Mento Philippine Peso
PHPmCrypto-backed PHP-pegged Rank #368
Price
$0.028108
Market Cap
$1.9K
Market Cap
$1.9K
Dominance
0.00%
of market
Price
$0.028108
% Off Peg
—
24h Supply
-30.86%
7d Supply
-64.34%
30d Supply
-56.96%
Networks
1
chains
Circulating Supply
Total PHPm across all chains
$8.21M
$2.37M
Mar 14, 2026
Jul 17, 2026
Chain Distribution
Current supply by network
Celo
$2.37M 100.0%
About Mento Philippine Peso
PHPm is a PHP-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 PHPm against it.
Mint & redeem
PHPm is minted by depositing collateral into a Mento CDP (trove) and borrowing PHPm against it. Repaying the borrowed PHPm 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…0d7b
