MegaETH ONCHAIN DATA · DEFILLAMA · US TREASURY
[ MEGAETH STABLECOIN · T-BILL BACKED · REAL-TIME ]
USDm Engine
The Lifeblood of MegaETH

USDm is MegaETH's native stablecoin, backed by tokenized T-bills via Ethena.
As supply grows, MegaETH earns the underlying yield, funding buybacks and ecosystem development.

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USDm Total Supply Tokenized T-bill backing
Annualized Revenue Supply × current T-bill rate
T-Bill Rate 12-month average
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USDm Supply · Historical

Total USDm circulating on MegaETH over time. Milestone events marked with green dots. Daily net mint/burn flow shown below so growth is visible even when supply is flat.

Apps Holding USDm

Sortable leaderboard. Estimated revenue contribution = (app's share of supply) × annualized yield. Click any column header to re-sort.
USDm · MEGAETH'S REVENUE ENGINE · T-BILLS ON-CHAIN · YIELD → BUYBACKS → ECOSYSTEM · EVERY SECOND COUNTS · BUILD WITHOUT BOUNDARIES
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