NGNm · Celo Nigerian Naira (Mento)Celo Nigerian Naira (Mento)
NGNmformerly cNGN (Mento)Measured 2026-11-07
Supply
$21.5k
29.02M NGN
Holders
269
2 above dust · 305 ever
Transfer volume 30D
$89.0k
28 transfers
DEX volume 30D
$30.3k
11 swaps · TVL $65.6k
Peg · avg 30D
77 bps
latest +85.6 bps
Velocity 30D
4.1×
transfer volume ÷ supply
All time
Transfer volume
$3.66M
DEX volume
$334.2k
Minted
$113.5k
$95.8k burned · net $17.7k
Networks
1
Celo
Issuer & reservesfrom the issuer's own published materialsfrom the issuer's own published materials
Mento LabsMento LabsNGNm (formerly Mento's cNGN) is a Nigerian naira stablecoin issued by the Mento protocol, built on Celo. It is unrelated to the cNGN issued by WrappedCBDC. Mento describes it as a naira stablecoin for mobile payments, local lending and remittances; 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
- 2025
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 | 0xE270…6F71 | $21.5k 29.02M NGN | 100.0% | 269 | $113.5k | $95.8k | $379 · $29.5k | 2025-05-12 |
NGNm over timeSupply by network · monthly · USDSupply by network · monthly · USD
CeloCeloDaily activityTransfer volume · last 8 days · all networksTransfer volume · last 8 days · all networks
total $89.0k
CeloCeloWhat 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 | $113.5k | $95.8k | $17.7k | 2,744 |
Holdersall networksall networks
Holders
269
2 above dust
Held
$21.5k
across networks
Top 10 hold
100%
$21.5k of $21.5k
Whales
0
hold 0% of value
Balance bands · addresses vs value
Whale0 addresses · 0.0%$0 · 0.0% of value
Large1 addresses · 0.4%$21.1k · 98.1% of value
Mid0 addresses · 0.0%$0 · 0.0% of value
Small1 addresses · 0.4%$149 · 0.7% of value
Dust267 addresses · 99.3%$253 · 1.2% of value
Addresses that ever held · all networks
Ever held
Largest holders
Transfer sizes30D · count vs value30D · count vs value
micro$0–1075.0% of transfers0.0% of value · $1
small$10–1003.6% of transfers0.0% of value · $12
mid$100–1,00010.7% of transfers0.4% of value · $379
large$1,000–10,0000.0% of transfers0.0% of value · $0
whale$10,000–100,00010.7% of transfers99.6% of value · $88.6k
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-11 | 23 | 100 | 43 | 17 | ||||||||
| 2025-12 | 130 | 100 | 20 | 4 | 4 | 0 | 2 | 2 | 0 | 1 | 0 | 1 |
| 2026-01 | 16 | 100 | 38 | 25 | 19 | 13 | 0 | 0 | 0 | 19 | 6 | |
| 2026-02 | 16 | 100 | 13 | 0 | 0 | 0 | 6 | 0 | 19 | 38 | ||
| 2026-03 | 19 | 100 | 11 | 5 | 11 | 5 | 5 | 11 | 11 | 5 | ||
| 2026-04 | 10 | 100 | 0 | 0 | 0 | 0 | 10 | 10 | ||||
| 2026-06 | 22 | 100 | 18 | 5 | 5 | 5 | ||||||
| 2026-07 | 11 | 100 | 36 | 9 | ||||||||
| 2026-09 | 22 | 100 | 14 | |||||||||
| 2026-10 | 6 | 100 | 17 |
DEX tradingvolume by exchange · monthlyvolume by exchange · monthly
MentoUniswap
Last 8 days, daily, by network
Celo
| Exchange | Network | Lifetime ↓ | Swaps | Share ↓ | Active |
|---|---|---|---|---|---|
| Mento | Celo | $209.3k | 2,662 | 62.6% | 2025-05-12 → 2026-10-26 |
| Uniswap | Celo | $124.9k | 942 | 37.4% | 2025-05-15 → 2026-11-07 |
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.