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.
Item
Detail
Category
Stablecoins, USD Stablecoin, Ethereum Ecosystem, Base Ecosystem
Daily closes, 2025-10-17 to 2026-10-16: low $0.9648, high $1.03.
Date (UTC)
Close
Change
Volume
2026-10-16 (live)
$0.9903
-0.02%
$98,303.00
2026-10-15
$0.9905
+0.01%
$74,559.08
2026-10-14
$0.9903
+0.09%
$26,425.30
2026-10-13
$0.9894
-0.01%
$134,697
2026-10-12
$0.9895
+0.10%
$254,417
2026-10-11
$0.9885
-0.06%
$100,643
2026-10-10
$0.9891
+0.06%
$212,658
2026-10-09
$0.9885
-0.04%
$289,059
2026-10-08
$0.9889
-0.08%
$297,123
2026-10-07
$0.9897
-0.12%
$114,347
2026-10-06
$0.9909
+0.06%
$31,504.69
2026-10-05
$0.9903
-0.01%
$65,689.25
2026-10-04
$0.9904
-0.05%
$34,257.69
2026-10-03
$0.9909
+0.08%
$148,563
2026-10-02
$0.9901
-0.03%
$110,457
2026-10-01
$0.9904
+0.01%
$187,292
2026-09-30
$0.9904
+0.02%
$244,578
2026-09-29
$0.9902
+0.01%
$140,184
2026-09-28
$0.9900
+0.04%
$75,117.23
2026-09-27
$0.9896
+0.00%
$52,703.03
2026-09-26
$0.9896
-0.03%
$162,371
2026-09-25
$0.9899
-0.02%
$155,766
2026-09-24
$0.9901
+0.02%
$48,710.63
2026-09-23
$0.9899
-0.02%
$28,261.27
2026-09-22
$0.9901
-0.08%
$187,047
2026-09-21
$0.9910
+0.07%
$110,753
2026-09-20
$0.9903
-0.02%
$51,033.03
2026-09-19
$0.9905
+0.20%
$365,038
2026-09-18
$0.9886
-0.12%
$251,830
2026-09-17
$0.9897
-0.02%
$113,588
Daily analysis log
A dated, factual note for every day: the move vs the prior day, vs the 7, 30 and 200-day averages, volume vs average and distance from the all-time high. Newest first.
Oct 16, 2026
Mezo USD (MUSD) holds 0.97% from its $1 peg
Price $0.9903, -0.02% vs the prior day's $0.9905.
Versus 7-day average $0.9897 (+0.06%); 30-day average $0.9899 (+0.04%); 200-day average $0.9966 (-0.63%).
24h volume $98,303.00, 0.68x its 30-day average.
14.6% below the all-time high of $1.16 (2026-04-14).
Peg check: -0.97% from $1.00.
Oct 15, 2026
Mezo USD (MUSD) holds 0.95% from its $1 peg
Price $0.9905, +0.01% vs the prior day's $0.9903.
Versus 7-day average $0.9894 (+0.11%); 30-day average $0.9899 (+0.06%); 200-day average $0.9966 (-0.62%).
24h volume $74,559.08, 0.50x its 30-day average.
14.6% below the all-time high of $1.16 (2026-04-14).
Peg check: -0.95% from $1.00.
Oct 14, 2026
Mezo USD (MUSD) holds 0.97% from its $1 peg
Price $0.9903, +0.09% vs the prior day's $0.9894.
Versus 7-day average $0.9892 (+0.12%); 30-day average $0.9899 (+0.04%); 200-day average $0.9966 (-0.63%).
24h volume $26,425.30, 0.18x its 30-day average.
14.6% below the all-time high of $1.16 (2026-04-14).
Peg check: -0.97% from $1.00.
Oct 13, 2026
Mezo USD (MUSD) trades 1.06% below its $1 peg
Price $0.9894, -0.01% vs the prior day's $0.9895.
Versus 7-day average $0.9891 (+0.03%); 30-day average $0.9899 (-0.05%); 200-day average $0.9967 (-0.73%).
24h volume $134,697, 0.91x its 30-day average.
14.7% below the all-time high of $1.16 (2026-04-14).
Peg check: -1.06% from $1.00.
Oct 12, 2026
Mezo USD (MUSD) trades 1.05% below its $1 peg
Price $0.9895, +0.10% vs the prior day's $0.9885.
Versus 7-day average $0.9893 (+0.03%); 30-day average $0.9899 (-0.04%); 200-day average $0.9967 (-0.72%).
24h volume $254,417, 1.78x its 30-day average.
14.7% below the all-time high of $1.16 (2026-04-14).
Peg check: -1.05% from $1.00.
Oct 11, 2026
Mezo USD (MUSD) trades 1.15% below its $1 peg
Price $0.9885, -0.06% vs the prior day's $0.9891.
Versus 7-day average $0.9894 (-0.09%); 30-day average $0.9899 (-0.14%); 200-day average $0.9967 (-0.82%).
24h volume $100,643, 0.70x its 30-day average.
14.8% below the all-time high of $1.16 (2026-04-14).
Peg check: -1.15% from $1.00.
Oct 10, 2026
Mezo USD (MUSD) trades 1.09% below its $1 peg
Price $0.9891, +0.06% vs the prior day's $0.9885.
Versus 7-day average $0.9897 (-0.06%); 30-day average $0.9899 (-0.09%); 200-day average $0.9968 (-0.77%).
24h volume $212,658, 1.49x its 30-day average.
14.7% below the all-time high of $1.16 (2026-04-14).
Peg check: -1.09% from $1.00.
Things to know before you trade MUSD
Volatility: over the last 30 days MUSD moved an average of 0.05% per day (annualized volatility about 1%), with 0 day(s) moving more than 5%.
Liquidity: 24h volume is $98,303.00, about 0.3% of market cap. Volume this low relative to size can mean wider spreads and bigger price impact on larger orders.
Supply: no maximum supply is listed, so new MUSD can keep being issued.
Stablecoin peg: MUSD is listed as a stablecoin and currently trades at $0.9903, -0.97% from $1.00. Stablecoins can lose their peg.
Where it trades: highest reported 24h volume on Tigris V3 ($43,976.09), Tigris ($19,836.29), Aerodrome Slipstream 3 ($18,095.16), Uniswap V4 (Ethereum) ($5,227.30).
Small cap: smaller coins tend to be more volatile and easier to move with less money.
Risk: crypto prices can fall sharply and you can lose all of the money you put in. This page is information only, not advice.
FAQ
What is the price of Mezo USD (MUSD) today?
Mezo USD is trading at $0.9903 as of Oct 16, 2026, 2:52 PM UTC, -0.01% over 24 hours (CoinGecko).
What is Mezo USD's market cap?
$29.58 million, ranked #675 by market cap.
What is Mezo USD's all-time high?
$1.16, set on 2026-04-14. It is -14.71% from that level now.
How many MUSD are in circulation?
29,876,736 MUSD circulating; no max supply is listed.
Information only. Not financial or investment advice and not a recommendation to buy, sell or hold any asset. No price predictions. Data: CoinGecko; may be delayed or inaccurate.