Mirror Protocol

Mirror Protocol Price

mir

$0.01446284arrow+3.07%
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Last updated: 2025-07-15 05:03:58

Price Statistics

Market Cap
2.26M
24H Volume
70.39K
All-Time High
12.90
Circulating Supply
156.06M

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Trade on Our Spot Market

Buy and sell crypto with real-time Spot prices—zero delays.

Trade in our Spot Market
Trade

Convert Your Crypto

Convert crypto at zero cost—fast, secure, and easy.

Convert Your Crypto
Convert

Earn Crypto Passively

Earn passive rewards—simply deposit your funds and watch them grow.

Earn Crypto Passively
Earn

Crypto Pre-Market Listings

Get early access to new tokens—trade them before they’re officially listed.

Crypto Pre-market Listings
Trade Now

Trade on Our Spot Market

Buy and sell crypto with real-time Spot prices—zero delays.

Trade in our Spot Market
Trade

Convert Your Crypto

Convert crypto at zero cost—fast, secure, and easy.

Convert Your Crypto
Convert

Earn Crypto Passively

Earn passive rewards—simply deposit your funds and watch them grow.

Earn Crypto Passively
Earn

Crypto Pre-Market Listings

Get early access to new tokens—trade them before they’re officially listed.

Crypto Pre-market Listings
Trade Now

Price History (USD)

Live MIR Price Summary

As of Jul 15, 2025, the global cryptocurrency market cap is $2.26M with a +3.07% change in the last 24 hours. MIR's current price is $0.01446284, with a 24-hour trading volume of $70.39K. MIR is +3.07% in the last 24 hours, with a circulating supply of 156.06M MIR coins and a maximum supply of 370.57M MIR coins. MIR ranks 2892 by market cap. It has a 24H high of $0.0149209 recorded on Jul 15, 2025, and its 24H low so far is $0.01402125, recorded on Jul 15, 2025.

What Is the Highest Price of MIR?

MIR has an all-time high (ATH) of $12.90 , recorded on Apr 10, 2021.

What Is the Lowest Price of MIR?

MIR has an all-time low (ATL) of $0.00979425, recorded on Nov 21, 2023.

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 (FAQ)

How much is Mirror Protocol today?

As of Jul 15, 2025, the current trading price of Mirror Protocol (MIR) is $0.01446284. Over the past 24 hours, the price has ranged between a low of $0.01402125 and a high of $0.0149209, accompanied by a trading volume of $70.39K. The overall market capitalization is $2.26M, positioning it at rank #2892 among other cryptocurrencies.

How much is one Mirror Protocol ?

At this moment, one unit of Mirror Protocol is valued at $0.01446284. Please note that due to market fluctuations, this price may vary throughout the day.

How to invest in Mirror Protocol ?

Investing in Mirror Protocol begins with comprehensive research into its market performance and potential risks. Start by reviewing its current price of $0.01446284, along with its recent 24-hour trading range—from $0.01402125 to $0.0149209—and its overall market cap of $2.26M. To get started, create a Bybit account, complete Identity Verification Lv. 1, and then deposit funds either via fiat or by transferring another cryptocurrency. After your account is set up and funded, you can navigate to the Bybit trading interface where you can place an order for Mirror Protocol. Finally, consider transferring your coins to a secure wallet to ensure their safety.

Where to buy Mirror Protocol?

To purchase Mirror Protocol on Bybit. You can easily sign up, fund your Bybit account, and start trading, making it easy for both beginners and experienced traders to buy cryptocurrencies. Alternatively, you can just click on the buy/trade button above.

How to buy Mirror Protocol?

To buy Mirror Protocol on Bybit, start by signing up for an account on the Bybit platform and completing Identity Verification Lv. 1 to comply with KYC requirements. After your account is verified, deposit funds using your preferred method—Bybit supports both fiat deposits (depending on your region) and cryptocurrency transfers. With funds in your account, navigate to the trading section where you can search for Mirror Protocol (often listed under its symbol, MIR). You can then place an order—choosing either a market order for an immediate purchase at the current price of $0.01446284 or a limit order if you prefer to set your own price. Once the order is executed, your Mirror Protocol will be credited to your Bybit wallet, where you can choose to keep them or transfer them to another secure wallet.

How to sell Mirror Protocol?

Selling Mirror Protocol on Bybit follows a process similar to buying. Begin by logging into your Bybit account and navigating to the trading interface. Locate Mirror Protocol within your portfolio or the market listings. When you are ready to sell, decide whether to use a market order for a quick sale at the prevailing price, or a limit order if you wish to set a specific selling price. Once your order is placed and executed, the funds from the sale will be available in your account. You can then choose to withdraw these funds to your bank account or convert them into another cryptocurrency, according to your investment strategy.

Is Mirror Protocol a good investment?

Determining if Mirror Protocol is a suitable investment depends on several factors, including your risk tolerance, market research, and long-term financial goals. With a current price of $0.01446284 and a market capitalization of $2.26M (ranking it at #2892), Mirror Protocol has demonstrated significant activity. Its 24-hour trading range—from $0.01402125 to $0.0149209—and historical performance, highlighted by an all-time high of $12.90 on Apr 10, 2021 and an all-time low of $0.00979425 on Nov 21, 2023, provide valuable context. While these metrics are promising, it is essential to conduct your own research and consider professional financial advice to determine if this asset fits into your portfolio strategy.

How many Mirror Protocol are there?

Currently, there are 156.06M units of Mirror Protocol in circulation, with a maximum supply capped at 370.57M. These figures are important to consider when evaluating scarcity and potential market dynamics, and they can change over time due to network updates or new coin emissions.

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. This content does not reflect the official stance of Bybit and should not be construed as investment advice, 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.

Mirror Protocol Resources

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