Autonomous and non-custodial stablecoin infrastructure.

We’re hiring ➔

mStable combines lending income with trading fees to produce higher yielding assets.


Swap USD stablecoins with zero-slippage


USD savings account for anyone, anywhere


All contributors can earn MTA to govern the protocol


Governed by a global community

Protocol docs

Secure, non-custodial contracts

Smart contract security is mStable’s first priority.

The mStable protocol was fully audited by Consensys Diligence and no critical bugs were found.

Consensys Audit


Code quality is high and the code is well-documented. Test coverage is outstanding with near-100% branch coverage. The code adheres to best practices and does not contain trivial bugs.

Bug Bounty Program

An open reward pool for discovering and reporting vulnerabilities in mStable is ongoing, with rewards of up to US$50,000.

An open & decentralised ecosystem

mStable is governed by MTA holders who have staked their tokens to vote on proposals. mStable's governance goes through a process where consensus is reached in progressively concrete stages.

Proposals and ideas are surfaced on the Discord or public forum, and are finalised by on-chain signalling by MTA holders.

Join us and get informed