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Prisma mkUSD Overview
24h High
$1.00
24h Low
$0.98
24h Change
-0.01%
7d Change
-0.11%
30d Change
+0.03%
Volume 24h
$175.74
Circulating Supply
245,228 MKUSD
Prisma mkUSD News
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About Prisma mkUSD
MKUSD is a decentralized stablecoin, fully collateralized by liquid staking tokens. It is part of the Prisma decentralized borrowing protocol, which is non-custodial, immutable, and censorship-resistant. MKUSD offers a mechanism for users to mint a stablecoin by depositing specific liquid staking tokens in a vault. The minted MKUSD can then be used on other DeFi platforms or exchanged back for liquid-staking tokens. This system offers users a versatile and secure way to engage with the broader DeFi ecosystem.
MKUSD offers a mechanism for users to mint a stablecoin by depositing specific liquid staking tokens in a vault. If the collateral ratio falls below a certain threshold (120%), the vault is subject to liquidation. This process is managed by a stability pool that oversees the liquidated debt and distributes collateral to providers. The minted MKUSD can then be used on other DeFi platforms or exchanged back for liquid-staking tokens. This system offers users a versatile and secure way to engage with the broader DeFi ecosystem.
Prisma mkUSD Markets
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Prisma mkUSD Platforms
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Prisma mkUSD Market Data
The live Prisma mkUSD price today is $1.00 USD with a 24-hour trading volume of $175.74 USD. We update our MKUSD to USD price in real-time. Prisma mkUSD is down 0.01% in the last 24 hours.
The current market cap is $245,150.56 USD. The circulating supply is 245,228 MKUSD.