Ask about Mento

Logo of MentoMento(MENTO)

Total Value Locked$17.48m

TVL by Chain

Ethereum$6.85m

Celo$5.87m

Monad$4.76m

Bitcoin$0

Key Metrics

Fees 30d$13,432.31
Fees 30d by chain

Celo$11,271.2

Monad$2,158.33

Fees 7d$616.36

Celo$347.25

Monad$267.64

Fees 24h$88.57

Celo$69.26

Monad$19.31

Cumulative Fees$101,928.8

Celo$71,114.68

Monad$30,813.09

Revenue 30d$10,925.79
Revenue 30d by chain

Celo$10,102.08

Monad$823.83

Revenue 7d$264.33

Celo$162.89

Monad$101.44

Revenue 24h$34.59

Celo$27.17

Monad$7.42

Cumulative Revenue$58,641.88

Celo$46,782.9

Monad$11,856.99

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$12.03m
DEX Volume 30d by chain

Celo$8.27m

Monad$3.76m

DEX Volume 7d$1m

Celo$555,890

Monad$445,942

DEX Volume 24h$81,205

Celo$48,775

Monad$32,430

Cumulative DEX Volume$30.105b

Celo$30.052b

Monad$52.91m

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 APY6.22%

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 $17.48m in total value locked. TVL has increased 8.2% 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 39.2%.

How much has Mento generated in fees and revenue?

Over the past 30 days, Mento generated $13,432.31 in fees. Of that, $10,925.79 was protocol revenue. Based on the trailing year, the annualized rate is $187,899.05 in fees and $108,102.46 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 $12.03m in DEX volume over the past 30 days.