Algo-Stables
Mento V2
Total TVL
$11.65M
Active pools
0
Chains supported
4
Official site: https://app.mento.org ↗
Overview
Mento V2 is an Algo-Stables protocol that generates stablecoins through algorithmic mechanisms, allowing users to earn interest and participate in liquidity pools. The protocol attracts value by offering decentralized financial tools without the need for collateral or centralized intermediaries.
The protocol holds $17.3M in TVL across three supported chains: Ethereum, Celo, and Monad. Ethereum leads with 64%, followed by Celo at 28%. This distribution highlights a multi-chain footprint but also indicates significant concentration on Ethereum and Celo.
Audit posture is light, with one audit reference available. Token economics data is unavailable, making it difficult to assess the relationship between market cap and TVL. The protocol has an official surface area accessible through its website.
Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.
TVL by chain
TVL history
FAQ
› What is Mento V2?
Mento, an open source and permissionless protocol live on the Celo network. It facilitates the launch of stablecoins such as cUSD, cEUR, and cREAL
› How much TVL does Mento V2 have?
Mento V2 has $11.65M in total value locked across all supported chains as of the last refresh.
› How many active pools does Mento V2 have?
We currently track 0 active pools for Mento V2.
› Is Mento V2 audited?
DefiLlama lists 1 audit for Mento V2. Audits reduce smart-contract risk but do not eliminate it.
See our methodology for how this data is collected.