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Mento Dollar

USDM#1051 by market cap

Not covered. The criterion it missed: no roadmap or documentation page linked from the homepage.

Mento Dollar is for a stable digital dollar. We have not written its record yet, so its promises are not checked. It trades at $0.9984, #1013 of all coins by size, 52% below its highest ever price.

This week Nothing changed on its record.

No stated job or named backing. No dated promises on its pages. Nothing dated ahead. #3 of 8 algorithmic stablecoins. Nothing to be careful of on the record.

Is it real?

0 of 4tests passeda real job, real backing, something ahead, room to grow
nonenamed backersno investor or index on file
11 monthson the marketsince 10 October 2025
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0 of 4

  • A real-world jobDoes it say what problem it solves, in a category that is not a joke?
  • Real backingA named investor, an index, a major exchange, or a billion-dollar size.
  • Something aheadA dated step, deliveries on record, or demand showing up in the news.
  • Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.

No named backer

  • Origin10 October 2025about about 11 monthsapp.mento.org, GitHub
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
  • BackingNo named investorNot on a big exchange we track
  • Standing on the recordNo recordNo dated promise to judge yet0 headlines last monthNo corrections needed so far
The gap, and what to do

It is already worth more than the typical coin in Algorithmic Stablecoin ($4.02M). To match the leader, Hive Dollar ($33.49M), its price would need to rise 137%, to about $2.36.

Still to check

  • No dated promise on record yet, so delivery cannot be judged
  • Listed on fewer than two big exchanges
  • No named investor among its tags
  • Only 0 headlines named it last month
  • Years younger than the group's leader

What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.

A gap is not a forecast. Most small coins never close it. The site never picks.

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

Nothing dated has been found on its pages, so there is no date to wait for yet.

How big is it next to its rivals?

#3of 8 algorithmic stablecoinsthe typical one is worth $4.02M
$14.14Mworth todayprice × coins out
$4.02Mthe typical rival is worthAlgorithmic Stablecoin
$33.49Mthe leader is worthHive Dollar
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world

A stable digital dollar

194 coins tagged Stablecoins, worth $309.17B together. #100 of 194 by worth.

Algorithmic Stablecoin: this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • Mento Dollar$14.14Mthis coin+0.2%no maxno record
  • Hive Dollar$33.49M2.4× bigger, +$19.35M+0.4%, gap +0.2no maxno record
  • Hylo USD$17.93M1.3× bigger, +$3.79M−0.0%, gap −0.2no maxno record
  • Alchemix USD$9.77M1.4× smaller, −$4.37M−0.6%, gap −0.8no maxno record
  • Djed$4.02M3.5× smaller, −$10.12M+0.1%, gap −0.1no maxno record
  • Fei USD$3.67M3.8× smaller, −$10.47M−0.0%, gap −0.2no maxno record
  • Monetrix USD$2.46M5.8× smaller, −$11.68M−0.1%, gap −0.2no maxno record
  • Mento Euro$1.55M9.1× smaller, −$12.59M−0.1%, gap −0.3no maxno record
Same job, different how

Algorithmic Stablecoin: this coin next to Hive Dollar, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

Mento Dollar says
Mento is building the largest FX infrastructure, bringing world currencies onchain through its robust multi-currency stablecoin platform.
Hive Dollar says
.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

Mento is building the largest FX infrastructure, bringing world currencies onchain through its robust multi-currency stablecoin platform. Access a growing ecosystem of local currency decentralized stablecoins designed for real-world utility and institutional-grade reliability.

Problem it says it solves: a stable digital dollar. 194 coins are working on it and together they are worth $309,173,765,122. This coin is 0% of that.

Where it trades: Uniswap V3, Velodrome Finance Slipstream, Ubeswap V2, Ubeswap V3, Gate

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

Nothing printed today

None of the six tests fails. A missed promise counts only on a record a person has checked.

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The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.

The homework: the coin itself, the news, the record

The coin itself

$0.9984price of one+0.2% today
52%below its highest ever$2 on 1 May 2026
100%of the supply is out14.24M coins
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The last 7 days

7 days ago: $0.9999now: $0.9984 (+0.3%)

Where today sits against its highest ever price

$0.9984

Highest ever: $2.08 on 1 May 2026. Today is 48% of that.

100%

of all USDM that will ever exist is already out in public hands: 14.24M coins.

0% (45 coins) is not yet created or held by the project. That is a small share. Those coins can be sold later, which can push the price down.

out held back. Each dot is 1%.

Meant to stay at one dollar

Holding it is holding a copy of a dollar. It is not built to rise.

  • Nothing the project's own pages spell out.
$0.9984price of one
×
14.24Mcoins out
=
$14.14Mworth today, #1013 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 14.24Min circulation of 14.24M total. No hard maximum is set, so more can be created.
  • 48%of its all-time high of $2.08 on 1 May 2026. That is −52.0% from the top.
  • #1013by market cap, $14,144,231.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

What the news says

0headlines, last monththat name this coin
0about governmentregulation, courts, central banks
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Nothing in the news this month.

In the news

Nothing matched in the last month from the sources we read. CoinDesk, Cointelegraph, Decrypt, The Block, plus Google News searches for coins with a record and the top 100.

The record itself

Not covered. The criterion it missed: no roadmap or documentation page linked from the homepage.

Pages savednot yetno roadmap page found
Promisesnone yetno record drafted
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy