MAI (MIMATIC)
CryptoScore Pro global score : 68/100 (computed on 2026-10-30)
MAI, trading under the symbol MIMATIC, is a decentralized, fiat-backed stablecoin designed to maintain a 1:1 peg with the US dollar, operating primarily on the Polygon Proof-of-Stake (PoS) blockchain. Unlike centralized stablecoins such as USDT or USDC, MAI is overcollateralized by crypto assets, allowing users to mint MAI by locking supported tokens as collateral through the QiDao protocol. This positions MAI as a critical infrastructure piece within the Polygon ecosystem, catering to DeFi users, traders, and developers seeking capital efficiency without relying on traditional banking intermediaries. Its multi-chain deployment—spanning 16 blockchains including Ethereum, Avalanche, and Arbitrum—amplifies its utility, enabling seamless cross-chain liquidity and reducing fragmentation in decentralized finance. For Polygon, MAI serves as a native stablecoin alternative, fostering deeper integration with lending, yield farming, and payment applications, while its overcollateralized model addresses concerns about transparency and solvency that have plagued algorithmic stablecoins. The technical architecture of MAI is built on the QiDao protocol, a decentralized lending platform that…
Scores by pillar
| Technology | 62/100 |
|---|---|
| Tokenomics | 73/100 |
| Team | 66/100 |
| Adoption | 72/100 |
| Liquidity | 40/100 |
| Compliance | 75/100 |
Market data
| Price | $0.9931 |
|---|---|
| Market cap | $11.78M |
| 24h volume | $33,423.32 |
| Market cap rank | #1229 |
| 24h change | -0.07% |
| 7d change | -0.15% |
| Blockchain | polygon-pos |
| Sector | Polygon (MATIC) Token |
Analysis
The MAI asset serves as infrastructure on Polygon. It is a stablecoin, a stable-value asset, overcollateralized by crypto-assets via the QiDao protocol. It utilizes non-custodial smart contracts. The token serves as a native alternative for lending and yield farming.