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>> USDM Yield + Network Fees · Live On-Chain Data · Updated Daily

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// USDm TVL
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// Daily Revenue
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// Annualized Revenue
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// Cumulative Revenue
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// USDm vs USDT0
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// Forecast
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// Chain Rank

USDM TVL

Circulating USDm market cap (CoinGecko / megausd) since launch.
Estimated (based on current TVL flat baseline)
Run-rate = (daily USDm yield + 7-day avg network fees) × 365.
USDT0 is sourced from MegaETH Blockscout. When transfer-history reconstruction is unavailable, the chart falls back to the live Blockscout supply snapshot.
Hypothetical run-rate = (chain DeFi TVL × USDm APY) + MegaETH 7d-avg network fees × 365.
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Transaction Revenue Breakdown

Daily aggregate of network fees and USDm yield.
Date Tx Fees (ETH) Tx Fees (USD) USDm Revenue Total Daily
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Network fees source: MegaETH Blockscout. ETH is exact; USD is derived from ETH price data.

How USDm Powers MegaETH

  • USDm is MegaETH's native stablecoin, backed by Ethena's delta-neutral reserves.
  • Its reserve yield (~3.09% APY) funds sequencer operations across the network.
  • This yield-funded model means gas costs approach zero for end users.
  • Every dollar held in USDm directly subsidizes MegaETH's economic security.
Daily Revenue = TVL × ~3.09% ÷ 365