Ask about Mento
Logo of MentoMento(MENTO)
Total Value Locked$16.31m

TVL by Chain

Ethereum$6.78m

Celo$5.01m

Monad$4.52m

Bitcoin$0

Key Metrics

Fees 30d$23,145.89
Fees 30d by chain

Celo$20,433.38

Monad$2,711.4

Fees 7d$1,221.71

Monad$623.68

Celo$597.05

Fees 24h$359.23

Monad$182

Celo$176.23

Cumulative Fees$101,107.04

Celo$70,653.42

Monad$30,454.6

Revenue 30d$20,066.88
Revenue 30d by chain

Celo$19,020.99

Monad$1,045.14

Revenue 7d$538.98

Celo$300.17

Monad$238.91

Revenue 24h$169.23

Celo$97.08

Monad$72.13

Cumulative Revenue$58,279.96

Celo$46,558.41

Monad$11,719.57

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$17.8m
DEX Volume 30d by chain

Celo$12.97m

Monad$4.83m

DEX Volume 7d$2.53m

Celo$1.38m

Monad$1.14m

DEX Volume 24h$1.14m

Celo$790,888

Monad$353,765

Cumulative DEX Volume$30.104b

Celo$30.052b

Monad$52.28m

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 APY6.62%

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 $16.31m in total value locked. TVL has increased 7.3% 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 41.6%.

How much has Mento generated in fees and revenue?

Over the past 30 days, Mento generated $23,145.89 in fees. Of that, $20,066.88 was protocol revenue. Based on the trailing year, the annualized rate is $197,066.41 in fees and $113,616.93 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 $17.8m in DEX volume over the past 30 days.