ZARm · Celo South African Rand (Mento)Celo South African Rand (Mento)
ZARmformerly cZARMeasured 2026-11-07
Supply
$673
11,041 ZAR
Holders
167
1 above dust · 224 ever
Transfer volume 30D
$21
24 transfers
DEX volume 30D
$25
12 swaps · TVL $1.1k
Peg · avg 30D
43 bps
latest -59.1 bps
Velocity 30D
0.0×
transfer volume ÷ supply
All time
Transfer volume
$131.43M
DEX volume
$6.82M
Minted
$1.16M
$1.17M burned · net −$7.1k
Networks
1
Celo
Issuer & reservesfrom the issuer's own published materialsfrom the issuer's own published materials
Mento LabsMento LabsZARm (formerly cZAR) is a South African rand stablecoin issued by the Mento protocol, built on Celo. 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 | 0x4c35…0BF6 | $673 11,041 ZAR | 100.0% | 167 | $1.16M | $1.17M | $4 · $8 | 2025-04-14 |
ZARm over timeSupply by network · monthly · USDSupply by network · monthly · USD
CeloCeloDaily activityTransfer volume · last 5 days · all networksTransfer volume · last 5 days · all networks
total $21
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% |
|---|---|---|---|---|
| ZARmZARm | -59.1 | 43 | +65.8 | 0/5 |
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 | $1.16M | $1.17M | −$7.1k | 5,972 |
Holdersall networksall networks
Holders
167
1 above dust
Held
$668
across networks
Top 10 hold
99%
$659 of $668
Whales
0
hold 0% of value
Balance bands · addresses vs value
Whale0 addresses · 0.0%$0 · 0.0% of value
Large0 addresses · 0.0%$0 · 0.0% of value
Mid0 addresses · 0.0%$0 · 0.0% of value
Small1 addresses · 0.6%$531 · 79.5% of value
Dust166 addresses · 99.4%$137 · 20.5% of value
Addresses that ever held · all networks
Ever held
Largest holders
Transfer sizes30D · count vs value30D · count vs value
micro$0–10100.0% of transfers100.0% of value · $21
small$10–1000.0% of transfers0.0% of value · $0
mid$100–1,0000.0% of transfers0.0% of value · $0
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 |
|---|---|---|---|---|---|---|---|---|
| 2025-11 | 20 | 100 | 20 | 10 | 0 | 0 | 0 | 5 |
| 2025-12 | 68 | 100 | 16 | 10 | 1 | 4 | 0 | 1 |
| 2026-01 | 13 | 100 | 31 | 8 | 15 | 8 | ||
| 2026-02 | 16 | 100 | 13 | |||||
| 2026-03 | 7 | 100 | 43 | 14 | 14 | 14 | 14 | 14 |
| 2026-04 | 16 | 100 | 38 | 13 | ||||
| 2026-05 | 11 | 100 | 27 | |||||
| 2026-06 | 37 | 100 | 19 | 3 | ||||
| 2026-07 | 14 | 100 | 36 | |||||
| 2026-08 | 8 | 100 | 0 | 13 |
DEX tradingvolume by exchange · monthlyvolume by exchange · monthly
UniswapMento
Last 5 days, daily, by network
Celo
| Exchange | Network | Lifetime ↓ | Swaps | Share ↓ | Active |
|---|---|---|---|---|---|
| Uniswap | Celo | $4.48M | 34,063 | 65.7% | 2025-04-15 → 2026-11-04 |
| Mento | Celo | $2.34M | 5,968 | 34.3% | 2025-04-14 → 2026-11-04 |
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.