METASTABLE
  • Introduction
  • METASTABLE
    • Protocol Design
      • Meta Vault
        • Configuration
        • Functionality
          • Yield
      • Fees
      • Future Roadmap
    • mPOINTS
  • Developers
    • TypeScript SDK
    • Contracts
    • Objects
    • Coins
  • FAQ
    • What backs superSUI?
    • What backs mUSD?
    • What backs mETH?
  • Legal
    • Legal Terms
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  1. FAQ

What backs mUSD?

mUSD is backed 1:1 with deposited stablecoins, and relies on an oracle price feed of provided assets to determine the mint and burn amount of mUSD for each interaction. mUSD also has maximum deposit caps for each stablecoin, which will be raised overtime as mUSD matures and grows. The following stablecoins on SUI are supported to mint mUSD:

Coin
Coin Type
Deposit Cap

USDC

0xdba34672e30cb065b1f93e3ab55318768fd6fef66c15942c9f7cb846e2f900e7::usdc::USDC

None

whUSDT (eth)

0xc060006111016b8a020ad5b33834984a437aaa7d3c74c18e09a95d48aceab08c::coin::COIN

None

sUSDT (eth)

0x375f70cf2ae4c00bf37117d0c85a2c71545e6ee05c4a5c7d282cd66a4504b068::usdt::USDT

None

whUSDC (eth)

0x5d4b302506645c37ff133b98c4b50a5ae14841659738d6d733d59d0d217a93bf::coin::COIN

None

AUSD

0x2053d08c1e2bd02791056171aab0fd12bd7cd7efad2ab8f6b9c8902f14df2ff2::ausd::AUSD

None

FDUSD

0xf16e6b723f242ec745dfd7634ad072c42d5c1d9ac9d62a39c381303eaa57693a::fdusd::FDUSD

None

USDY

0x960b531667636f39e85867775f52f6b1f220a058c4de786905bdf761e06a56bb::usdy::USDY

None

BUCK

0xce7ff77a83ea0cb6fd39bd8748e2ec89a3f41e8efdc3f4eb123e0ca37b184db2::buck::BUCK

25,000

whUSDC (sol)

0xb231fcda8bbddb31f2ef02e6161444aec64a514e2c89279584ac9806ce9cf037::coin::COIN

None

whUSDC (arb)

0xe32d3ebafa42e6011b87ef1087bbc6053b499bf6f095807b9013aff5a6ecd7bb::coin::COIN

None

whUSDC (bsc)

0x909cba62ce96d54de25bec9502de5ca7b4f28901747bbf96b76c2e63ec5f1cba::coin::COIN

None

whUSDCe (arb)

0xc3f8927de33d3deb52c282a836082a413bc73c6ee0bd4d7ec7e3b6b4c28e9abf::coin::COIN

None

whUSDC (pol)

0xcf72ec52c0f8ddead746252481fb44ff6e8485a39b803825bde6b00d77cdb0bb::coin::COIN

None

whUSDC (avax)

0xe596782fbaebef51ae99ffac8731aed98a80642b9dc193ed659c97fbc2cc0f84::coin::COIN

None

whUSDC (apt)

0x6adeff8d922dc10768a6bf35ca09d16e1d4be1f3cd9ad089a74fe4f36c33bcb6::coin::COIN

None

whUSDC (op)

0x22913ec1b2488e56a45933f6cd066b2e6a3e4f95a5bc80c28679742917e95447::coin::COIN

None

whUSDC (sonic)

0xdeb99066efa8c4fd5aeaf444f7ea2f6b76610d85af60f291fcd1cac52a55cf93::coin::COIN

None

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Last updated 3 months ago