Meta USD (MUSD) market snapshot:
Price $1.0090, market capitalization $144.41K,
and reported 24-hour volume $183.
Trading activity:
Reported 24-hour volume equals 0.13% of market capitalization. The local markets snapshot lists Cetus and Aftermath Finance among venues with observed trading activity.
YearBull indicators:
This asset is classified as a stablecoin and is excluded from the analytical YearBull Rank, Bull Score, YB Market Risk, and Cycle sequence.
Values are descriptive and should be read together rather than as a price forecast.
Read the YearBull methodology.
Snapshot date: 2026-10-27.Data history: 90 days available in the latest 90-day window.
Methodology responsibility:
YearBull’s analytical methodology and presentation rules are developed and maintained by
Alan Zelvin, Founder & Lead Crypto Researcher.
This note identifies responsibility for the methodology; it does not attribute authorship of this data snapshot.
What is Meta USD (MUSD)?
Source description
“METASTABLE is a decentralized vault system deployed on the Sui network. The protocol enables users to deposit supported assets—bridged or native—and mint a stablecoin, mUSD, which is pegged to the US dollar. Users can utilize mUSD in AMMs, lending platforms, and other protocols while earning mPOINTS that may translate into future token rewards distributed via airdrops. Vaults also support lending out deposited assets for increased yield and capital efficiency. Unlike a strict 1:1 minting model, METASTABLE relies on oracle-based exchange rates (e.g., Pyth price feeds) to determine the exchange rate between deposited assets and mUSD. With oracle feeds in place, the protocol can adapt to different price sources and handle a wide array of assets seamlessly. Using asset's exact on-chain exchange rate enables slippageless trades between assets supported by the vault, as opposed to slippage-prone, AMM counterparts. Although METASTABLE currently focuses on USD-pegged stablecoins, its architecture has been designed modularly to allow extending the protocol with new meta coins. One could imagine a future where METASTABLE supports the creation of other meta coins, such as mBTC or mETH.”
This source-supplied description may contain old, promotional, or unverified claims and is not YearBull editorial analysis.
Official links and contract records appear in Key Facts. Project details can change, so verify current information with the project.
Meta USD (MUSD) FAQ
How does METASTABLE use deposited assets to create mUSD?
The project states that users can deposit supported native or bridged assets into vaults and mint mUSD, a stablecoin pegged to the US dollar. Rather than requiring a strict one-to-one minting model, METASTABLE uses oracle-based exchange rates to calculate how much mUSD a deposit can produce. The protocol is deployed on Sui and is positioned for use across decentralized finance applications.
What role do oracle price feeds play in METASTABLE’s vaults?
METASTABLE says its vaults use oracle-based exchange rates, including feeds such as Pyth, to value deposited assets against mUSD. This approach is intended to let the protocol support different assets and price sources while reflecting their exact on-chain exchange rates. The project presents this as a way to enable trades between supported vault assets without the slippage typically associated with automated market makers.
How can users use mUSD after minting it?
According to the project, mUSD can be used in automated market makers, lending platforms, and other decentralized finance protocols. METASTABLE also says vaults may lend deposited assets to pursue increased yield and capital efficiency. The project does not specify the fee structure, supported asset list, or conditions governing participation in each external protocol, so those details may vary by integration.
What are mPOINTS and how may they relate to future rewards?
Users interacting with METASTABLE vaults can earn mPOINTS, according to the project. It says these points may translate into future token rewards distributed through airdrops. This is presented as a potential future reward mechanism rather than a guaranteed distribution. The project does not specify the points formula, eligibility rules, reward token, timing, or final allocation process.
Could METASTABLE support assets beyond USD-pegged stablecoins?
The project says its architecture is modular and could be extended with additional meta coins beyond its current focus on USD-pegged stablecoins. It gives mBTC and mETH as examples of possible future assets. These examples describe an envisioned expansion rather than confirmed products, and METASTABLE does not specify whether such coins will launch, which collateral they would use, or how their pricing would work.
Meta USD metric comparison
This comparison is a stored snapshot generated 2026-10-22 06:31 UTC from 292 daily observations available from 2025-12-30 through 2026-10-22. It is separate from the latest analytical cards above. Percentiles compare the snapshot value with that day's analytical universe; a higher percentile means a larger observed value, not necessarily a better investment characteristic.
Metric
Snapshot
30d before
90d before
Change vs 30d
Universe percentile
Price
$1.05
$0.9951
$0.9952
+5.8%
n/a
Market cap
$150.9K
$152.8K
$157.2K
-1.3%
P39.9
YearBull Rank
n/a
n/a
n/a
n/a
n/a
Bull Score
n/a
n/a
n/a
n/a
n/a
Turnover
0.00%
0.50%
0.68%
-0.5 pts
P3.4
YB Market Risk
n/a
n/a
n/a
n/a
n/a
Cycle
Stable
Stable
Stable
Unchanged
n/a
Median absolute daily movement 0.21%; distance from the highest local daily price -16.4%; circulating supply change -95.7%. These measurements are descriptive and do not predict future direction.
YearBull Rank on this page
YearBull Rank data is not available at the moment for meta-usd.
Rank timeline (last 365 days)
Rank history is still being collected.The rank timeline will appear after two valid daily YearBull Rank snapshots are available.
Rank movement (time windows).
Reading rule: rank #120 sits higher than rank #200.
7d window: current rank not available.
30d window: current rank not available.
YearBull Rank is an internal ordering on YearBull that positions a coin relative to the rest of the tracked universe. Lower rank numbers correspond to stronger relative placement.
Liquidity posture: deep markets usually produce smoother rank paths. If the line reacts in bursts, watch for calendar-driven liquidity.
Cycle placement: sideways periods still reshuffle relative placement. If both are flat, the coin may be tracking its peer basket.
Risk profile: minor drift can still matter at scale. If the last week is quiet, the current rank is usually easier to trust.
Exchange footprint: fragmentation can make rank more reactive. If the line range widens, access or routing may be changing.
Editorial note:
This analysis was prepared by the YearBull research team under the direction of
Alan Zelvin,
Founder and Lead Crypto Researcher.
The assessment follows YearBull’s internal research methodology and editorial standards.
Methodology ·
Editorial Policy
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Stored venue snapshot. Markets last checked: 2026-07-26. Updated on a rolling basis; no fixed refresh date is promised. Venue listings and volumes are stored snapshots, not live quotes.
