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WrappedM (wM) is a non-rebasing ERC-20 wrapper token for the rebasing $M stablecoin issued by the M0 protocol, designed to maintain full yield-earning capabilities while solving compatibility issues with DeFi protocols, on-ramps, and utilities that do not support dynamic balance changes from rebasing. It works by holding a 1:1 backing of the underlying $M in the wrapper contract, where user balances remain static (no automatic rebasing), accrued yield is tracked separately and claimed manually/explicitly, and solvency is preserved through a strict invariant (M balance in contract ≥ total wM supply + accrued yield), with excess reserves from yield and minor rounding effects accumulating to benefit the broader M0 ecosystem. WrappedM concentrates liquidity and expands utility for M0-based stablecoins without compromising yield or security.

WrappedM by M0

wM is a Non-rebasing ERC-20 wrapper for rebasing $M stablecoin for DeFi compatibility while preserving yield via manual claims.

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Discover %exchanges_count% Best Exchanges Offering %markets_count% %code% Markets for Buying, Selling, and Trading %name%. Get insights on spread, 24-hour trading volume data, and quotes across DEX and CEX platforms.

Exchange	Pair	Last Price	Change (24H)	High (24H)	Low (24H)	Spread	Volume (24H)

Uniswap V3 (Ethereum)	wM/USDC	USDC 0.9999 $ 0.9997	N/A	USDC 0.00	USDC 0.00	N/A	$ 4.36M wM 4.36M
Curve (Ethereum)	WETH/wM	wM 1,918 $ 0.9942	N/A	wM 0.00	wM 0.00	N/A	$ 0.00 WETH 0.00
Curve (Ethereum)	USD0/wM	wM 0.9997 $ 0.9996	N/A	wM 0.00	wM 0.00	N/A	$ 0.00 USD0 0.00

WrappedM by M0WM

WrappedM by M0 Markets

WrappedM by M0 Historical Markets