Ask about Mento

Logo of MentoMento(MENTO)

Total Value Locked$17.6m

TVL by Chain

Ethereum$6.84m

Celo$6.08m

Monad$4.68m

Bitcoin$0

Key Metrics

Fees 30d$4,385
Fees 30d by chain

Celo$2,215

Monad$2,167

Fees 7d$1,188

Celo$790.40

Monad$396.58

Fees 24h$78.69

Celo$76.34

Monad$2.36

Cumulative Fees$103,933

Celo$72,087

Monad$31,844

Revenue 30d$2,026
Revenue 30d by chain

Celo$1,191

Monad$835.82

Revenue 7d$615.24

Celo$465.78

Monad$149.67

Revenue 24h$49.63

Celo$48.77

Monad$0.86

Cumulative Revenue$59,600

Celo$47,342

Monad$12,256

Holders Revenue 30d$0
Holders Revenue 30d by chain

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$8.31m
DEX Volume 30d by chain

Celo$4.36m

Monad$3.95m

DEX Volume 7d$1.87m

Celo$1.26m

Monad$616,406

DEX Volume 24h$87,920

Celo$84,795

Monad$3,126

Cumulative DEX Volume$30.108b

Celo$30.054b

Monad$54.7m

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.

WebsiteGitHubX/Twitter
Categories:Algo-StablesDexs
Products:

Yields

Pools Tracked15

Average Supply APY6.67%

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's TVL?

Mento currently has $17.6m in total value locked. TVL has increased 8% 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 38.9%.

How much has Mento generated in fees and revenue?

Over the past 30 days, Mento generated $4,385 in fees. Of that, $2,026 was protocol revenue. Based on the trailing year, the annualized rate is $182,353 in fees and $104,574 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 $8.31m in DEX volume over the past 30 days.