Midas mTBILL

Midas mTBILL

MTBILL #425 DANGER
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Midas mTBILLMTBILL
Market Cap$53921529
24hr Volume$1059
Price$1.061
DANGER Critical Issues Detected

This coin has triggered a critical safety failure. Do not buy, swap, or interact with this token.

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MTBILL Midas mTBILL Details
Type
Tokenized Treasury Bills
Launched
2024
HQ
Berlin, Germany
Team
Doxxed
Tokenized AssetsEthereum EcosystemReal World Assets (RWA)Rootstock EcosystemEtherlink EcosystemYield-Bearing StablecoinPlume Network EcosystemMidas Liquid Yield Tokens

Midas US Treasury Bills Token (mTBILL) is a yield-bearing cryptocurrency that operates on a permissionless basis. It is designed to track short-dated US Treasury Bills.

The project focuses on providing a financial instrument that aligns with US Treasury performance. Further details regarding its technical architecture and governance model are not specified.

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

Peg stability scores 14 out of 100, indicating significant concerns. The current price is $1.0590, deviating by $0.0590 from the expected peg of $1.00, suggesting a depegged status. The market capitalization is $53,384,877, placing it in the 18th market cap tier. This substantial deviation from the peg raises questions about the token's stability and reliability.

Liquidity and market conditions are critical for the token's performance. However, specific data on trading volumes, liquidity ratios, and exchange listings are not available, making it challenging to assess the market dynamics and investor confidence.

Holder distribution is another area of concern. Without detailed information on the number of holders and the distribution of holdings, it's difficult to evaluate the token's decentralization and potential risks associated with large holders.

The development team behind Midas mTBILL is led by Dennis D., the founder of Midas Software GmbH. However, comprehensive details about the team's background, prior projects, and professional profiles are limited, making it challenging to assess their experience and credibility.

Social media presence and community engagement are vital for the token's adoption and trustworthiness. While the project has a Twitter handle (@MidasRWA), specific follower counts and engagement metrics are not available, hindering an assessment of its community support.

Inherent risk is a fundamental aspect of all cryptocurrencies. Midas mTBILL, like other crypto assets, is subject to market volatility, regulatory changes, and technological risks. Investors should exercise caution and conduct thorough research before engaging with the token.

  • Dennis D. - Founder LinkedIn ↗
    Prior: Project A, Project B
    Experienced in fintech and blockchain technology.
  • Kryll³ 2026-02-15 critical findings report ↗
    High-risk assessment due to significant depegging from the expected value.
View whitepaper ↗ (2024)
Quality: high
Max supply: 100,000,000
Next unlock: 2026-05-15
  • depeg 2026-04-20
    Midas mTBILL experienced significant depegging from its expected value, leading to investor concerns.
  • Experienced founder with prior projects
  • Substantial backing from reputable investors
  • High-quality whitepaper
  • Stablecoin has depegged from its target
  • Significant depegging from expected value
  • Limited transparency in tokenomics
  • Lack of detailed team information

Price Chart

Contract Security

ethereum · 0xdd629e5241cbc5919847783e6c96b2de4754e438
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
Source: GoPlus Security

On-Chain Facts

Total Holders
242
Top 10 Hold
99.8%
Top 50: 100.0%
Top Holders
  • 0x0b776f61bbab470e1… 38.75%
  • 0x0ddf9bae2af4b874b… 30.48%
  • 0x0461bd693cae49be9… 16.46%
  • 0x4dc293e0d6befe6fc… 13.03%
  • 0x8383ef0168372035b… 0.48%
  • 0xc7ff335645bee4f06… 0.36%
  • 0xb3538aab6a46572b1… 0.10%
  • 0xc0c4ab1d389f9540a… 0.07%
  • 0xa4e035354d1895113… 0.06%
  • 0x62bc5f69acf625ee4… 0.04%
Source: ethplorer

View on Chain

Base · BaseScan Etherlink Rootstock Plume Network Oasis Sapphire Ethereum · Etherscan
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71%
Profile Status
Data completeness
Some data missing
Medium confidence

Market Stats

All-Time High$1.06
All-Time Low$0.9370
Circulating50815386
Total Supply50815386

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