Midas mHYPER (mHYPER) stablecoin analytics
mHYPER is a Midas NAV-accreting liquid-yield token wrapping Hyperithm market-neutral stablecoin strategies; permissioned mint/redeem, not a fixed $1 peg.
Static Profile
Static stablecoin profile
Midas mHYPER (mHYPER) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated May 15, 2026
Midas-wrapped Hyperithm market-neutral strategy token with a live Chainlink NAV feed; high-risk institutional strategy exposure, not a cash reserve. mHYPER wraps a Hyperithm-managed market-neutral stablecoin strategy through Midas. The checked-in metadata includes the Katana...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- Hyperithm-managed market-neutral stablecoin strategies across on-chain markets and institutional execution venues, held under Fordefi MPC custody (manager holds the trading key share, Midas holds an admin/policy share). Tokenholders hold a qualified subordinated claim against Midas (no ownership of the underlying assets), secured by a Security Agent lien on the Collateral Account for tokenholders.
- Peg Mechanism
- NAV-accreting tokenized debt instrument (blockchain-based certificate under German law), not a fixed $1 peg; value tracks the daily NAV of the Hyperithm-managed market-neutral reference portfolio. Primary mint/redeem only via permissioned Midas DepositVault/RedemptionVault for greenlisted users with NAV conversion settled off-chain by the issuer; instant redemptions are facilitated through Midas Staked Liquidity (MSL). No 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 Attestation Engine: on-chain NAV/proof-of-reserves/price, independently verified via Chainlink, Canary, LlamaRisk and vLayer (launched first on mHYPER) Reserve source
Snippet Answer
Is mHYPER safe?
Pharos does not mark mHYPER as absolutely safe. Static metadata says Midas mHYPER uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with Self-Reported PoR from Midas Attestation Engine: on-chain NAV/proof-of-reserves/price, independently verified via Chainlink, Canary, LlamaRisk and vLayer (launched first on mHYPER); 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 mhyper-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 May 15, 2026.
mHYPER quick answers
What is Midas mHYPER (mHYPER)?
mHYPER is a Midas NAV-accreting liquid-yield token wrapping Hyperithm market-neutral stablecoin strategies; permissioned mint/redeem, not a fixed $1 peg. The static profile records its US Dollar peg mechanism as: NAV-accreting tokenized debt instrument (blockchain-based certificate under German law), not a fixed $1 peg; value tracks the daily NAV of the Hyperithm-managed market-neutral reference portfolio. Primary mint/redeem only via permissioned...
What backs mHYPER?
Pharos classifies mHYPER backing as Crypto-Collateralized. Collateral, per the static profile: Hyperithm-managed market-neutral stablecoin strategies across on-chain markets and institutional execution venues, held under Fordefi MPC custody (manager holds the trading key share, Midas holds an admin/policy share). Tokenholders hold... Reserve evidence: Self-Reported PoR from Midas Attestation Engine: on-chain NAV/proof-of-reserves/price, independently verified via Chainlink, Canary, LlamaRisk and vLayer (launched first on mHYPER).
Can mHYPER 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 mHYPER, when applicable, appear in the dossier below.