Meta USD MUSD

What MUSD actually is on-chain

Meta USD is a Move coin type deployed on Sui, at contract address 0xe44df51c0b21a27ab915fa1fe2ca610cd3eaa6d9666fe5e62b988bf7f0bd8722::musd::MUSD. That address, not the ticker MUSD, is what uniquely identifies this asset: anyone can deploy a second token calling itself MUSD, but the contract is unforgeable. Verify it against suivision.xyz before sending funds or approving a spend.

Sui uses Move's object model, so MUSD is a typed coin object rather than a balance entry in a shared contract. The type string above is the full identifier — the module and struct name are part of it, which is why it looks longer than an EVM address. Liquidity is in Cetus and Turbos pools and gas is paid in SUI.

3 other assets tracked on this site also use the ticker MUSD: MetaMask USD (Ethereum, 0xaca9…35da); Mezo USD (another network, 0xdd46…f186); mStable USD (Ethereum, 0xe2f2…35a5). The asset on this page is specifically the Sui deployment at 0xe44d…8722::musd::MUSD. These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For MUSD the project publishes a whitepaper and an active account as @MetaStables. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where MUSD sits in the market

Meta USD ranks #2975, in the top of the long tail, just below the band most screeners still cover, far outside the set of assets that carry continuous market-maker coverage. At this end of the table the first question is data integrity rather than valuation: a quote can originate from a single pool or a single venue, reported volume is difficult to verify independently, and the distance between the last print and a genuinely executable price can be wide. Treat any indicator computed on this series as provisional.

We are not currently receiving a live MUSD order book from any of the exchanges connected to this site, so no real-time quote is shown above. That is itself information: it usually means the pair is unlisted on the venues we track, or trading has been halted. MUSD is a Sui asset, so whatever turnover exists is most likely in Cetus and Turbos pools rather than on a centralised book, and every fill there costs SUI in gas on top of the pool's own fee.

MUSD against its all-time high

Meta USD's record high is $1.36, set on 2026-05-10. That high sits in a range where whole-cent and whole-unit levels are genuinely traded, which makes them usable as alert thresholds if a quote returns. The print is recent enough — within the last six months — that it still describes the market MUSD trades in today. We are not quoting a drawdown from it because no tracked venue is giving us a live MUSD price — a stale or single-pool number would make that percentage look precise when it is not.

MUSD across its historical range

MUSD has traded across a 1,409x range, between $0.00096541 and $1.36. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

The record low of $0.00096541 was printed on 2025-01-24 — roughly 2 years ago. We have no live quote to measure the current distance from it.

MUSD supply and valuation data

Supply figures for MUSD are self-reported at this rank rather than reconciled against the chain, so we publish the valuation we have and not a circulating-supply number we cannot check. What we do have is a fully diluted valuation of $1.3 million as of 2026-05-12. That sits around the middle of the distribution — roughly half the assets tracked here carry a smaller fully diluted value.

Since the figure is a snapshot rather than a live number, we do not reverse it into a supply count: the price has moved since it was taken, and that division would produce a confident but incorrect token count. For any per-token valuation, check the current supply on the project's own explorer first. The authoritative figure is the one suivision.xyz reports for this contract.

What kind of asset MUSD is

Meta USD is pegged to the US dollar, so the only price question that matters is whether the peg holds; trend and momentum readings on a dollar peg describe noise, not direction. It is backed by off-chain reserves, which moves the risk from smart-contract code to custody and disclosure: who holds the reserves, what they are held in, and how often that is attested. Those are the questions that decide whether the peg survives a redemption wave. It is small for a stablecoin, and at this size the peg depends heavily on one or two liquidity pools; thin-book depegs here say more about liquidity than about solvency.

CoinGecko files MUSD under 5 categories, including Stablecoins, Decentralized Finance (DeFi), USD Stablecoin, Sui Ecosystem, Fiat-backed Stablecoin. CoinGecko also records deployments on Sui (92 tracked tokens), so its on-chain liquidity and its user base move with that network.

How to set a Meta USD alert that is worth receiving

Meta USD is the Move coin type at 0xe44d…8722::musd::MUSD on Sui — high dated 2026-05-10 — rank #2975. On this profile the condition that carries signal is a peg-deviation band of roughly ±0.5% of par, with RSI ignored entirely.

Full alert-design method: thresholds, RSI/MACD and volume conditions →