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Mento

CEX

Launched: 2020-06-22

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Volume 24h
—
Volume 7d
—
Volume 30d
—
Vol. Change 24h
—
Trading Pairs
—
Coins Listed
—
Monthly Visits
1.6K
Weekly Visits
376
Best Referral Code
N/A
Liquidity (24h)
N/A
Traffic Score
N/A
Maker / Taker Fee
N/A

Mento Trading Volume History

Daily 24h volume snapshots collected by DEXCEX

No historical volume snapshots available yet.

Trade on Mento

Visit Mento to explore available markets and trading pairs.

Tags

DEXAMM exchangeAuto Order Book Exchange

Top trading pairs on Mento

Showing top 1 of 1 live pairs by 24h trading volume.

#PairPrice
1
CELO/CUSD
$0.448875

About Mento

Mento is an automated market maker (AMM) type of decentralized exchange that’s native to the Celo platform. It’s responsible for helping the Celo Dollar (cUSD) maintain its peg to the USD. When demand for the stablecoin increases the Celo protocol mints cUSD and ‘sells’ them for CELO (Celo’s native asset) via Mento. The CELO assets are used as cUSD collateral and are stored in the Celo reserve.

This all happens on-chain. If demand for cUSD decreases then the reverse process happens. Mento arbitrage opportunities arise in cases where there’s cUSD/USD depeg. This incentive for traders should help restore the cUSD/USD peg. More info here: https://medium.com/celoorg/zooming-in-on-the-celo-expansion-contraction-mechanism-446ca7abe4f

Mento in the CEX Ranking on dexcex.io

Mento is tracked in the CEX Ranking on dexcex.io alongside every other major centralized exchange. Its position in the CEX Ranking is updated regularly based on 24h trading volume, exchange score, liquidity and web traffic.

Compare Mento's 24h volume and fees against other top venues in the CEX Ranking on dexcex.io, then check how its listed assets perform inside the crypto rankings to spot which markets are driving its volume.

dexcex.io combines the DEX Ranking, the CEX Ranking and full crypto rankings in one portal, so you can move from this Mento profile straight into the broader market context without leaving the site.

Frequently Asked Questions about Mento

What is Mento and is it a DEX or CEX?
Mento is a centralized exchange (CEX), launched on 2020-06-22. As a CEX, it acts as an intermediary matching buyers and sellers with order books and custodial wallets.
How does Mento work?
Mento operates as a centralized exchange where users create an account, deposit funds (crypto or fiat), and place buy or sell orders through the platform's order book. The exchange matches orders between buyers and sellers and holds user funds in custodial wallets. The platform offers multiple trading pairs.
How does Mento differ from other centralized exchanges?
Mento stands out among CEXs with its trading activity. Key differentiating factors for CEXs include fee structure, number of supported assets, trading products (spot, futures, margin), regulatory status, and security measures.
What is Mento's 24h trading volume?
Mento currently has a 24-hour trading volume of —. The 7-day volume is — and the 30-day volume is —. CEX volume is a key indicator of exchange liquidity and activity.
How many trading pairs does Mento support?
Mento currently supports multiple trading pairs. More trading pairs generally means more options for traders to diversify their crypto portfolio.
What are Mento's trading fees?
Detailed fee information for Mento may vary by trading pair and user tier. Check the exchange's official fee schedule for the most up-to-date rates.
Where does Mento rank among CEX exchanges?
Mento is ranked #— in the CEX ranking on DEXCEX based on trading volume, liquidity score, web traffic and other key metrics.
What is the difference between a DEX and a CEX?
A DEX (decentralized exchange) lets users trade crypto directly from their wallets via smart contracts — there is no central authority holding funds. A CEX (centralized exchange) acts as a middleman, holding user deposits and matching orders through a centralized order book. DEXs offer self-custody and transparency, while CEXs typically provide faster execution, fiat on-ramps, and more advanced trading products. Mento is a CEX, providing a managed trading environment with additional features.
How much web traffic does Mento receive?
Mento receives approximately 1.6K monthly visits (376 weekly). Web traffic is an important metric for evaluating exchange popularity and user adoption in CEX rankings.
What is Mento's liquidity score?
The liquidity score for Mento is currently not available. Liquidity is a critical factor for trade execution quality and is factored into CEX rankings on DEXCEX.
Is Mento safe to use for crypto trading?
Mento is listed on DEXCEX. As a centralized exchange, security depends on the platform's infrastructure, insurance funds, and regulatory compliance. Always enable two-factor authentication and withdraw large holdings to personal wallets. DEXCEX provides data and rankings but does not endorse any specific exchange.