Mirror Protocol Price
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Price Statistics
MIR Live Price Summary
As of May 23, 2026, the total market cap is $407.18K with a change of +0.72% in the last 24 hours. The price of MIR today is $0.00523716. The 24 hour trading volume is $1.70K. The circulating supply of MIR is 77.74M with a maximum supply of 370.57M. MIR ranks 3987 by market cap. The highest price in the last 24 hours is $0.00540349. The lowest price in the last 24 hours is $0.00508878.
Mirror Protocol price analysis by TradeGPT
- Currently, MIR is being boosted by the improving macro climate, leading to a recovery in market sentiment and strengthening short-term buying interest.
- However, from a technical perspective, MIR remains in a choppy range near key resistance levels (suggested focus on the $0.
- 035-$0.
- 038 area), with the trend still unclear.
- With limited fundamental drivers, a short-term rebound may occur but there is selling pressure at higher levels.
- Investors are advised to closely monitor trading volume and support strength (with $0.
- 030 as a key support), avoid chasing high prices, and consider phased profit-taking and dynamic stop-loss strategies to cope with volatility risks caused by unresolved long-short divergences.
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About Mirror Protocol (MIR)
What Is Mirror Protocol (MIR)?
MIR is the native token of Mirror Protocol, and is based on Terra’s fungible CW20 token standard. Mirror Protocol, a decentralized finance (DeFi) app created by Terraform Labs, lets its users create synthetic crypto assets called mAssets that mirror the price movements of real-world assets.
The real-world assets are primarily based on stocks of well-known companies or popular cryptocurrencies, while the mAssets allow you to access the underlying real-world assets without actually holding them. Some examples of the available mAssets are mBTC (for Bitcoin), mETH (for Ether) and mTSLA (for Tesla stock), to name a few.
To mint an mAsset, you need to provide collateral in a range of cryptocurrencies. The typical collateral-to-loan ratio is around 2:1 (200%).
Mirror Protocol is built on the Terra blockchain, which uses the Terra Bridge for interchain transfers between Ethereum, BNB Smart Chain and Terra. Mirror sources its liquidity and offers from Terraswap, an automated market maker (AMM) protocol on Terra.
Besides the mAsset issuance, the Mirror Protocol offers staking, liquidity farming and coin swaps, which use MIR and the mAsset tokens.
Mirror Protocol Price (MIR)
MIR started trading in December 2020 at around $1.30. In its first few days on the market, the token declined to slightly under $1, and then set out on an impressive growth trajectory for the next few months. By mid-April 2021, MIR’s price rose to an all-time high of $12.90.
The token remained above $10 until early May 2021, quickly declining to around $4 by the end of the month. After this sharp slump, MIR gradually trended down to near $1 by early May 2022, when the Terra blockchain collapse unfolded. As a result of the Terra fiasco, the MIR token quickly lost three-fourths of its value in mid-May 2022 and was worth around $0.24 by May 14. Since the crash, MIR has remained remarkably stable, trading between $0.15 and $0.25.
What Is MIR Used For?
MIR is used for staking and liquidity provision, and for Mirror Protocol governance. The project’s white paper specifies the theoretical possibility of using MIR as one of the collateral tokens for mAsset issuance. However, MIR is not currently used in that capacity for any mAsset token.
Staking on the Mirror Protocol using MIR is possible via the MIR/UST trading pool. When you stake tokens in the pool, you’re issued liquidity provider (LP) tokens, which represent your investment. LP tokens are also issued when you add liquidity to mAsset/UST token pools. You can further invest LP tokens on the protocol’s yield farms to earn MIR rewards.
Staking MIR tokens also gives you the right to vote on proposals concerning the protocol.
MIR Tokenomics
MIR’s total and max supply are 370,575,000. MIR’s distribution shares to allocate the total supply have been specified as follows:
- 2.47% — Airdrop to UNI holders
- 45.14% — mAsset liquidity
- 10.42% — MIR liquidity
- 7.4% — LUNA staking
- 34.57% — Community Development Fund
Who Is the Founder of Mirror Protocol?
Mirror Protocol’s co-founders are Terraform Labs creators Daniel Shin and Do Kwon.
How to Store MIR
The MIR token is based on the CW-20 standard, which is commonly stored in wallets including Terra Station, Leap Wallet and XDEFI Wallet.
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Frequently Asked Questions about MIR(Mirror Protocol)
- As of May 23, 2026, Mirror Protocol (MIR) is trading at $0.00523716.
- In the last 24 hours, the lowest price is $0.00508878, and the highest price is $0.00540349, with a trading volume of $1.70K.
- The market cap is $407.18K, ranking it #3987 among all cryptocurrencies.
Disclaimer
Investments in cryptocurrencies, including but not limited to purchasing Mirror Protocol and other digital assets through Bybit, carry significant market risk. Should the digital asset you are seeking not be currently available on Bybit, please be advised that it will be introduced in the near future. Bybit disclaims all liability for any results or outcomes of such investments. The information regarding pricing and other relevant data presented herein is derived from publicly available sources and should not be construed as financial advice or a recommendation, or an offer to buy, sell, or hold any form of digital assets. Investors are urged to thoroughly evaluate their financial capacity for trading or holding digital assets and are advised to seek consultation from qualified legal, tax, or investment professionals based on individual circumstances. For comprehensive details, please review Bybit's Terms of Service.
Price History (USD)
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