Coins / Midas M1 USD Market Neutral / MM1-USD → ALGO
Midas M1 USD Market Neutral Algorand

Convert MM1-USD to ALGO

1 MM1-USD ≈ 11.1955 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 $1.02 $0.09147
Market cap $26.21M $826.79M
24h volume $0 $36.78M
24h change +0.00% +0.84%
7d change +0.00% +2.00%
24h high / low $1.02 / $1.02 $0.09416 / $0.08801
All-time high $1.02 $3.56
Market cap rank #697 #80

What is the MM1-USD to ALGO exchange rate?

At the current market price, 1 MM1-USD ≈ 11.1955 ALGO, and 1 ALGO ≈ 0.08932129 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 $826.79M is roughly 32× larger than Midas M1 USD Market Neutral's $26.21M. They currently rank #697 and #80 among all cryptocurrencies. Over the past 24 hours MM1-USD is +0.00% while ALGO is +0.84%, 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 +2.00%.

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

MM1-USD to ALGO
0.1 MM1-USD1.1196 ALGO
0.5 MM1-USD5.5978 ALGO
1 MM1-USD11.1955 ALGO
5 MM1-USD55.9777 ALGO
10 MM1-USD111.9554 ALGO
50 MM1-USD559.777 ALGO
100 MM1-USD1119.55 ALGO
500 MM1-USD5597.77 ALGO
1000 MM1-USD11195.54 ALGO
ALGO to MM1-USD
0.1 ALGO0.00893213 MM1-USD
0.5 ALGO0.04466064 MM1-USD
1 ALGO0.08932129 MM1-USD
5 ALGO0.44660645 MM1-USD
10 ALGO0.89321289 MM1-USD
50 ALGO4.4661 MM1-USD
100 ALGO8.9321 MM1-USD
500 ALGO44.6606 MM1-USD
1000 ALGO89.3213 MM1-USD
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About Midas M1 USD Market Neutral and Algorand

Midas M1 USD Market Neutral (MM1-USD) ranks #697 by market capitalisation at $26.21M. It is trading close to its all-time high of $1.02. There are currently 25.61M MM1-USD in circulation. MM1-USD has moved +0.00% week-on-week and +0.50% over 30 days.

Algorand (ALGO) ranks #80 by market capitalisation at $826.79M. Compared with its $3.56 all-time peak, it currently trades 97.4% lower. 9.04B ALGO is circulating out of a hard cap of 10.00B ALGO — about 90% of the eventual supply. Recent performance reads +2.00% over 7 days and +2.30% over the past month for ALGO. Around $36.78M of ALGO changes hands every 24 hours.

How to convert MM1-USD to ALGO

  1. 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. 2 Connect a compatible wallet: MetaMask, OKX, Trust Wallet, TokenPocket, TronLink, UniSat, Phantom and others.
  3. 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. 4 Confirm the transaction in your wallet and track the swap on the My transactions page until the funds arrive.

MM1-USD to ALGO FAQ

What is the MM1-USD to ALGO exchange rate?

1 MM1-USD is worth roughly 11.1955 ALGO at the moment (inverted: 1 ALGO ≈ 0.08932129 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.