Mento Canadian Dollar (CADm) stablecoin analytics
Answer First
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 assess CADm as safe: it holds an F Safety Score grade (19/100) in the latest published rating, which flags significant structural risk. 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.
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 Sep 7, 2026
CADm is Mento's oracle-priced Canadian dollar stablecoin on Celo, issued and retired against USDm through the Mento Broker at the CAD/USD SortedOracles rate and backed by the shared Mento reserve rather than Canadian bank reserves. It was added mainly for ecosystem completion rather than market size, and circulating supply is small next to the Canadian-issued CAD stablecoins Pharos tracks. The collateral story is therefore Mento reserve exposure: a basket of AUSD, sUSDS, CELO, USDT, EUROP, EURC, USDC, stETH, and...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: Mento reserve model documentation
- 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.
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 Sep 7, 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 assess CADm as safe: it holds an F Safety Score grade (19/100) in the latest published rating, which flags significant structural risk. 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.
