Back to Organizations
Mirage Protocol
Mirage Protocol is a liquidity layer on the Move blockchain that uses synthetic assets to support various financial products, including a high-performance perpetuals DEX. It sources liquidity through its overcollateralized stablecoin, mUSD, and is built for Move-based ecosystems like Aptos and Movement.
Distributed
Mirage Protocol
Project Links
Description
Mirage Protocol is a decentralized finance (DeFi) platform built on Move-based blockchains like Aptos and Movement. It offers a composable liquidity layer powered by synthetic assets, enabling users to mint the yield-bearing stablecoin mUSD by depositing high-quality collateral. mUSD can be utilized across various DeFi strategies, including leveraged trading on Mirage’s perpetual DEX with up to 100x leverage. The protocol’s governance is managed through the MIRA token, which allows holders to influence protocol changes and earn a share of platform fees.Category: DeFi
TVL: $674
Chains: