Convert MM1-USD to ALGO
Swap Midas M1 USD Market Neutral (MM1-USD) to Algorand (ALGO) at the best cross-chain rate. SwitchFi routes your MM1-USD → ALGO exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
MM1-USD to ALGO market data
| Metric | MM1-USD | ALGO |
|---|---|---|
| Price | $1.01 | $0.08635 |
| Market cap | $28.64M | $773.14M |
| 24h volume | $0 | $23.90M |
| 24h change | +0.00% | +1.36% |
| 7d change | +0.00% | -1.45% |
| 24h high / low | $1.01 / $1.01 | $0.08637 / $0.08365 |
| All-time high | $1.01 | $3.56 |
| Market cap rank | #660 | #80 |
What is the MM1-USD to ALGO exchange rate?
At the current market price, 1 MM1-USD ≈ 11.7428 ALGO, and 1 ALGO ≈ 0.08515878 MM1-USD. The rate moves with the market; the exact amount you receive is quoted from live liquidity in your wallet before you sign.
Midas M1 USD Market Neutral is the smaller side of this pair — Algorand's market capitalisation of $773.14M is roughly 27× larger than Midas M1 USD Market Neutral's $28.64M. They currently rank #660 and #80 among all cryptocurrencies. Over the past 24 hours MM1-USD is +0.00% while ALGO is +1.36%, so the MM1-USD/ALGO rate has moved in ALGO's favour. Zooming out to a week, MM1-USD has moved +0.00% while ALGO has moved -1.45%.
MM1-USD to ALGO converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
MM1-USD / ALGO conversion tables
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Live quote, net of DEX/bridge/gas fees. The final amount is confirmed in your wallet at execution.
Indicative estimate — the exact amount is confirmed in your wallet at execution.
About Midas M1 USD Market Neutral and Algorand
Midas M1 USD Market Neutral (MM1-USD) ranks #660 by market capitalisation at $28.64M. It is trading close to its all-time high of $1.01. There are currently 28.25M MM1-USD in circulation.
Algorand (ALGO) ranks #80 by market capitalisation at $773.14M. Compared with its $3.56 all-time peak, it currently trades 97.6% lower. 8.95B ALGO is circulating out of a hard cap of 10.00B ALGO — about 90% of the eventual supply. Recent performance reads -1.45% over 7 days and -5.14% over the past month for ALGO. Around $23.90M of ALGO changes hands every 24 hours.
How to convert MM1-USD to ALGO
- 1 Enter the amount of MM1-USD you want to convert — the swap widget on this page is prefilled with the MM1-USD → ALGO pair.
- 2 Connect a compatible wallet: MetaMask, OKX, Trust Wallet, TokenPocket, TronLink, UniSat, Phantom and others.
- 3 Review the quoted route — the estimated and minimum amount of ALGO you will receive, plus network, DEX and bridge fees, are all shown before you sign.
- 4 Confirm the transaction in your wallet and track the swap on the My transactions page until the funds arrive.
Other options to exchange ALGO
Convert any other cryptocurrency from MM1-USD
MM1-USD to ALGO FAQ
What is the MM1-USD to ALGO exchange rate?
1 MM1-USD is worth roughly 11.7428 ALGO at the moment (inverted: 1 ALGO ≈ 0.08515878 MM1-USD). This moves with the market; your wallet shows the exact executable amount before signing.
How to swap, exchange or convert MM1-USD to ALGO on SwitchFi?
Three steps: set the MM1-USD amount, connect your wallet, then approve the best quoted MM1-USD→ALGO route. Funds move wallet-to-wallet — SwitchFi never holds them.
Is the MM1-USD to ALGO swap instant?
Same-chain swaps settle in seconds; cross-chain routes typically take a few minutes while the bridge confirms on both sides. You can track live status until the funds land.
Are there fees to convert MM1-USD to ALGO?
The usual on-chain costs apply (network gas plus DEX/bridge fees), but they're disclosed inside the quote together with the minimum received. Nothing is charged for accounts or custody.
Do I need an account to exchange MM1-USD for ALGO?
No account is needed. You connect a wallet, approve the swap and receive the funds directly — there is no registration or KYC step for on-chain swaps.
Market data by CoinGecko, cached server-side. Prices are informational — the exact swap rate is quoted at execution time.