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As of Nov 12, 2026, Mento South African Rand (ZARm) has a market cap of $666.48 across 1 chain, most of it on Celo ($11,074).
Stablecoin information
ZARm is a ZAR-pegged synthetic stablecoin on Celo, part of the Mento Protocol. It is minted via Liquity v2-style CDPs: users deposit USDm as collateral and borrow ZARm against it.
Category:crypto-backed
Minting and Redemption
ZARm is minted by depositing collateral into a Mento CDP (trove) and borrowing ZARm against it. Repaying the borrowed ZARm closes or reduces the trove and releases the USDm collateral.
Audits:
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +0.30% | +0.30% | +0.07% | 11,074.02 |