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ProtocolsMento

Mento

Total Value Locked
$79.11m  .csv
Chain Breakdown
Celo$79.11m
Ethereum$3,131
Bitcoin$0.37
USDCELO

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
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Development Activity

(updated at 30/04/24)

Weekly commits: 16
Monthly commits: 227
Weekly developers: 7
Monthly developers: 12

Last commit: 12 hours ago (2024-04-30)

Methodology

TVL: TVL counts Celo deposited as collateral to mint cUSD.

TVL code

Competitors

SPOT Cash ($18.36m)Frax ($5.56m)DefiDollar DAO ($2.23m)Sigmausd ($1.88m)Algomint ($1.68m)Frax FPI ($1.28m)Sperax USD ($747,693)Ostable ($618,448)Based V1 ($554,459)Basis Cash ($272,521)