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Price USDM to USD now is $0.508. Trading volume by 24-hours $173. USD Mars, which_ranked #10000 price is up 0.65% in the past 24-hours. USD Mars has circulating supply of $0 and have $0 capitalization.
The all-time high price of USDM is $19.18, the record was set on the 0.
USDM all-time low price is $0.217, the record was set on 0.
7 days ago the price was $1 , this changed the USDM price by 0.47749%
14 days ago the price was $1 , this changed the USDM price by 1.40002%
30 days ago the price was $1 , this changed the USDM price by -16.86227%
60 days ago the price was $1 , this changed the USDM price by 94.28429%
1 days ago the price was $1 , this changed the USDM price by 0%
The fundamental issue within most current stablecoin protocols is positive externality. The cost of producing and maintaining stablecoins are incurred by the protocol and its users (minters, share holders, bond holders). Whereas the majority of the value comes from the transaction of stablecoins within DeFi primitives and is captured by these DeFi primitives. Mars Ecosystem solves this problem by integrating the creation and the use of stablecoin into one stable yet decentralized ecosystem. The relationship between Mars Stablecoin and Mars DeFi platform creates a positive feedback loop and generates a flywheel effect.