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.
Figures are HostDeFi's read dated October 6, 2026; the live scan refreshes them.
Balance concentration: the 10 largest token accounts hold 99.98% of USDM's supply as of 2026-09-27 — a heavily concentrated distribution — a handful of accounts can move or exit this market at will. Note these are token accounts: liquidity pools, exchange wallets and lockers count among them, so read this together with liquidity, not instead of it.
Price and safety history of USDM
Every dated snapshot we hold for USDM — price, market structure and grade, as measured, with nothing interpolated between them.
Date
Price
Market cap
Liquidity
Holders
Grade
2026-10-16
$0.9928
—
$53.01M
175
B
2026-10-15
$1.00
—
$53.01M
175
B
2026-10-14
$0.9987
—
$53.09M
175
B
2026-10-13
$0.9928
—
$59.33M
175
B
2026-10-12
$0.9928
—
$59.33M
175
B
2026-10-11
$0.9928
—
$59.33M
175
B
2026-10-10
$1.00
—
$59.65M
175
B
2026-10-09
$0.998
—
$59.66M
175
B
2026-10-08
$0.9998
—
$60.90M
175
B
2026-10-07
$1.00
—
$58.03M
175
B
2026-10-06
$0.9896
—
$58.14M
175
B
2026-10-05
$1.00
—
$58.68M
175
B
2026-10-04
$0.9991
—
$57.35M
175
B
2026-10-03
$1.01
—
$57.35M
175
B
2026-10-02
$0.9991
—
$57.35M
175
B
2026-10-01
$1.01
—
$57.34M
175
B
2026-09-30
$1.01
—
$57.34M
175
B
2026-09-29
$1.01
—
$57.34M
175
B
2026-09-26
$0.9968
$6.50B
$57.34M
175
B
2026-09-21
$0.9968
—
$20.11M
—
B
2026-08-24
$0.9968
—
$20.11M
—
B
Contract
0xbbaec992fc2d637151daf40451f160bf85f3c8c1
Verify USDM by this address, never by name or ticker.
Put the USDM grade on your site
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FAQ
Is USDM a safe token?
As of the 2026-10-09 snapshot, USDM scores 80/100 (grade B) on HostDeFi's on-chain read — based on a contract that has unconfirmed mint controls, has unconfirmed freeze and blacklist controls, liquidity of $57.34M and 175 holders, with the creator wallet holding <0.01% of supply. That grades contract and market structure, not price direction — a clean read is not a guarantee, so re-scan before trading, since on-chain state can change.
Can you sell USDM, or is it a honeypot?
Our Ethereum read covers market structure, not sell-side contract behaviour like honeypots or transfer taxes, as of 2026-10-09. Before assuming you can exit freely, run the live scan above — it reads the contract directly.
Who holds most of USDM?
The wallet that created USDM holds <0.01% of the supply as of 2026-10-09 — a small stake, under the 5% the scanners flag. That sits alongside a holder base of 175; a broad base lowers the odds that any one seller can steer the price, but the creator's share is the number to watch first.
Can USDM's supply be inflated?
This snapshot grades market structure only — contract-level supply controls on Ethereum aren't assessed here yet. Run the live scanner, which reads the contract in real time.
What is the USDM contract address?
The USDM contract address on Ethereum is 0xbbaec992fc2d637151daf40451f160bf85f3c8c1. Always verify a token by its contract address, not its name or ticker — scam clones copy tickers, but the address is unique.
Where can you buy USDM safely?
Run the live on-chain scan at the top of this page first; if USDM clears, you can swap it here directly. Whatever venue you use, match the contract address (0xbbaec992fc2d637151daf40451f160bf85f3c8c1) exactly before trading — copying the ticker is how clone scams catch buyers, and the address is the one field they can't fake.
HostDeFi is an educational risk tool, not financial advice. Figures are a dated on-chain snapshot and can change; a clean read is not a guarantee. Always do your own research. Free · no signup · a HostDeFi product
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