No data
The current real-time price of MST is $0.0194. In the past 24 hours, MST has traded between $0.0194 and $0.0194, showing strong market activity. The all-time high of MST is $0.9217, and the all-time low is $0.0053.
From a short-term perspective, the price change of MST over the past 1 hour is , over the past 24 hours is -0.41%, and over the past 7 days is +0.20%. These figures provide a quick overview of the latest price trends and market dynamics of MST on LBank.-14.70%
The live price of MST today is $0.0194, with a current market cap of $194.929K. The 24-hour trading volume is 4.21. The price of MST to USD is updated in real time.
No data
Before deciding whether to buy or sell MST, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s MST technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for MST.
How much will MST be worth tomorrow, next week, or next month in ? What about your MST assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! MST Price Prediction
To learn more about MST, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
base | 0x1e54...874a78  | 783.789K | 67.39% |
base | 0xb46c...a97c7f | 51,695 | 4.44% |
base | 0xd6f2...bfb7a7 | 47,345 | 4.07% |
base | 0xc75f...881ead | 26,947 | 2.32% |
base | 0xf4cd...626b27 | 22,139 | 1.9% |
Other | 231.173K | 19.88% |
MST is the native staking and governance token of Meridian Finance, a comprehensive DeFi ecosystem offering stablecoins, lending, and trading services. Its primary utility includes staking rewards, where holders earn a share of protocol fees generated from services like Meridian Mint, Trade, and Lend. MST also serves as a governance tool, enabling holders to vote on protocol upgrades and treasury allocations. Furthermore, the protocol implements buyback mechanisms using revenue to create deflationary pressure on the token supply.
Staking rewards are based on the activity across the protocol's four main products. Stakers receive 100% of minting and redemption fees from the stablecoin module, 21% of borrower fees from the lending platform, 30% of fees from leveraged trading positions, and 0.07% of every swap. These rewards are distributed in various assets such as USDM, ETH, or native chain tokens, providing participants with a share of the actual revenue generated by the platform's utility.
Staking MST is generally flexible, allowing users to enter and exit the pool. However, the protocol offers an amplified yield for users who choose to lock their tokens for a designated period, up to a maximum of 12 months. Unlike some other DeFi protocols, staked MST is not utilized as a safety module to cover bad debt or protocol losses; its exclusive purpose within the staking pool is to facilitate the distribution of generated fees to token holders.
MST is designed for cross-chain compatibility, utilizing the LayerZero Omnichain Fungible Token (OFT) standard. It is available on multiple networks including Base, Telos, and Taraxa. To maintain seamless functionality, the protocol underwent a migration to a v2 contract, which improved its ability to move across different chains via a dedicated bridge. This infrastructure allows users to interact with the Meridian ecosystem regardless of which supported blockchain they prefer to use.
MST features a fixed maximum supply of 10,000,000 tokens. The distribution is structured to support the long-term health of the ecosystem, with a significant majority of the tokens already in circulation or actively staked by the community. The remaining supply is typically allocated with 10% dedicated to the Protocol Treasury for future development and 10% reserved for the team and advisors to align long-term incentives with the project's success.
MST is primarily traded on decentralized exchanges across its supported networks, such as Uniswap on Base and Oku Trade on Telos. Because the token exists on multiple chains, users must verify the correct contract address for their specific network to avoid errors. While not currently listed on all major centralized platforms, it remains accessible to the global DeFi community through various liquidity pools. The project's growth provides opportunities for expanded availability on major exchanges in the future.
Just Now
Dear LBank User
Our online customer service system is currently experiencing connection issues. We are working actively to resolve the problem, but at this time we cannot provide an exact recovery timeline. We sincerely apologize for any inconvenience this may cause.
If you need assistance, please contact us via email and we will reply as soon as possible.
Thank you for your understanding and patience.
LBank Customer Support Team
