM in Indian Rupee?

1 USDM = ₹94.27 at a token price of $0.9928 USD (2026-10-17 03:15:24) and the ECB USD→INR rate of 94.96 (2026-10-16).

What is the USDM to INR exchange rate?

USDM trades at ₹94.27 per unit in Indian Rupee terms, from the same measured USD read. The conversion uses the ECB reference rate dated 2026-10-16, not a crypto exchange quote.

Where does the USDM price in INR come from?

The token side is HostDeFi's own measured on-chain read (2026-10-17 03:15:24), converted at the ECB daily USD→INR reference of 94.96. It is not a venue quote — the figure is the product of the two dated inputs.

How do I convert USDM to Indian Rupee?

The table above prices common USDM amounts in Indian Rupee; enter any amount in the converter for other quantities. To actually swap, use the non-custodial trade link — the conversion figure here is a reference rate, not a quote.

Independent on-chain data — prices, pool depth and safety grades are measured by HostDeFi; not affiliated with the venues listed.