Logo of MentoMento(MENTO)
Total Value Locked$16.1m

TVL by Chain

Ethereum$6.76m

Monad$4.69m

Celo$4.65m

Bitcoin$0

Key Metrics

Fees (Annualized)$186,980.88
Fees 30d$21,443.88

Celo$17,850.48

Monad$3,594.58

Fees 7d$6,687.85

Celo$5,760.79

Monad$927.05

Fees 24h$2,018.5

Celo$1,999.1

Monad$19.4

Cumulative Fees$87,024.55

Celo$58,360.34

Monad$28,667.39

Revenue (Annualized)$97,321.69
Revenue 30d$17,748.37

Celo$16,346.11

Monad$1,401.03

Revenue 7d$5,660.36

Celo$5,294.58

Monad$364.9

Revenue 24h$2,004.75

Celo$1,997.8

Monad$6.96

Cumulative Revenue$46,234.93

Celo$35,199.29

Monad$11,035.42

Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0

Celo$0

Monad$0

Holders Revenue 7d$0

Celo$0

Monad$0

Holders Revenue 24h$0

Celo$0

Monad$0

Cumulative Holders Revenue$0

Celo$0

Monad$0

DEX Volume 30d$19.99m
DEX Volume 30d by chain

Celo$13.51m

Monad$6.49m

DEX Volume 7d$5.67m

Celo$3.96m

Monad$1.72m

DEX Volume 24h$838,261

Celo$817,416

Monad$20,845

Cumulative DEX Volume$30.093b

Celo$30.043b

Monad$49.15m

Total Raised$10m

Oct 16, 2024$10mRound: Investors: T-Capital, HashKey Capital, Richard Parsons, Flori Ventures, Verda Ventures, w3.fund

Protocol Information

Mento is building the largest FX infrastructure, bringing world currencies onchain through its robust multi-currency stablecoin platform.

Categories:Algo-StablesDexs
Products:
WebsiteGitHubTwitter

Yields

Pools Tracked15

Average Supply APY6.59%

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

Mento V2 - Each swap is priced with a spread (0.02%-2% depending on the pair) applied to the amount swapped in; that spread is the fee.View code on GitHubMento V3 - Total swap fees (LP fee + protocol fee) charged on each swap, expressed as a fraction of swap input amount.View code on GitHub

Revenue:

Mento V2 - All swap-spread fees. They accrue to the Mento Reserve backing the stablecoins; there are no liquidity providers, so nothing is paid to a supply side.View code on GitHubMento V3 - Protocol fee portion of swap fees sent to the Mento protocol fee recipient.View code on GitHub

Holders Revenue:

Mento V3 - Money going to governance token holdersView code on GitHub

DEX Volume: Volume of all spot token swaps on the DEX

Frequently Asked Questions

What is Mento?

Mento is building the largest FX infrastructure, bringing world currencies onchain through its robust multi-currency stablecoin platform.

What is Mento's TVL?

Mento currently has $16.1m in total value locked. TVL has increased 20% over the past 30 days.

What chains does Mento operate on?

Mento operates on 4 chains: Ethereum, Celo, Monad, and Bitcoin. Ethereum holds the largest share at 42%.

How much has Mento generated in fees and revenue?

Over the past 30 days, Mento generated $21,443.88 in fees. Of that, $17,748.37 was protocol revenue. Based on the trailing year, the annualized rate is $186,980.88 in fees and $97,321.69 in revenue.

Which protocols are included in Mento?

Mento is a parent protocol whose tracked products include Mento V2 and Mento V3.

How much trading volume does Mento process?

Mento processed $19.99m in DEX volume over the past 30 days.