Ask about Mento
Logo of MentoMento(MENTO)
Total Value Locked$14.63m

TVL by Chain

Ethereum$6.54m

Celo$5.56m

Monad$2.53m

Bitcoin$0

Key Metrics

Fees (Annualized)$176,997.56
Fees 30d$52,835.55

Celo$32,645.06

Monad$20,191.49

Fees 7d$9,739.55

Celo$6,590.06

Monad$3,151.49

Fees 24h$286.55

Celo$284.06

Monad$2.49

Cumulative Fees$67,612.79

Celo$41,747.12

Monad$25,868.67

Revenue (Annualized)$77,416.84
Revenue 30d$24,022.03

Celo$16,131.03

Monad$7,889

Revenue 7d$6,788.03

Celo$5,608.03

Monad$1,181

Revenue 24h$285.03

Celo$284.03

Monad$1

Cumulative Revenue$29,690.13

Celo$19,748.06

Monad$9,943.07

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

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$85.37m
DEX Volume 30d by chain

Celo$48.11m

Monad$37.26m

DEX Volume 7d$8.88m

Celo$4.45m

Monad$4.43m

DEX Volume 24h$134,383

Celo$129,402

Monad$4,981

Cumulative DEX Volume$30.075b

Celo$30.031b

Monad$44.01m

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.

Category:Algo-Stables

WebsiteGitHubTwitter

Yields

Pools Tracked15

Average Supply APY4.77%

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

Competitors

Mento V2 ($12.36m)Frax ($42.35m)Basis Cash ($245,701.09)SPOT Cash ($207,249.84)Frax FPI ($94,472.97)Oin Finance ($35,699.35)Generic.Money ($28,707.37)XUSD Money ($25,864.22)TiTi Protocol ($7,249.32)Spice Trade ($7,049.04)

Frequently Asked Questions

What is Mento?

Mento is building the largest FX infrastructure, bringing world currencies onchain through its robust multi-currency stablecoin platform.

What is Mento's TVL?

Mento currently has $14.63m in total value locked. TVL has increased 9.8% 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 44.7%.

How much has Mento generated in fees and revenue?

Over the past 30 days, Mento generated $52,835.55 in fees. Of that, $24,022.03 was protocol revenue. Based on the trailing year, the annualized rate is $176,997.56 in fees and $77,416.84 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 $85.37m in DEX volume over the past 30 days.