Ask about Mento

Logo of MentoMento(MENTO)

Total Value Locked$17.47m

TVL by Chain

Ethereum$6.84m

Celo$5.91m

Monad$4.72m

Bitcoin$0

Key Metrics

Fees 30d$9,540.28
Fees 30d by chain

Celo$7,016.44

Monad$2,521.61

Fees 7d$1,001.81

Monad$688.56

Celo$313.65

Fees 24h$0.75

Monad$0.62

Celo$0.13

Cumulative Fees$102,730.23

Celo$71,288.4

Monad$31,441.21

Revenue 30d$6,845.49
Revenue 30d by chain

Celo$5,876.09

Monad$969.53

Revenue 7d$427.55

Monad$269.8

Celo$157.77

Revenue 24h$0.31

Monad$0.25

Celo$0.07

Cumulative Revenue$58,978.57

Celo$46,872.73

Monad$12,103.87

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$10.36m
DEX Volume 30d by chain

Celo$5.86m

Monad$4.5m

DEX Volume 7d$1.63m

Monad$1.25m

Celo$373,384

DEX Volume 24h$1,809

Monad$1,236

Celo$573

Cumulative DEX Volume$30.107b

Celo$30.052b

Monad$54.07m

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 APY6.52%

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 $17.47m in total value locked. TVL has increased 6% 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 $9,540.28 in fees. Of that, $6,845.49 was protocol revenue. Based on the trailing year, the annualized rate is $185,624.53 in fees and $106,569.34 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 $10.36m in DEX volume over the past 30 days.