Is Midas M1 USD Market Neutral (MM1-USD) halal or haram?
Not screened yet
We have not run our Shariah screening on Midas M1 USD Market Neutral yet, so we are not giving a ruling on this page. What is below is what we have gathered and checked ourselves, without any AI: where the coin lives, its supply, what its own blockchain says about who can freeze or create coins, and the project's own documents.
What it is
mM1-USD is a market-neutral DeFi yield strategy designed to generate USD-denominated returns using structured yield approaches deployed across multiple blockchain ecosystems.
The basics
- Where it lives
- token on ethereum
- Circulating supply
- 25,607,061 MM1-USD
- Total supply
- 25,607,061 MM1-USD
- Category
- Ethereum Ecosystem, Midas Liquid Yield Tokens
Who controls the coins
Read from the token's verified contract on Ethereum (0xcc5c22c7a6bcc25e66726aef011dde74289ed203) on 2026-09-23: it has mint (held by an account we could not identify), burn (held by an account we could not identify), pause (held by an account we could not identify); what these allow is checked at screening. Its code can be replaced by whoever holds the upgrade power.
Whether anyone can freeze a holder's balance, or create new coins, is part of our screening. This much is read straight from the blockchain, so it is already established before any screening runs.
The project's own sources
Checked on 23 September 2026. Every address above was fetched once to confirm it loads.