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Information TVL Stablecoin Info DEX Volume

Mento (MENTO)

Total Value Locked43.17m CELO

TVL by Chain

Celo40.3m CELO

Ethereum2.88m CELO

Bitcoin2.22 CELO

Key Metrics

DEX Volume 30d878.56m CELO

DEX Volume 7d178.05m CELO

DEX Volume 24h73.46m CELO

Cumulative DEX Volume18.401b CELO

Total Raised$10m

Oct 16, 2024$10mRound: Investors: T-Capital, HashKey Capital, Richard Parsons, Flori Ventures, Verda Ventures, w3.fundSource: https://x.com/MentoLabs/status/1846447747257585860

Mento (MENTO)

Total Value Locked43.17m CELO

TVL by Chain

Celo40.3m CELO

Ethereum2.88m CELO

Bitcoin2.22 CELO

TVL

Key Metrics

DEX Volume 30d878.56m CELO

DEX Volume 7d178.05m CELO

DEX Volume 24h73.46m CELO

Cumulative DEX Volume18.401b CELO

Total Raised$10m

Oct 16, 2024$10mRound: Investors: T-Capital, HashKey Capital, Richard Parsons, Flori Ventures, Verda Ventures, w3.fundSource: https://x.com/MentoLabs/status/1846447747257585860

Protocol Information

Mento, an open source and permissionless protocol live on the Celo network. It facilitates the launch of stablecoins such as cUSD, cEUR, and cREAL

Category:Algo-Stables

Audits:

Website GitHub Twitter

Methodology

TVL: TVL counts all assets deposited as collateral to mint Mento stablecoins.DEX Volume: Volume of all spot token swaps that go through the protocol

Competitors

DefiDollar DAO ($2.73m)Frax ($2.65m)SPOT Cash ($2.01m)Frax FPI ($944,916)Basis Cash ($271,422)Oin Finance ($35,699)XUSD Money ($35,211)TiTi Protocol ($26,038)Spice Trade ($12,833)OpenDAO ($1,558)