Ask about Mento
Logo of MentoMento(MENTO)
Total Value Locked$16.7m

TVL by Chain

Ethereum$6.76m

Celo$5.11m

Monad$4.82m

Bitcoin$0

Key Metrics

Fees 30d$22,828.76
Fees 30d by chain

Celo$20,049.71

Monad$2,777.73

Fees 7d$1,256.29

Monad$687.44

Celo$567.62

Fees 24h$150.81

Celo$106.19

Monad$44.39

Cumulative Fees$101,357.23

Celo$70,813.09

Monad$30,544.56

Revenue 30d$19,691.07
Revenue 30d by chain

Celo$18,618.97

Monad$1,071.34

Revenue 7d$575.04

Celo$309.37

Monad$265.76

Revenue 24h$79.47

Celo$62.19

Monad$17.27

Cumulative Revenue$58,408.4

Celo$46,651.65

Monad$11,754.77

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$17.91m
DEX Volume 30d by chain

Celo$12.95m

Monad$4.96m

DEX Volume 7d$2.82m

Celo$1.61m

Monad$1.2m

DEX Volume 24h$279,624

Celo$196,832

Monad$82,792

Cumulative DEX Volume$30.104b

Celo$30.052b

Monad$52.46m

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.

WebsiteGitHubTwitter
Categories:Algo-StablesDexs
Products:

Yields

Pools Tracked15

Average Supply APY6.15%

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 $16.7m in total value locked. TVL has increased 13% 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 40.5%.

How much has Mento generated in fees and revenue?

Over the past 30 days, Mento generated $22,828.76 in fees. Of that, $19,691.07 was protocol revenue. Based on the trailing year, the annualized rate is $194,451.58 in fees and $112,065.2 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 $17.91m in DEX volume over the past 30 days.