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GND Protocol USD

GND Protocol USD GMUSD Price $ 0.265

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Stablecoin

GMUSD Price

0.265
4.92%
(-$ 0.0137)
Price Range
LowHigh
$ 0.250$ 0.282

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Token

Funds and Backers

No funds found yet

Wallets

No wallets found yet

Description

gmUSD is an algorithmic stablecoin fully backed by $gDAI and $gmdUSDC

GND Protocol USD (GMUSD) Chart

GND Protocol USD price Index provides the latest GMUSD price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

GMUSD to USD Converter

GND Protocol USD (GMUSD)GMUSD

GMUSD Price Statistics

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Market Cap

N/A

Fully diluted value

FDV

$ 188.68K

24 Trade Vol.

$ 171.68

Total Supply

GMUSD 710,654

Listing Date

10 Apr 2023

All Time High

$ 1.35

6 Feb 2024


All Time Low

$ 0.166

7 May 2024


From ATH

80.3%

From ATL

60.1%

What is GND Protocol USD (GMUSD)?

gmUSD is an algorithmic stablecoin fully backed by $gDAI and $gmdUSDC. The supply of $gmUSD can be managed by the protocol minting and redeeming as a part of the Protocol Smart Arbitrage Leverage Mechanism (PSALM).

Backed by yield-bearing assets, $gmUSD is also a yield-bearing stablecoin, appreciating in value at an average rate of 15–25% annually.

GND Protocol USD Price Today

GND Protocol USD's current price is $ 0.265, it has dropped -4.92% over the past 24 hours.

GND Protocol USD's All Time High (ATH) of $ 1.35 was reached on 6 Feb 2024, and is currently -80.3% down.

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