Mento Nigerian Naira
NGNmCrypto-backed NGN-pegged Rank #329
Price
—
Market Cap
$48.8K
Market Cap
$48.8K
Dominance
0.00%
of market
Price
—
% Off Peg
—
24h Supply
0.00%
7d Supply
-10.68%
30d Supply
-18.76%
Networks
1
chains
Circulating Supply
Total NGNm across all chains
$79.85M
$43.27M
Mar 25, 2026
Sep 6, 2026
Chain Distribution
Current supply by network
Celo
$64.50M 100.0%
About Mento Nigerian Naira
NGNm is a NGN-pegged synthetic stablecoin on Celo, part of the Mento Protocol. It is minted via Liquity v2-style CDPs: users deposit USDm as collateral and borrow NGNm against it.
Mint & redeem
NGNm is minted by depositing collateral into a Mento CDP (trove) and borrowing cNGN against it. Repaying the borrowed NGNm closes or reduces the trove and releases the USDm collateral.
Links & references
Official website View on DefiLlama View on CoinGecko Twitter / X Audit / transparency
Contract celo:0…6F71
