Midas Fasanara Global Open MGLO
Rank #169 by market cap
Last 7 days
CM Profile: Midas Fasanara Global Open
Cryptominium Profile. What we have established, measured and written about MGLO, and what we have not.
- Measured
- Its price, recorded by us every day since 16 August 2026.
- Written, with sources
Read from our own records when this page was made. It describes what we know, and is not a view on whether to hold MGLO. How each part is worked out
What changed
Week to 13 November- Price unchanged since 6 November.
- Circulating supply up 57.9% in 30 days, as CoinGecko reports it.
From our own measurements only, each against the month before. We do not say why a price moves. How this is worked out · Every coin this week
What Midas Fasanara Global Open is
Midas Fasanara Global Open (mGLO) is a tokenized exposure to Fasanara's Global Open strategy, issued by Midas on Base. Fasanara is the underlying asset manager whose strategy the token tracks.
mGLO is an ERC-20 yield-bearing token. Rather than paying rewards separately, it passes the strategy's performance through to holders by moving its own net asset value (NAV) — there are no rebases and no claim transaction to collect. Minting and redeeming are permissioned processes, routed through Midas's DepositVault and RedemptionVault contracts rather than open on-chain swaps. The NAV itself is published by the Midas Oracle Admin, an on-chain price feed that every vault interaction reads from when calculating how many tokens to mint or how much to return on redemption.
mGLO is not a free-floating market instrument: its price is a published NAV figure, not something discovered by open trading, and minting or redeeming depends on being permitted into Midas's vault system rather than on simply holding the token. It is not decentralized in the sense of being manager-less — Fasanara runs the underlying strategy, and Midas controls the oracle that sets the NAV and the contracts that gate access. Holding the token means trusting that both the oracle publication and the vault permissioning operate as described; the source does not state how NAV is calculated, audited, or how disputes or oracle errors are handled. It is deployed across Base, Ethereum, Optimism, and a chain listed as Robinhood, and is classified by CoinGecko under several ecosystem tags including a Midas Liquid Yield Tokens category — classification that describes where it lives, not what backs it or how liquid any secondary market for it actually is.
Where MGLO lives
On Ethereum, Base and BNB Chain, GoPlus's analysis of each contract is read weekly: whether it has a function to block addresses or pause transfers, and whether an owner holds it. That is GoPlus's reading, not ours. Where a token exists on several chains, one copy's settings say nothing about the original coin.
Always verify a contract address against the project's own site before sending anything. Addresses are shown as published by CoinGecko, not as an endorsement — and identical-looking tokens on other chains are the most common way people lose money here.
Price change
Midas Fasanara Global Open data synced 5m ago from CoinGecko. Figures shown in USD. This page is market information, not financial advice — and nothing here is a recommendation to buy or sell MGLO.