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Mirror Protocol

Mirror Protocol

Terra-based synthetic asset protocol enabling creation of mAssets that track real-world asset prices including stocks, ETFs, and commodities

Launch Year
2020
Consensus
Proof of Stake (Terra legacy)
Max Supply
370,575,000 MIR
Block Time
~6 seconds (Terra legacy)
MIR
MIR
Mirror Protocol
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap MIR Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Mirror Protocol Price Chart

MIR / USD
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Data by CryptoCompare

About Mirror Protocol

Mirror Protocol was a DeFi platform built on Terra blockchain that enabled the creation of synthetic assets (mAssets) tracking real-world financial instruments like US stocks (mAAPL, mTSLA), ETFs (mSPY), and commodities. Users could mint mAssets by providing UST collateral, and trade these synthetics 24/7 without geographic restrictions. MIR was the governance token for the Mirror protocol. Following the collapse of the Terra ecosystem in May 2022, Mirror Protocol effectively ceased operations, but MIR tokens remain tradeable on various exchanges.

History

2020
Mirror Protocol launches on Terra blockchain enabling synthetic stock trading
2021
Mirror becomes one of Terra's most used protocols; MIR reaches significant TVL
2021
Mirror expands synthetic asset list to dozens of US stocks and ETFs
2022
Terra/LUNA collapse causes UST depegging; Mirror Protocol effectively shuts down
2022
Mirror governance votes fail; protocol remains in zombie state

How to Swap MIR

Swapping Mirror Protocol (MIR) on SyntheticSwap is quick and requires no account or KYC. Since MIR is an ERC-20 token on Ethereum, any Ethereum-compatible wallet works — MetaMask, Trust Wallet, Rainbow, or Ledger Live. Open SyntheticSwap, select MIR as your source or destination asset, enter your receiving wallet address, and review the floating exchange rate. Once you send MIR to the deposit address provided, the destination asset is delivered directly to your wallet. The process is fully non-custodial — SyntheticSwap never holds your tokens at any point.

How to Store MIR

Store the ERC-20 version of MIR in MetaMask or any Ethereum-compatible wallet. Note that Mirror Protocol's Terra-based features are no longer operational following the LUNA collapse.

Frequently Asked Questions