⌘K

Mento

Total Value Locked

Chain Breakdown
Celo	$47.69m
Ethereum	$42.86m
Bitcoin	$960,510

Market Cap	$260.6m
Token Price	$0.51958

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

Audits

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Token Information

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Methodology

TVL counts Celo deposited as collateral to mint cUSD.

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Competitors

Frax ($127.54m)Frax FPI ($33.18m)UXD ($6,804,912)Sigmausd ($1,985,940)Sperax USD ($1,772,184)DefiDollar DAO ($1,658,349)Algomint ($1,430,612)Ostable ($648,227)Based V1 ($365,187)Basis Cash ($272,408)