Logo of Mento V2Mento V2(MENTO)
Total Value Locked$10.83m

TVL by Chain

Ethereum$6.52m

Celo$3.41m

Monad$895,667.7

Bitcoin$0.38

Key Metrics

Fees (Annualized)$280,837.08
Fees 30d$9,233

Celo$9,233

Fees 7d$4,132

Celo$4,132

Fees 24h$494

Celo$494

Cumulative Fees$9,727

Celo$9,727

Revenue (Annualized)$280,837.08
Revenue 30d$9,233

Celo$9,233

Revenue 7d$4,132

Celo$4,132

Revenue 24h$494

Celo$494

Cumulative Revenue$9,727

Celo$9,727

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

Celo$0

Holders Revenue 7d$0

Celo$0

Holders Revenue 24h$0

Celo$0

Cumulative Holders Revenue$0

Celo$0

DEX Volume 30d$24.54m
DEX Volume 30d by chain

Celo$24.54m

DEX Volume 7d$2.87m

Celo$2.87m

DEX Volume 24h$254,092

Celo$254,092

Cumulative DEX Volume$30.008b

Celo$30.008b

Total Raised$10m

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

Protocol Information

Mento, an open source and permissionless protocol live on the Celo network. It facilitates the launch of stablecoins such as cUSD, cEUR, and cREAL

Category:Algo-Stables

Audits:

WebsiteTwitter

Methodology

TVL: TVL counts all assets deposited as collateral to mint Mento stablecoins.View code on GitHubFees: 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 GitHubRevenue: 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 GitHubHolders Revenue: View code on GitHubDEX Volume: Value of tokens users received from Mento stablecoin swaps.View code on GitHub

Competitors

Frax ($42.18m)Basis Cash ($245,626.95)SPOT Cash ($196,339.12)Frax FPI ($94,236.22)Oin Finance ($35,699.35)XUSD Money ($25,463.71)Generic.Money ($19,097.68)Spice Trade ($7,442.16)TiTi Protocol ($7,247.58)OpenDAO ($6,227.69)

Frequently Asked Questions

What is Mento V2?

Mento, an open source and permissionless protocol live on the Celo network. It facilitates the launch of stablecoins such as cUSD, cEUR, and cREAL

What is Mento V2's TVL?

Mento V2 currently has $10.83m in total value locked. TVL has decreased 4.9% over the past 30 days.

What chains does Mento V2 operate on?

Mento V2 operates on 4 chains: Ethereum, Celo, Monad, and Bitcoin. Ethereum holds the largest share at 60.2%.

How much has Mento V2 generated in fees and revenue?

Over the past 30 days, Mento V2 generated $9,233 in fees. Of that, $9,233 was protocol revenue. Based on the trailing year, the annualized rate is $280,837.08 in fees and $280,837.08 in revenue.

How much trading volume does Mento V2 process?

Mento V2 processed $24.54m in DEX volume over the past 30 days.