Midas mBTC MBTC

What MBTC actually is on-chain

Midas mBTC is an ERC-20 deployed on Ethereum, at contract address 0x007115416ab6c266329a03b09a8aa39ac2ef7d9d. That address, not the ticker MBTC, is what uniquely identifies this asset: anyone can deploy a second token calling itself MBTC, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, MBTC is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in MBTC itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

Another asset tracked on this site also uses the ticker MBTC: MAGA Bitcoin (Base, 0xAcC1…10CF). The asset on this page is specifically the Ethereum deployment at 0x0071…7d9d. 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 MBTC the project publishes a whitepaper and an active account as @MidasRWA. 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 MBTC sits in the market

Midas mBTC ranks #2548, 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 MBTC 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. MBTC is a Ethereum asset, so whatever turnover exists is most likely in Uniswap-style AMM pools rather than on a centralised book, and every fill there costs ETH in gas on top of the pool's own fee.

MBTC against its all-time high

Midas mBTC's record high is $129,847, set on 2025-10-06. A high in this range means MBTC carries a meaningful unit price, so round-number levels near the peak tend to be watched as references in their own right. It was set about a year ago, so it belongs to the current cycle but not to current conditions. We are not quoting a drawdown from it because no tracked venue is giving us a live MBTC price — a stale or single-pool number would make that percentage look precise when it is not.

MBTC across its historical range

The recorded range is comparatively narrow: 2.08x between $62,430 and $129,847. Either the price history is short, or the asset is designed not to move.

The record low of $62,430 was printed on 2026-02-06 — about a year ago. We have no live quote to measure the current distance from it.

MBTC supply and valuation data

Supply figures for MBTC 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 $1.7 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.

Because that valuation is a snapshot rather than a live figure, we deliberately do not back out a supply number from it — the price has moved since, and the division would produce a confident-looking token count that is simply wrong. Check the project's own explorer for the current supply before using any per-token valuation. The authoritative figure is the one etherscan.io reports for this contract.

What kind of asset MBTC is

Midas mBTC trades primarily as an ecosystem asset rather than as a base-layer network of its own, which means it carries a beta to its host chain. When the host chain's native asset rallies, tokens in its ecosystem typically amplify the move in both directions, and liquidity for them is concentrated on that chain's venues.

CoinGecko files MBTC under 3 categories, including Tokenized BTC, Ethereum Ecosystem, Midas Liquid Yield Tokens. CoinGecko also records deployments on Ethereum (3,072 tracked tokens), so its on-chain liquidity and its user base move with that network.

How to set a Midas mBTC alert that is worth receiving

Midas mBTC is the ERC-20 at 0x0071…7d9d on Ethereum — high dated 2025-10-06 — rank #2548. On this profile the condition that carries signal is a volume-surge condition on the 1-hour or 4-hour candle paired with a wide price threshold.

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