Mento V2
Issues a digital dollar usable across DeFi — low volatility, often yield-bearing.
65% on Ethereum · also on 2 other chains
Chains
3
Live yield options
0
Best reward rate
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Custody
You hold the keys
Where it runs
Available on 3 chains
Earn here · live yield options
Yields available on Mento V2
Mento V2 doesn't currently expose live yield options we track. Visit the official site to see what they offer right now.
How it works
Using Mento V2 in three steps
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1
Mint or buy
Acquire the stablecoin via this app's minting flow or a DEX.
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2
Hold or earn
Stablecoins are dollar-pegged — low volatility. Earn yield by lending them out or supplying to specific pools.
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3
Redeem when ready
Most stablecoins can be redeemed for the underlying collateral or sold back to dollars at par.
Read up
About Mento V2
Description provided by the protocol team. Always verify directly before depositing funds.
Same family
Other Mento products
These products share the brand but each is distinct code with its own deposits, audits, and risks. Pick the one that matches what you want to do.
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Frequently asked
What people ask about Mento V2
What is Mento V2?
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Mento V2 is an on-chain app. Issues a digital dollar usable across DeFi — low volatility, often yield-bearing.
Is using Mento V2 safe?
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Mento V2 has 2 public audits on file. Audits help — they don't eliminate risk. Always check what tokens you're depositing and never put in more than you can afford to lose.
How much can I earn?
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Right now yields on Mento V2 run varies by option per year, depending on which pool you pick and which chain you use. Rates change with demand.
Which chains does it run on?
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Mento V2 runs on 3 chains, including Ethereum, Celo, Monad. Each chain has its own fees and speeds — pick the one you already use.
Figures are reference values aggregated from public sources and refresh hourly. Always confirm directly before depositing funds.
See also
Terms used on this page
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Smart Contract
Code on a blockchain that runs automatically when called. DeFi protocols are smart contracts — bugs in the code can lose user funds.
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Audit
An independent security review of a smart contract. More audits and longer track record reduce — but never eliminate — code risk.
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Impermanent Loss
A loss LP providers experience when the two pool tokens diverge in price. The loss only crystallises if you withdraw at that ratio.
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Oracle
An on-chain feed of off-chain data — usually prices. Lending and CDP protocols rely on oracles to liquidate positions correctly.
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TVL (Total Value Locked)
The total dollar value of assets currently deposited in a DeFi protocol. A rough proxy for adoption and trust.