# Mountain Protocol

**Canonical:** https://apis.io/providers/mountain-protocol/  
**Website:** https://mountainprotocol.com  
**APIs profiled:** 0

Mountain Protocol is the issuer of USDM, a regulated, institutional-grade yield-bearing stablecoin backed by short-term US Treasury securities that pays daily rewards to holders through an ERC20 rebasing token. The company operated a Primary-User account platform with a private REST API for depositing and withdrawing USDM and USDC, querying account balances, and checking USDC liquidity, alongside on-chain proof-of-reserves and a smart-contract security program audited by OpenZeppelin with an Immunefi bug bounty. As of 2025 the protocol entered an orderly wind-down: the primary market closed on August 22, 2025, redemptions moved to secondary markets, and Phase 3 provides on-chain proof-of-reserves so holders can independently verify USDM backing. Backed by Multicoin Capital.

## Kin Score — 18.3 / 100 (emerging)

Scored 2026-08-20 under rubric 0.12.0. Trend: flat (+0.0 from 18.3).

| Facet | Score |
|---|---|
| Discoverability | 57.4 |
| Contract Quality | 0.0 |
| Governance | 0.0 |
| Contract Governance | 0.0 |
| Operational Transparency | 13.2 |
| Developer Ergonomics | 33.3 |
| Commercial Clarity | 21.1 |
| Access Clarity | 21.1 |

## Agent readiness — 0.0 (human-only)

| Dimension | Value |
|---|---|
| Spec Presence | no |
| Agentic Access | no |
| Reversibility Documented | no |
| MCP Server | no |
| Auth Clarity | no |
| Idempotency | no |
| Error Semantics | no |
| OpenAPI Examples | no |
| Rate Limit Signal | no |
| Event Surface Described | no |
| Agent Skills | no |
| Well Known Catalog | no |
| Consent Identity | no |
| Agent Card | no |
| Dry Run Mode | no |

## Access

Unknown — onboarding: unknown, pricing: unknown, trial: no (confidence: low).

## Security (2)

- **Mountain Protocol Domain Security** — TLSv1.3 · HSTS · DNSSEC · DMARC
- **Mountain Protocol Vulnerability Disclosure** — contact published

## Tags

Company, Crypto Web3, Stablecoins, DeFi, Digital Assets, Blockchain, Ethereum, Financial-Services, Yield

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Profiled by [API Evangelist](https://apievangelist.com) and published on [APIs.io](https://apis.io/providers/mountain-protocol/). Scores are computed from the provider's own public artifacts under a published rubric.