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HostDeFi › USDM › Indian Rupee (INR)

USD Mapped Token to Indian Rupee

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USDM·Ethereum·USD page

₹94.56per 1 USDM
USDM=₹94.56INR
Price (USD)
$0.9963
Price (INR)
₹94.56
USD → INR rate
94.91
Market cap (USD)
$6.50B
Market cap (INR)
₹616,794,023,158.32
Volume 24h (USD, DEX)
$7.97M
Volume 24h (INR)
₹756,713,219.04

USD Mapped Token to Indian Rupee conversion table

USDMINRINRUSDM
1 USDM₹94.56₹10.0106 USDM
5 USDM₹472.78₹10.000.106 USDM
10 USDM₹945.56₹100.001.058 USDM
25 USDM₹2,363.91₹1,00010.58 USDM
50 USDM₹4,727.82₹10,000105.8 USDM
100 USDM₹9,455.64
500 USDM₹47,278.19
1,000 USDM₹94,556.38

USD Mapped Token price in Indian Rupee — last 7 snapshots

DatePrice (INR)Price (USD)
2026-11-02₹94.56$0.9963
2026-10-31₹94.76$0.9985
2026-10-30₹94.96$1.00
2026-10-26₹95.42$1.01
2026-10-25₹95.43$1.01
2026-10-24₹94.68$0.9976
2026-10-22₹94.76$0.9984

Each row is a dated USD measurement re-priced at the 2026-11-02 ECB reference — the fiat column moves with the rate even when the token's own USD read has not changed.

What the data says about USD Mapped Token

USDM is Mountain Protocol's yield-bearing dollar — a regulated, rebasing stablecoin that pays T-bill yield to holders by growing their balance rather than requiring a stake contract. The deployment 0xbbaec992fc2d637151daf40451f160bf85f3c8c1 is the Ethereum mint; our October 6, 2026 snapshot reads $57 million of tracked pool liquidity.

The honest mechanics: rebasing means balance and "value" move together — a wallet holding USDM sees the unit count tick up daily as yield accrues, which is elegant until accounting or a DeFi pool assumes a static balance. Regulated in Bermuda, permissioned to hold — both the feature set and the limitation come from the same compliance posture.

Full USDM safety read →

Other USD Mapped Token conversions

How this conversion works

The token side is HostDeFi's own measured read — the newest of our intraday, daily-snapshot or corpus figures, taken 2026-11-02 18:16:06. The currency side is the ECB daily reference rate, 1 USD = 94.91 INR, dated 2026-11-02. Both inputs are dated because both drift; the figure above is the product of the two, not a venue quote.

FAQ

How much is 1 USDM in Indian Rupee?

1 USDM = ₹94.56 at a token price of $0.9963 USD (2026-11-02 18:16:06) and the ECB USD→INR rate of 94.91 (2026-11-02).

What is the USDM to INR exchange rate?

USDM trades at ₹94.56 per unit in Indian Rupee terms, from the same measured USD read. The conversion uses the ECB reference rate dated 2026-11-02, not a crypto exchange quote.

Where does the USDM price in INR come from?

The token side is HostDeFi's own measured on-chain read (2026-11-02 18:16:06), converted at the ECB daily USD→INR reference of 94.91. It is not a venue quote — the figure is the product of the two dated inputs.

How do I convert USDM to Indian Rupee?

The table above prices common USDM amounts in Indian Rupee; enter any amount in the converter for other quantities. To actually swap, use the non-custodial trade link — the conversion figure here is a reference rate, not a quote.

Independent on-chain data — prices, pool depth and safety grades are measured by HostDeFi; not affiliated with the venues listed.