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Pharos

Midas mMEV (mMEV) stablecoin analytics

mMEV is a Midas NAV-accreting liquid-yield token wrapping MEV Capital's DeFi lending, liquidity, arbitrage, and liquidation strategies; not a fixed $1 peg.

Static Profile

Static stablecoin profile

Midas mMEV (mMEV) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.

AI summary / Updated Jun 12, 2026

mMEV is a Midas NAV token tied to MEV Capital's DeFi lending, liquidity, arbitrage, carry, and liquidation strategies, which is a long way of saying the dollar reference is doing more work than the cash reserve. The token accrues through NAV appreciation and mints or redeems...

AI summary · drafted by gpt-5-codex · reviewed by Codex data review on Jun 12, 2026 · facts as of Jun 12, 2026

Collateral
MEV Capital-managed DeFi lending, liquidity, arbitrage, carry, and liquidation strategies allocated through Midas liquid-yield token rails.
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
Contracts
3 deployments tracked across Ethereum, Plume, and Etherlink.

Snippet Answer

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.

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 Jun 12, 2026.

mMEV quick answers

What is Midas mMEV (mMEV)?

mMEV is a Midas NAV-accreting liquid-yield token wrapping MEV Capital's DeFi lending, liquidity, arbitrage, and liquidation strategies; not a fixed $1 peg. The static profile records its US Dollar peg mechanism as: Midas NAV-accreting liquid-yield token with primary mint/redeem through Midas rails; it does not maintain a fixed $1 redemption floor.

What backs mMEV?

Pharos classifies mMEV backing as Crypto-Collateralized. Collateral, per the static profile: MEV Capital-managed DeFi lending, liquidity, arbitrage, carry, and liquidation strategies allocated through Midas liquid-yield token rails. 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.