Mountain Protocol
USDM yield-bearing stablecoin passing US Treasury yields to Hyperliquid holders
Mountain Protocol is the issuer of USDM, a regulated, yield-bearing stablecoin backed by short-term US Treasury bills that automatically passes through Treasury yields to holders on a daily rebasing basis. Unlike traditional stablecoins that capture yield for issuers, USDM distributes approximately 4-5% APY directly to holders simply by holding the token—making it a compelling alternative to USDC and USDT in the HyperEVM ecosystem.
Key Facts
Key Features
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RWA Perps on Hyperliquid
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Frequently Asked Questions
What is Mountain Protocol?
Mountain Protocol is uSDM yield-bearing stablecoin passing US Treasury yields to Hyperliquid holders
What layer does Mountain Protocol run on?
Mountain Protocol spans multiple Hyperliquid layers, operating across both HyperCore and HyperEVM.
Is Mountain Protocol audited?
Check Mountain Protocol's official documentation for the latest audit status and security information.
What category is Mountain Protocol?
Mountain Protocol is a RWA Perps protocol in the Hyperliquid ecosystem.
How do I use Mountain Protocol?
Visit mountainprotocol.com to get started. Mountain Protocol is a RWA Perps application on Hyperliquid's Multi-Layer layer.
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Project Details
- Layer
- BOTH
- Category
- RWA Perps
- Status
- ACTIVE