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M. Cap: $2.32 T -0.20%24h Vol: $162.60 B 21.58%BTC: $68,672.08 -0.19%ETH: $2,436.77 -1.36%S&P 500: $5,709.87 -0.27%Gold: $2,737.96 -0.10%BTC Dominance: 58.76%
  • #1901

Prisma mkUSD MKUSD

MKUSD Price

$0.9766-1.92%
Price Range--
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Market Cap 

$3.65 MRank #1901

FDV 

$3.65 MRank #1992

Investors

X Followers

X Performance

893NormalRank by X #1542
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Data from TweetScout 

Detailed Performance

SentimentNeutral

MKUSD shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods

Trading Pair1h24h7d1m3m1y
MKUSD/USD
-1.67%-1.89%-2.55%-1.92%-0.05%-2.12%
MKUSD/BTC
-1.54%-1.74%0.93%-11.15%-25.48%-49.93%
MKUSD/ETH
-1.56%-0.56%5.39%-2.41%-7.64%-24.13%
MKUSD/DeFi
-1.35%-0.71%10.55%5.31%-22.15%-9.06%
MKUSD/Stablecoin
-1.72%-2.05%-2.85%-2.08%-3.91%-27.37%

MKUSD to USD Converter

MKUSD

Price History

All-Time High
$1.34
1.38x to ATH
All-Time Low
$0.7946
1.23x to ATL
Trade Launch Date
2 Sep, 2023
429 days ago

Activities1

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Exchanges

Exchanges type

Uniswap V2 (Ethereum)
MKUSD/PRISMA
$1.03$752.40100.000%Recently

About MKUSD

Prisma mkUSD is a stablecoin that is minted on the Prisma decentralized borrowing protocol. It is fully collateralized by liquid staking tokens. This means that users can lock their staking tokens as collateral and borrow mkUSD against them. The stability of mkUSD is further ensured by a Stability Pool containing mkUSD and the collective guarantee of fellow borrowers. Overall, mkUSD provides users with a stable and decentralized borrowing and lending experience within the Prisma ecosystem.

What makes Prisma mkUSD unique?

Prisma mkUSD is unique compared to other cryptocurrencies because it is fully collateralized by liquid staking tokens. This means that the stablecoin is backed by a pool of assets, providing stability and reducing the risk of price volatility. Additionally, Prisma mkUSD loans are secured by a Stability Pool containing mkUSD and by fellow borrowers acting as guarantors of last resort. This unique combination of collateralization and borrower guarantees sets Prisma mkUSD apart from other cryptocurrencies.

Live Prisma mkUSD Price Data

The current price of Prisma mkUSD (MKUSD) is approximately $0.9766, reflecting a decrease of -1.92% in the last 24 hours. The MKUSD trading volume in the last 24 hours stands at $29,111.76. Prisma mkUSD's market cap is currently $3.65 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of MKUSD is 3.74 million.

For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Prisma mkUSD's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on MKUSD, check out our crypto insights page.

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