⌘K

Mento

Total Value Locked$171.61m

Chain Breakdown
Celo	$106.34m
Ethereum	$58.57m
Bitcoin	$6.7m

USD CELO

Information

Protocol Information

Mento is an automated market maker (AMM) type of decentralized exchange that’s native to the Celo platform. It’s responsible for helping the Celo Dollar (cUSD) maintain its peg to the USD.

Category: Algo-Stables

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Token Information

Address:-...

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Methodology

TVL counts Celo deposited as collateral to mint cUSD.

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Competitors

Frax ($1.07b)Neutrino ($9.73m)UXD ($4.56m)Sigmausd ($3.73m)DefiDollar DAO ($3.22m)Sperax USD ($2.29m)Ostable ($1.01m)Based V1 ($770.48k)DarkCrypto ($408.73k)Basis Cash ($386.28k)