Price change (24h):
1.75%
High (24h):
$1.019
Low (24h):
$0.998744
Volume (24h):
$1.28K
Market Cap:
$245.52K
All Time High:
32.72% $1.49
Apr 10, 2025
All Time Low:
8743% $0.01
Jun 1, 2026
Prisma mkUSD
MKUSD7.54 %(1Y)
$1.001
About Prisma mkUSD
Prisma mkUSD is a cryptocurrency. It functions as an over-collateralized stablecoin within the Ethereum DeFi landscape, issued by the Prisma Finance protocol.
The token maintains a soft peg to the US dollar, engineered for stability within decentralized finance. It is minted through Prisma Finance’s vault mechanism, where users lock up collateral—typically volatile crypto assets—to generate mkUSD. This over-collateralization model insulates the peg from sudden market downturns, offering a censorship-resistant alternative to fiat-backed stablecoins.
Prisma mkUSD operates on the Ethereum network as an ERC-20 token. Its logic resides within a suite of immutable smart contracts that collateralize debt positions and enforce liquidation rules. The protocol leans on Ethereum’s execution layer for transaction finality and resilience.
The mkUSD contract is fully compliant with the ERC-20 standard, guaranteeing native compatibility with thousands of Ethereum applications, decentralized exchanges, and non-custodial wallets. Verification on Etherscan confirms the transparency of its mint and burn functions, which are triggered deterministically by protocol debt ceilings and collateral ratios. The codebase is maintained as open-source software on GitHub, allowing any third party to inspect the liquidation engine.
The asset emerged from Prisma Finance, a lending protocol whose developers maintain anonymity under the PrismaFi handle. No formal founding team has been disclosed, and the project’s communications center on community channels and the project’s open-source repositories. The mkUSD token entered circulation through a permissionless minting process, with initial borrowers locking Ethereum-based collateral into the protocol’s vaults.
The project’s vision is to deliver a purely on-chain, transparent stablecoin that operates without dependency on traditional banking rails. By anchoring value through algorithmic over-collateralization rather than fiat reserves, mkUSD seeks to eliminate the counterparty risk inherent in centralized stablecoins. The broader aim is to expand the supply of decentralized liquidity that remains resilient under blockchain-native governance.
Within Prisma Finance, mkUSD serves as the unit of debt. Users mint it by depositing approved collateral into a vault, thereby generating a collateralized debt position. Repaying mkUSD to the protocol—plus a stability fee—unlocks the underlying collateral. The token accrues a variable interest rate, charged continuously as part of the protocol’s stability mechanism.
A user who has minted mkUSD against ETH can deploy the stablecoin into DeFi lending markets to earn yield, or hold it as a hedge against collateral volatility. Traders utilize mkUSD as a settlement asset in stablecoin pairs, leveraging its soft peg to avoid the friction of off-ramping to fiat. Those looking to unwind a vault position purchase mkUSD from the open market to extinguish their debt and retrieve the locked collateral.
Prisma mkUSD has an unlimited supply of tokens. Currently, 245,227.57 mkUSD are in circulation. The total supply mirrors the circulating quantity exactly, with no tokens locked outside the active float. With a market capitalization of $244,992.00, Prisma mkUSD ranks #4,534 among all cryptocurrencies.
Prisma mkUSD Historical Price Data
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 10/07/2026 | $1.02 | $1.00 | $1.02 | $1.00 |
| 09/07/2026 | $1.00 | $0.98 | $1.00 | $0.98 |
| 08/07/2026 | $1.00 | $1.00 | $1.00 | $0.99 |
| 07/07/2026 | $1.00 | $1.00 | $1.01 | $1.00 |
| 06/07/2026 | $1.00 | $1.00 | $1.01 | $1.00 |
| 05/07/2026 | $1.00 | $1.00 | $1.01 | $1.00 |
| 04/07/2026 | $1.00 | $1.00 | $1.00 | $1.00 |
Why is manual trading Prisma mkUSD a bad idea?
Manual mkusd trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
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AI trades 24/7 automatically Catch every opportunity
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Zero-emotion algorithm Disciplined strategy
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Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
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2015
year of company foundation
FAQ
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Prisma mkUSD (MKUSD) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live MKUSD price, market cap, and 24-hour trading volume at the top of this page.
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The current price of Prisma mkUSD (MKUSD) is $1.001. Over the last 24 hours, it has moved -1.75%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy Prisma mkUSD on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.
The smartest way to manage your MKUSD investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading. -
Stablecoins (like MKUSD) are designed to maintain a stable value, usually pegged to a fiat currency like the US dollar. While their price typically stays close to the peg, they can occasionally depeg due to market stress, liquidity issues, or concerns about reserve backing.
Many traders use stablecoins as a safe haven during crypto market volatility or as a convenient way to move funds between exchanges. -
We can’t provide investment advice. Whether Prisma mkUSD is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
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Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
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Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. MKUSD can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
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With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
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You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.
