The $MST Token
$MST serves as the governance token for the Meridian Finance protocol, allowing its holders to earn a majority of the fees generated by Meridian Finance products.
Last updated
$MST serves as the governance token for the Meridian Finance protocol, allowing its holders to earn a majority of the fees generated by Meridian Finance products.
Last updated
Meridian Staking Token (MST) is the secondary token issued by the Meridian protocol. It captures fee revenue that is generated by the system and incentivises early adopters. MST is a tradable ERC20 token, available on leading DEXs across most networks where Meridian Finance is deployed. You can easily check the current liquidity pools and the price of MST through Meridian's token portal.
MST follows a "fair launch" model, ensuring decentralization and transparency. MST can only be acquired through purchases on supported DEXs, with occasional campaigns offering additional incentives in MST tokens. Stay updated via the Meridian announcement channel here.
The MST token is designed to capture value from the Meridian Finance protocol through three key strategies. Click on each to learn more:
Yes. MST can be used as a governance token for voting on important proposals.
MST is acquired in two ways:
Purchasing through leading DEXs - Token Portal.
Special campaigns that distribute MST for supplying liquidity on product launches, follow the announcements channel.
MST holders can stake their tokens to earn fees generated by all Meridian Finance products, including fees from USDM minting and redemptions, borrowing fees, perpetual trading fees, and swap fees.
The MST distribution model follows a no-inflation approach since 2025 year launch. Learn more about the tokenomics here.
Information on MST's genesis allocations can be found here.
