Price change (24h):
0.09%
High (24h):
$1.16
Low (24h):
$1.15
Volume (24h):
$67.48K
Market Cap:
$2.05M
All Time High:
94.22% $19.98
Oct 31, 2022
All Time Low:
389% $0.24
Jan 8, 2024
Mento Euro
EURM0.67 %(1Y)
$1.16
About Mento Euro
Celo Euro (CEUR) is a cryptocurrency launched in 2021. It operates as a euro-pegged stablecoin within the Celo ecosystem, categorized as both an algorithmic and asset-backed stable asset.
The token serves as the decentralized on-chain representation of the euro, enabling instant cross-border settlement without the latency and cost structures inherent to traditional banking. Mento, the protocol behind CEUR, constructs a foreign exchange fabric that directly connects traders, businesses, and individuals, bypassing correspondent banking intermediaries entirely. This architecture eradicates the friction of currency conversion by minting and redeeming stable digital assets against transparent on-chain reserves.
CEUR operates on the Celo network. The ledger handles all issuance and settlement, with its validator set securing the token’s transactional finality.
The token contract, residing at address 0xd8763cba276a3738e6de85b4b3bf5fded6d6ca73, adheres to Celo’s native token interfaces. It combines algorithmic rebasing logic with a collateral reserve to absorb demand fluctuations, a hybrid mechanism that distinguishes it from purely fiat-backed stablecoins. The Mento stability protocol’s on-chain reserve, composed of crypto assets, backs each minted token, while the algorithmic component adjusts supply in response to market conditions.
The Mento protocol originated from Mento Labs and materialized on April 21, 2021, with the launch of CEUR alongside other regional stablecoins. This suite was designed to expand Celo’s ambition of mobile-first DeFi into the realm of foreign exchange. Early adoption came from remittance corridors and decentralized exchanges on Celo seeking a euro-denominated quote currency.
The overarching mission of the Mento ecosystem is to establish a fully on-chain foreign exchange infrastructure, enabling any currency to circulate as easily as data across the internet. CEUR functions as the euro pillar of this vision, decoupling euro holders from the constraints of SWIFT messaging and nostro-vostro account structures. It aims to democratize access to stable euro liquidity for unbanked populations and crypto-native institutions alike.
Within the protocol, CEUR is minted when users deposit whitelisted collateral into Mento’s smart contracts, and it is burned to release that collateral upon redemption. Governance token holders within the Mento ecosystem vote on collateral types and risk parameters, indirectly influencing CEUR’s supply dynamics. The token acts as the unit of account for all euro-denominated transactions in the Celo DeFi landscape, from lending pools to payment rails.
Traders hold CEUR to hedge euro exposure and execute cross-border arbitrage; liquidity suppliers deposit CEUR into automated market makers to capture trading fees; payment processors integrate CEUR to finalize euro settlements in under five seconds. Arbitrageurs continuously rebalance prices across order books, profiting from minuscule spreads while reinforcing the peg. Merchants accept CEUR for instant euro-denominated receipts without chargeback risk.
Celo Euro has a total supply of 3,269,958 tokens. Currently, 3,269,958 are in circulation. With a market capitalization of $3,820,204, Celo Euro ranks #1,830 among all cryptocurrencies.
Mento Euro Historical Price Data
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 12/06/2026 | $1.16 | $1.16 | $1.16 | $1.15 |
| 11/06/2026 | $1.15 | $1.16 | $1.16 | $1.15 |
| 10/06/2026 | $1.15 | $1.15 | $1.16 | $1.15 |
| 09/06/2026 | $1.15 | $1.15 | $1.16 | $1.15 |
| 08/06/2026 | $1.15 | $1.15 | $1.16 | $1.14 |
| 07/06/2026 | $1.15 | $1.15 | $1.15 | $1.15 |
| 06/06/2026 | $1.16 | $1.15 | $1.16 | $1.15 |
| 05/06/2026 | $1.16 | $1.16 | $1.17 | $1.15 |
Why is manual trading Mento Euro a bad idea?
Manual eurm trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
-
AI trades 24/7 automatically Catch every opportunity
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Zero-emotion algorithm Disciplined strategy
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Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
in cumulative assets under management since inception
2015
year of company foundation
FAQ
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Mento Euro (EURM) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live EURM price, market cap, and 24-hour trading volume at the top of this page.
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The current price of Mento Euro (EURM) is $1.16. Over the last 24 hours, it has moved 0.09%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy Mento Euro on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.
The smartest way to manage your EURM investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading. -
Stablecoins (like EURM) are designed to maintain a stable value, usually pegged to a fiat currency like the US dollar. While their price typically stays close to the peg, they can occasionally depeg due to market stress, liquidity issues, or concerns about reserve backing.
Many traders use stablecoins as a safe haven during crypto market volatility or as a convenient way to move funds between exchanges. -
We can’t provide investment advice. Whether Mento Euro is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
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Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
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Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. EURM can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
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With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
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You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.
