Mento British Pound
GBPM #3 GBPDaily traded volume, all venues. Source: our own reads.
Markets
1 market · 2 chains| # | Market | Pair | Spread | 24h volume | Share | UK status |
|---|---|---|---|---|---|---|
| 1 |  Uniswap v3Celo |
GBPM / USDT | 0.02% | £938 | 100.0% | Onchain pool |
Uniswap v3Celo pool · GBPM / USDTBuy £0.9972 · Sell £0.9970 · £1,000 swap
Source: our own reads, 6 Oct 2026. Spreads from exchange order books.
About GBPM
What is it?
A digital pound on public blockchains. Each GBPM is meant to be worth exactly £1 and can move between wallets in seconds.
What backs it?
Check the issuer's latest attestation for what backs each GBPM, and how often it is published.
How do I get pounds back?
Redeem with the issuer for GBP, or sell on an exchange. Exchange prices can drift slightly from £1.
What could go wrong?
It loses its £1 peg. Prices can fall below £1 if markets doubt the backing. GBPM's widest move in 90 days was —%.
The issuer fails. Not covered by the FSCS. Your claim depends on how the reserves are held.
You lose access. Lost keys or a failed app can mean lost coins. No password reset onchain.
Tax. Disposals can trigger capital gains tax, even on a pound-pegged coin.
About
What GBPM is, in three answers
What is it?
A digital pound on public blockchains. Each GBPM is meant to be worth exactly £1 and can move between wallets in seconds.
What backs it?
Check the issuer's latest attestation for what backs each GBPM, and how often it is published.
How do I get pounds back?
Redeem with the issuer for GBP, or sell on an exchange. Exchange prices can drift slightly from £1.
What could go wrong
It loses its £1 peg
Prices can fall below £1 if markets doubt the backing. GBPM's widest move in 90 days was —%.
The issuer fails
Not covered by the FSCS. Your claim depends on how the reserves are held.
You lose access
Lost keys or a failed app can mean lost coins. No password reset onchain.
Tax
Disposals can trigger capital gains tax, even on a pound-pegged coin.