desertstars
shiny stones

mint, earn, and trade.

the composable liquidity layer powering DeFi's next frontier. deposit collateral and a borrow a self-repaying stablecoin loan powered by perps.

trade freely

fully onchain perps with a CEX-like experience. execute trades instantly, with low fees and up to 100x leverage.

start trading

earn yield with vaults

mint mUSD using high-quality collateral and earn yield. utilize mUSD across the Move ecosystem using a variety of leverage or hedging strategies.

mint musd

tokenized everything

everything on mirage is tokenized. vaults, open positions, limit orders, are NFTs. check positions from your wallet or trade them on the secondary market.

explore the docs

two tokens. distinct utility.

unlock DeFi with powerful yield-bearing assets.

mUSD

mUSD

a stablecoin with DeFi yield

mUSD is the synthetic dollar at the core of mirage. it serves as margin on the mirage market and earns the majority of fees generated by trading activity.

learn more
mira

mira

control the future of mirage

the mira token rewards holders with platform fees and allows them to directly influence changes to the protocol — from fee adjustments to the rollout of new assets, trading pairs, and protocol upgrades.

explore governance
mirage logo

the vision behind mirage is simple: deliver a platform that allows LPs to seamlessly tap into yields generated by a variety of cutting-edge financial products.

launch app
mirage app screenshot