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

TVL by Chain

Ethereum$6.75m

Celo$4.79m

Monad$4.55m

Bitcoin$0

Key Metrics

Fees 30d$23,019.41
Fees 30d by chain

Celo$20,509.06

Monad$2,510.24

Fees 7d$954.55

Celo$481.86

Monad$472.32

Fees 24h$41.44

Monad$24.51

Celo$16.93

Cumulative Fees$100,545.98

Celo$70,368.35

Monad$30,179.29

Revenue 30d$20,148.05
Revenue 30d by chain

Celo$19,181.7

Monad$965.62

Revenue 7d$408.54

Celo$229.37

Monad$179.3

Revenue 24h$19

Celo$10.01

Monad$8.99

Cumulative Revenue$58,002.74

Celo$46,390.16

Monad$11,610.61

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$16.68m
DEX Volume 30d by chain

Celo$12.25m

Monad$4.44m

DEX Volume 7d$1.83m

Monad$957,186

Celo$873,875.57

DEX Volume 24h$75,197

Celo$42,395

Monad$32,802

Cumulative DEX Volume$30.102b

Celo$30.05b

Monad$51.75m

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.

WebsiteGitHubTwitter
Categories:Algo-StablesDexs
Products:

Yields

Pools Tracked15

Average Supply APY6.04%

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 $16.1m in total value locked. TVL has increased 8.7% 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 $23,019.41 in fees. Of that, $20,148.05 was protocol revenue. Based on the trailing year, the annualized rate is $198,255.67 in fees and $114,384.09 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 $16.68m in DEX volume over the past 30 days.