{
  "asOf": "2026-06-28T01:22:00.344Z",
  "source": "MegaETH Blockscout token snapshots, Aave address book, and World Markets lending snapshot.",
  "methodology": {
    "m0": "M0 = total tokenized USDM supply minus USDM held in tracked lending vaults and reserves. DEX and spot balances stay inside M0.",
    "m1": "M1 = M0 plus USDM-denominated demand-deposit claims on tracked lending protocols, including Aave aMegUSDm and World Markets USDM lending deposits."
  },
  "usdm": {
    "symbol": "USDM",
    "address": "0xfafddbb3fc7688494971a79cc65dca3ef82079e7",
    "supply": 228415546.499396,
    "priceUsd": 0.999197,
    "source": "Blockscout /api/v2/tokens/0xfafddbb3fc7688494971a79cc65dca3ef82079e7"
  },
  "m0": {
    "value": 29228804.691236,
    "points": [
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        "timestamp": 1779715490000,
        "value": 40239020.756949
      },
      {
        "timestamp": 1779839999999,
        "value": 39755533.450262
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      {
        "timestamp": 1779926399999,
        "value": 39865041.016177
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      {
        "timestamp": 1780012799999,
        "value": 39597201.287861
      },
      {
        "timestamp": 1780099199999,
        "value": 40750502.343014
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      {
        "timestamp": 1780185599999,
        "value": 37945695.274962
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      {
        "timestamp": 1780271999999,
        "value": 38062410.212949
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      {
        "timestamp": 1780358399999,
        "value": 36979771.183834
      },
      {
        "timestamp": 1780444799999,
        "value": 35892241.031245
      },
      {
        "timestamp": 1780531199999,
        "value": 36153870.697177
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      {
        "timestamp": 1780617599999,
        "value": 35713520.912037
      },
      {
        "timestamp": 1780703999999,
        "value": 33719353.963327
      },
      {
        "timestamp": 1780790399999,
        "value": 35313467.570809
      },
      {
        "timestamp": 1780876799999,
        "value": 35160610.203288
      },
      {
        "timestamp": 1780963199999,
        "value": 34797948.211694
      },
      {
        "timestamp": 1781049599999,
        "value": 34907574.411793
      },
      {
        "timestamp": 1781135999999,
        "value": 33742207.690994
      },
      {
        "timestamp": 1781222399999,
        "value": 31128771.814657
      },
      {
        "timestamp": 1781308799999,
        "value": 30805643.00718
      },
      {
        "timestamp": 1781395199999,
        "value": 30835199.754551
      },
      {
        "timestamp": 1781481599999,
        "value": 34994500.082159
      },
      {
        "timestamp": 1781567999999,
        "value": 34994012.663146
      },
      {
        "timestamp": 1781654399999,
        "value": 34771595.896172
      },
      {
        "timestamp": 1781740799999,
        "value": 34612224.459714
      },
      {
        "timestamp": 1781827199999,
        "value": 34810362.898342
      },
      {
        "timestamp": 1781913599999,
        "value": 34374832.278279
      },
      {
        "timestamp": 1781999999999,
        "value": 30276816.370268
      },
      {
        "timestamp": 1782086399999,
        "value": 30334743.222314
      },
      {
        "timestamp": 1782172799999,
        "value": 30168596.105802
      },
      {
        "timestamp": 1782259199999,
        "value": 29830000.200755
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      {
        "timestamp": 1782345599999,
        "value": 29777046.751351
      },
      {
        "timestamp": 1782431999999,
        "value": 29446986.899408
      },
      {
        "timestamp": 1782518399999,
        "value": 29478682.504795
      },
      {
        "timestamp": 1782604799999,
        "value": 29163577.854636
      },
      {
        "timestamp": 1782691199999,
        "value": 29228804.691236
      }
    ],
    "components": [
      {
        "label": "Tokenized USDM supply",
        "value": 228415546.499396,
        "role": "supply",
        "color": "#FF8AA8"
      },
      {
        "label": "Aave USDM reserve",
        "value": -198621141.80816,
        "role": "subtract",
        "color": "#C586FF",
        "address": "0x5df82810cb4b8f3e0da3c031ccc9208ee9cf9500"
      },
      {
        "label": "World Markets lending",
        "value": -565600,
        "role": "subtract",
        "color": "#7EAAD4",
        "address": "0x2b654f4a35394739c66a8c790324c8e829d9bf6e"
      },
      {
        "label": "M0",
        "value": 29228804.691236,
        "role": "result",
        "color": "#90D79F"
      }
    ]
  },
  "m1": {
    "value": 598885423.542592,
    "points": [
      {
        "timestamp": 1779715490000,
        "value": 638949951.793717
      },
      {
        "timestamp": 1779839999999,
        "value": 638421805.813303
      },
      {
        "timestamp": 1779926399999,
        "value": 638492528.512825
      },
      {
        "timestamp": 1780012799999,
        "value": 636171829.565512
      },
      {
        "timestamp": 1780099199999,
        "value": 631860096.82511
      },
      {
        "timestamp": 1780185599999,
        "value": 629033068.374053
      },
      {
        "timestamp": 1780271999999,
        "value": 628342444.129234
      },
      {
        "timestamp": 1780358399999,
        "value": 626634816.714046
      },
      {
        "timestamp": 1780444799999,
        "value": 621658680.154836
      },
      {
        "timestamp": 1780531199999,
        "value": 616477873.55924
      },
      {
        "timestamp": 1780617599999,
        "value": 611864547.546504
      },
      {
        "timestamp": 1780703999999,
        "value": 607666131.057881
      },
      {
        "timestamp": 1780790399999,
        "value": 606801519.388082
      },
      {
        "timestamp": 1780876799999,
        "value": 606625231.597956
      },
      {
        "timestamp": 1780963199999,
        "value": 605979090.057776
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      {
        "timestamp": 1781049599999,
        "value": 606081948.79213
      },
      {
        "timestamp": 1781135999999,
        "value": 604701907.423456
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      {
        "timestamp": 1781222399999,
        "value": 602076544.93763
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      {
        "timestamp": 1781308799999,
        "value": 601831220.117567
      },
      {
        "timestamp": 1781395199999,
        "value": 601954766.194892
      },
      {
        "timestamp": 1781481599999,
        "value": 602218809.236523
      },
      {
        "timestamp": 1781567999999,
        "value": 602253189.682719
      },
      {
        "timestamp": 1781654399999,
        "value": 602012415.161546
      },
      {
        "timestamp": 1781740799999,
        "value": 601628894.491529
      },
      {
        "timestamp": 1781827199999,
        "value": 601727880.312201
      },
      {
        "timestamp": 1781913599999,
        "value": 601321391.724877
      },
      {
        "timestamp": 1781999999999,
        "value": 601142208.283705
      },
      {
        "timestamp": 1782086399999,
        "value": 601173389.439609
      },
      {
        "timestamp": 1782172799999,
        "value": 601029688.893693
      },
      {
        "timestamp": 1782259199999,
        "value": 600434819.818605
      },
      {
        "timestamp": 1782345599999,
        "value": 600068102.002886
      },
      {
        "timestamp": 1782431999999,
        "value": 599692560.520984
      },
      {
        "timestamp": 1782518399999,
        "value": 599725761.150918
      },
      {
        "timestamp": 1782604799999,
        "value": 599432224.900318
      },
      {
        "timestamp": 1782691199999,
        "value": 598885423.542592
      }
    ],
    "components": [
      {
        "label": "M0",
        "value": 29228804.691236,
        "role": "base",
        "color": "#90D79F"
      },
      {
        "label": "Aave aMegUSDm deposits",
        "value": 569091018.851356,
        "role": "deposit",
        "color": "#C586FF",
        "address": "0x5df82810cb4b8f3e0da3c031ccc9208ee9cf9500"
      },
      {
        "label": "World Markets USDM deposits",
        "value": 565600,
        "role": "deposit",
        "color": "#7EAAD4",
        "address": "0x2b654f4a35394739c66a8c790324c8e829d9bf6e"
      },
      {
        "label": "M1",
        "value": 598885423.542592,
        "role": "result",
        "color": "#F5AF94"
      }
    ]
  },
  "lending": {
    "vaultUsdm": {
      "total": 199186741.80816,
      "sources": [
        {
          "protocol": "Aave V3",
          "label": "USDM reserve in aMegUSDm contract",
          "amount": 198621141.80816,
          "address": "0x5df82810cb4b8f3e0da3c031ccc9208ee9cf9500",
          "underlying": "0xfafddbb3fc7688494971a79cc65dca3ef82079e7"
        },
        {
          "protocol": "World Markets",
          "label": "USDM lending orderbook snapshot",
          "amount": 565600,
          "address": "0x2b654f4a35394739c66a8c790324c8e829d9bf6e",
          "underlying": "0xfafddbb3fc7688494971a79cc65dca3ef82079e7"
        }
      ]
    },
    "demandDeposits": {
      "total": 569656618.851356,
      "sources": [
        {
          "protocol": "Aave V3",
          "label": "aMegUSDm total supply",
          "amount": 569091018.851356,
          "address": "0x5df82810cb4b8f3e0da3c031ccc9208ee9cf9500"
        },
        {
          "protocol": "World Markets",
          "label": "USDM lending deposits",
          "amount": 565600,
          "address": "0x2b654f4a35394739c66a8c790324c8e829d9bf6e",
          "underlying": "0xfafddbb3fc7688494971a79cc65dca3ef82079e7"
        }
      ]
    },
    "aave": {
      "pool": "0x7e324abc5de01d112afc03a584966ff199741c28",
      "dataProvider": "0x9588b453a4ee24a420830cb3302195ca7aa3b403",
      "addressBook": "https://github.com/bgd-labs/aave-address-book/blob/main/src/AaveV3MegaEth.sol",
      "usdmAToken": {
        "symbol": "aMegUSDm",
        "address": "0x5df82810cb4b8f3e0da3c031ccc9208ee9cf9500",
        "totalSupply": 569091018.851356,
        "underlyingUsdmReserve": 198621141.80816
      },
      "usdmVariableDebt": {
        "symbol": "variableDebtMegUSDm",
        "address": "0x6b408d6c479c304794abc60a4693a3ad2d3c2d0d",
        "totalSupply": 370478841.578645
      }
    },
    "excluded": [
      {
        "protocol": "Quantus Lend",
        "reason": "DefiLlama MegaETH TVL is WETH/ETH only and no USDM-denominated demand deposits were detected."
      }
    ]
  }
}