Mirror Protocol Price
MIR
How Much is 1 Mirror Protocol (MIR)
Convert MIR to your currency
Last Updated on Dec 19, 2025 07:26 AM
What is Mirror Protocol?
About the coin
MIR is the governance token of Mirror Protocol, a synthetic assets protocol developed by Terraform Labs (TFL) on the Terra blockchain. The protocol is designed to be decentralized from its inception, with governance and code changes managed by MIR token holders. TFL has no plans to retain or sell MIR tokens, ensuring a community-driven project without admin keys or special access privileges.
Main features
Mirror Protocol allows the creation of mirrored assets, which are blockchain tokens that mimic real-world assets by reflecting their exchange prices on-chain. These mirrored assets provide traders with price exposure to real assets while offering fractional ownership, open access, and censorship resistance, similar to other cryptocurrencies. Unlike traditional tokens that represent a real underlying asset, mirrored assets are purely synthetic and only capture the price movement of the corresponding asset.
How it works
The protocol operates on the Terra blockchain, leveraging its decentralized nature to ensure that all operations, including the on-chain treasury and code modifications, are governed by the community of MIR token holders. This setup eliminates centralized control and promotes a transparent and open financial ecosystem.
Wallet for Mirror Protocol
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Tangem supports networks for Mirror Protocol
- Ethereum
- Bnb Smart Chain
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Mirror Protocol FAQ
- Mirror Protocol is a digital currency powered by blockchain technology. It allows users to send value, access decentralized tools, and participate in the project’s ecosystem.
- Key features include scalability, low fees, and fast processing. Mirror Protocol supports developers and users who need a flexible blockchain environment.
- Yes, both names point to the same token. MIR is just the shorthand symbol used for market and wallet displays.
- To buy Mirror Protocol, choose a wallet that supports it, complete the payment, and withdraw the coins to your secure hardware wallet.
- Use a cold storage solution to protect Mirror Protocol from online threats. Tangem keeps your keys isolated in a secure offline chip.
- The mirror trading method allows traders in financial markets (and, to a lesser degree, stock markets) to select a trading strategy and to automatically "mirror" the trades executed by the selected strategies in the trader's brokerage account. There are two specifics of mirror trading.
How to secure Mirror Protocol with Tangem Wallet?
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Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
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Why choose Mirror Protocol wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
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