Prisma mkUSD

Prisma mkUSD (MKUSD)

Full information about Prisma mkUSD (MKUSD). Current Prisma mkUSD price in CLF, MKUSD open/close rates, Prisma mkUSD history charts, Prisma mkUSD market capitalization and volume.

1 MKUSD = 0.022 CLF Chilean Unit of Account (UF) (CLF)
1.0005298 CLF

Last updated: 2026-01-18 13:23:00 UTC - about 4 hours ago 1 USD = 0.022456 CLF

General information
Global rank:2736
Name: Prisma mkUSD Prisma mkUSD
Symbol:MKUSD
Current coin price (CLF):0.022 CLF
Last hour:arrow_upward0.000000 %
Last 24 hours:arrow_downward-0.030 %
Last 7 days:0.010 %trending_up
Capitalisation (CLF):5 509.74 CLF
Volume 24h (CLF):0.000000 CLF
Available supply:245 228.00 MKUSD
Total coin supply:-1 MKUSD
Start date:2023-08-30
Last updated: 2026-01-18 13:23:00 UTC - about 4 hours ago

Prisma mkUSD/Chilean Unit of Account (UF) (MKUSD/CLF) price chart

Prisma mkUSD/Chilean Unit of Account (UF) (MKUSD/CLF) capitalisation and volume charts

What is Prisma mkUSD (MKUSD)?

MKUSD is a decentralized stablecoin, fully collateralized by liquid staking tokens. It is part of the Prisma decentralized borrowing protocol. The protocol is non-custodial, immutable, and censorship-resistant, focusing on the utilization of Ethereum liquid staking tokens (LSTs). MKUSD is designed to provide a stable and secure option within the volatile cryptocurrency market.

What is Prisma mkUSD (MKUSD) used for?

MKUSD offers a mechanism for users to mint a stablecoin by depositing specific liquid staking tokens in a vault. If the collateral ratio falls below a certain threshold (120%), the vault is subject to liquidation. This process is managed by a stability pool that oversees the liquidated debt and distributes collateral to providers. The minted MKUSD can then be used on other DeFi platforms or exchanged back for liquid-staking tokens. This system offers users a versatile and secure way to engage with the broader DeFi ecosystem.