Main Street USD
MSUSD Rank #559Price chart
What is Main Street USD?
Stablecoin and issuance
The documented minting route exchanges USDC for msUSD after identity verification. Direct redemption also requires the platform's identity checks. The stablecoin is available through supported secondary markets. Its current architecture includes an Ethereum token and dedicated minting contracts. LayerZero's OFT framework provides its cross-chain design. The amount issued changes through the minting and redemption process.
Staking and strategy exposure
Holders can stake msUSD to receive msY. The strategy token accrues returns from options box spreads. These structures combine matched call and put positions to create financing exposure. Trading and custody arrangements connect the on-chain token system with off-chain execution. The strategy position's liquidity depends on those operational arrangements. msUSD's stablecoin role and msY's investment exposure therefore occupy separate parts of the protocol.
Where to trade MSUSD
3 exchanges · top 10
Live spot quotes from connected exchanges
MSUSD funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.