KESm · Celo Kenyan Shilling (Mento)Celo Kenyan Shilling (Mento)
KESmformerly cKESMeasured 2026-11-07
Supply
$66.9k
8.69M KES
Holders
8,574
15 above dust · 1,019 ever
Transfer volume 30D
$8.3k
2,855 transfers
DEX volume 30D
$10.2k
2,447 swaps · TVL $52.9k
Peg · avg 30D
34 bps
latest +47.3 bps
Velocity 30D
0.1×
transfer volume ÷ supply
All time
Transfer volume
$442.65M
DEX volume
$240.57M
Minted
$1.15M
$1.09M burned · net $62.9k
Networks
1
Celo
Issuer & reservesfrom the issuer's own published materialsfrom the issuer's own published materials
Mento LabsMento LabsKESm (formerly cKES) is a Kenyan shilling stablecoin issued by the Mento protocol, built on Celo. Mento describes it as a shilling stablecoin for remittances, microlending and mobile payments. Under Mento V3 it is a synthetic stable minted through CDPs against USDm collateral.
- Backing
- Synthetic: per Mento's V3 docs, minted through CDPs against USDm collateral (USDm itself is backed by the Mento Reserve)
- Launched
- 2024
Networks & contractssupply per network today · issuance all-timesupply per network today · issuance all-time
| Network | Contract | Supply ↓ | Share ↓ | Holders | Minted | Burned | Minted · burned 30D | Since |
|---|---|---|---|---|---|---|---|---|
 CeloCelo | 0x456a…B0d0 | $66.9k 8.69M KES | 100.0% | 8,574 | $1.15M | $1.09M | $14 · $850 | 2024-05-21 |
KESm over timeSupply by network · monthly · USDSupply by network · monthly · USD
CeloCeloDaily activityTransfer volume · last 36 days · all networksTransfer volume · last 36 days · all networks
total $12.2k
CeloCeloPeg monitorDEX price vs official FX · basis points · 30DDEX price vs official FX · basis points · 30D
Shaded band = within ±100 bps (1%) of the official rate
| Stablecoin | Latest | Avg |dev| ↑ | Worst | Days >1% |
|---|---|---|---|---|
| KESmKESm | +47.3 | 34 | -57.8 | 0/30 |
What it's used forvalue through each kind of counterparty · monthlyvalue through each kind of counterparty · monthly
DEX trading · Celo pools
Mint & burnminted by network · monthlyminted by network · monthly
CeloCelo| Issuer / signer | Network | Minted ↓ | Burned | Net | Events |
|---|---|---|---|---|---|
| Unlabelled signer | CeloCelo | $1.15M | $1.09M | $62.9k | 44,306 |
Holdersall networksall networks
Holders
8,574
15 above dust
Held
$66.9k
across networks
Top 10 hold
95%
$63.7k of $66.9k
Whales
0
hold 0% of value
Balance bands · addresses vs value
Whale0 addresses · 0.0%$0 · 0.0% of value
Large3 addresses · 0.0%$55.5k · 83.1% of value
Mid4 addresses · 0.0%$6.6k · 9.9% of value
Small8 addresses · 0.1%$2.4k · 3.6% of value
Dust8,559 addresses · 99.8%$2.3k · 3.5% of value
Addresses that ever held · all networks
Ever held
Largest holders
Transfer sizes30D · count vs value30D · count vs value
micro$0–1096.2% of transfers35.8% of value · $2.8k
small$10–1003.1% of transfers24.8% of value · $2.0k
mid$100–1,0000.7% of transfers39.4% of value · $3.1k
large$1,000–10,0000.0% of transfers0.0% of value · $0
whale$10,000–100,0000.0% of transfers0.0% of value · $0
mega$100,000+0.0% of transfers0.0% of value · $0
Retention by cohortshare of each month's new addresses active again latershare of each month's new addresses active again later
| Cohort | Size | M0 | M1 | M2 | M3 | M4 | M5 | M6 | M7 | M8 | M9 | M10 | M11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-11 | 59 | 100 | 24 | 12 | 8 | 5 | 5 | 3 | 7 | 2 | 3 | 3 | 5 |
| 2025-12 | 190 | 100 | 13 | 4 | 3 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 2026-01 | 59 | 100 | 12 | 8 | 7 | 3 | 0 | 0 | 3 | 2 | 2 | 2 | |
| 2026-02 | 40 | 100 | 20 | 8 | 5 | 3 | 5 | ||||||
| 2026-03 | 44 | 100 | 32 | 16 | 7 | 11 | 5 | 2 | 9 | ||||
| 2026-04 | 38 | 100 | 34 | 16 | 11 | 8 | 8 | ||||||
| 2026-05 | 32 | 100 | 31 | 9 | 3 | 0 | 3 | ||||||
| 2026-06 | 68 | 100 | 26 | 7 | 3 | 4 | |||||||
| 2026-07 | 26 | 100 | 42 | 15 | 15 | 4 | |||||||
| 2026-08 | 47 | 100 | 6 | ||||||||||
| 2026-09 | 264 | 100 | 3 | 2 | |||||||||
| 2026-10 | 59 | 100 | 3 |
DEX tradingvolume by exchange · monthlyvolume by exchange · monthly
UniswapMentoSushiswap
Last 36 days, daily, by network
Celo
| Exchange | Network | Lifetime ↓ | Swaps | Share ↓ | Active |
|---|---|---|---|---|---|
| Uniswap | Celo | $238.33M | 3,043,218 | 99.1% | 2024-05-23 → 2026-11-07 |
| Mento | Celo | $2.24M | 12,946 | 0.9% | 2024-05-21 → 2026-10-30 |
Supply is minted minus burned per network, valued at that day's official FX rate. Transfer volume excludes mints and burns. DEX volume counts swaps in tracked pools; TVL counts both sides of each pool. Peg compares the volume-weighted DEX price with the official rate. Holders are addresses with a balance; dust is a balance under $1. Retention counts addresses active again in later months.