Midas mMEV (mMEV) stablecoin analytics
Answer First
What is Midas mMEV (mMEV)?
Midas's NAV-accreting liquid-yield token wraps market-neutral DeFi; RockawayX manages it since February 2026 (formerly MEV Capital); it tracks NAV, not $1 peg. The static profile records its US Dollar-denominated NAV accounting mechanism as: Midas NAV-accreting liquid-yield token with primary mint/redeem through Midas rails; it does not maintain a fixed $1 redemption floor.
Is mMEV safe?
Pharos does not mark mMEV as absolutely safe. Static metadata says Midas mMEV uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with Self-Reported PoR from Midas transparency dashboard and issuer disclosures; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Midas mMEV (mMEV) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar-denominated NAV.
AI summary / Updated Sep 7, 2026
mMEV is a Midas NAV token whose original strategy manager no longer runs it: Midas ended its MEV Capital partnership in February 2026 and handed strategy and risk oversight to RockawayX. The token accrues through NAV appreciation and mints or redeems through Midas rails rather than through an open par redemption path built for payments. Daily self-reported Midas transparency gives Pharos a valuation route, but the underlying strategy remains a high-risk, dynamically allocated DeFi book whose current positions...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- Market-neutral DeFi lending, liquidity, arbitrage, carry, and liquidation strategies allocated through Midas liquid-yield token rails; strategy manager is RockawayX (appointed February 2026, replacing MEV Capital after Midas terminated that partnership).
- Peg Mechanism
- Midas NAV-accreting liquid-yield token with primary mint/redeem through Midas rails; it does not maintain a fixed $1 redemption floor.
- Jurisdiction
- Germany / Liechtenstein FMA (prospectus-approving authority only; issuer not FMA-licensed) / EU-Prospectus-Regulation-approved tokenized debt instrument (blockchain-based certificate under German law); EEA-restricted, not available to U.S. retail persons
- Proof Of Reserves
- Self-Reported PoR by Midas transparency dashboard and issuer disclosures Reserve source
Next Actions
Exact bot target: /subscribe dews,depeg,safety mmev-midas
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
mMEV quick answers
What is Midas mMEV (mMEV)?
Midas's NAV-accreting liquid-yield token wraps market-neutral DeFi; RockawayX manages it since February 2026 (formerly MEV Capital); it tracks NAV, not $1 peg. The static profile records its US Dollar-denominated NAV accounting mechanism as: Midas NAV-accreting liquid-yield token with primary mint/redeem through Midas rails; it does not maintain a fixed $1 redemption floor.
Is mMEV safe?
Pharos does not mark mMEV as absolutely safe. Static metadata says Midas mMEV uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with Self-Reported PoR from Midas transparency dashboard and issuer disclosures; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs mMEV?
Pharos classifies mMEV backing as Crypto-Collateralized. Collateral, per the static profile: Market-neutral DeFi lending, liquidity, arbitrage, carry, and liquidation strategies allocated through Midas liquid-yield token rails; strategy manager is RockawayX (appointed February 2026, replacing MEV Capital after Midas terminated... Reserve evidence: Self-Reported PoR from Midas transparency dashboard and issuer disclosures.
Can mMEV be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for mMEV, when applicable, appear in the dossier below.
