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Pharos

Mento Canadian Dollar (CADm) stablecoin analytics

CADm is Mento's reserve-backed Canadian dollar stablecoin on Celo, issued and retired through the oracle-priced USDm/CADm Broker pool.

Static Profile

Static stablecoin profile

Mento Canadian Dollar (CADm) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg Canadian Dollar.

AI summary / Updated May 15, 2026

CADm is Mento's oracle-priced CAD stablecoin on Celo, backed by the shared Mento reserve rather than Canadian bank reserves. CADm is Mento's Canadian dollar stable asset on Celo, added mainly for ecosystem completion rather than market size. DefiLlama provides price and supply...

AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026

Collateral
Shared Mento Reserve: Mento's pinned analytics configuration classifies CADm as reserve-backed rather than CDP-backed. Its backing is the protocol's diversified, dynamically managed reserve, not USDm locked in a CADm-specific borrower trove.
Peg Mechanism
CADm is issued through Mento v2's USDm/CADm Broker and BiPoolManager exchange. A USDm-to-CADm swap burns incoming USDm and mints outgoing CADm; the reverse burns CADm and mints USDm. The virtual pool prices swaps from the CAD/USD SortedOracles feed and applies spread, trading-limit, report-count, freshness, and BreakerBox checks.
Jurisdiction
Not disclosed in the static profile.
Proof Of Reserves
Real-Time PoR by Mento Reserve dashboard Reserve source
Contracts
1 deployment tracked across Celo.

Snippet Answer

Is CADm safe?

Pharos does not mark CADm as absolutely safe. Static metadata says Mento Canadian Dollar uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with Real-Time PoR from Mento Reserve dashboard; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.

Next Actions

Exact bot target: /subscribe dews,depeg,safety cadm-mento

Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 15, 2026.

CADm quick answers

What is Mento Canadian Dollar (CADm)?

CADm is Mento's reserve-backed Canadian dollar stablecoin on Celo, issued and retired through the oracle-priced USDm/CADm Broker pool. The static profile records its Canadian Dollar peg mechanism as: CADm is issued through Mento v2's USDm/CADm Broker and BiPoolManager exchange. A USDm-to-CADm swap burns incoming USDm and mints outgoing CADm; the reverse burns CADm and mints USDm. The virtual pool prices swaps from the CAD/USD...

Is CADm safe?

Pharos does not mark CADm as absolutely safe. Static metadata says Mento Canadian Dollar uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with Real-Time PoR from Mento Reserve dashboard; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.

What backs CADm?

Pharos classifies CADm backing as Crypto-Collateralized. Collateral, per the static profile: Shared Mento Reserve: Mento's pinned analytics configuration classifies CADm as reserve-backed rather than CDP-backed. Its backing is the protocol's diversified, dynamically managed reserve, not USDm locked in a CADm-specific borrower... Reserve evidence: Real-Time PoR from Mento Reserve dashboard.

Can CADm be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for CADm, when applicable, appear in the dossier below.