CHFm, issued by the Mento Protocol smart contracts under the governance of its protocol tokenholders, is a stablecoin that references the Swiss Franc (CHF) and circulates as a transferable digital token on public blockchain networks.

Holders of CHFm hold a digital token whose intended reference value is the Swiss Franc (CHF), the official currency of Switzerland, recorded as the reference asset for this token. Each unit represents a CHF-referenced balance that transfers between addresses on supported public networks. The reserve composition, the peg ratio, the yield or accrual treatment, and any fees borne by the holder are not established by a citable issuer source and are therefore not represented here.

CHFm is not issued by a single corporate entity; it is created and administered onchain through protocol smart contracts rather than by a named legal issuer. The issuer legal entity, jurisdiction of formation, applicable regulator or license regime, the legal form of the tokenholder's claim, eligibility and offering restrictions, redemption rights, and any custodial or security arrangement protecting tokenholders are not established by a citable issuer source and accordingly are not represented in this entry. Because no issuer documentation could be sourced within scope, this description states only the asset identity recorded in the registry and the protocol-issued character of the token.

CHFm exists as a token recorded on public blockchain networks and transfers between addresses through standard onchain transactions confirmed by the underlying networks. The specific token standard, the named blockchain networks supported, the mint and burn mechanics, the settlement timing, and any oracle or price-publication mechanism are not established by a citable issuer source and are therefore not represented in this entry.

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# Asset senders (monthly) methodology

## 1. Overview

Asset senders (monthly) is defined as the number of unique addresses from which asset transfers are initiated over a rolling 30-day period. For each tracked asset, outgoing transfer transactions are analyzed across supported blockchains to identify the sending addresses. These addresses are deduplicated over a 30-day window to represent the monthly active sender base. This metric is utilized to evaluate user adoption, transactional activity, and the overall utility of tokenized assets.

## 2. Data sources

- **EVM chain events**: Token transfer events, covering EVM-compatible chains (Ethereum, Arbitrum, Base, Polygon, Optimism, and others)
- **Solana instructions**: Token transfer instructions
- **Aptos, Sui, Cardano, and Stellar Classic data**: Token withdraw transactions
- **Stellar Soroban, Algorand, Near, Injective, and Ripple data**: Token transfer transactions
- **Polkadot Asset Hub events**: `Transferred` events from `assets` pallets
- **Asset metadata**: Token contract addresses and decimal precision

## 3. Step-by-step calculation

### Component A: Extract daily asset senders

- **Purpose**: Identify unique addresses initiating transfers on a daily basis
- **Logic**: On EVM-compatible chains, token transfer events are parsed to extract the sender address from the transaction, excluding the zero address. On Solana, token transfer instructions are parsed to identify the authority address. On Aptos, Sui, Cardano, and Stellar Classic, token withdraw transactions are parsed to extract the account address. On Stellar Soroban, Algorand, Near, and Injective, token transfer transactions are parsed to extract the sender address, excluding null addresses. On Ripple, token transfer transactions with negative values are parsed to identify the sending account address. On Polkadot Asset Hub, `Transferred` events from `assets` pallets are parsed to extract the sender address. For all chains, the extracted addresses are grouped by day and token address to produce a daily record of unique senders.
- **Key fields**: `timestamp` (block day), `token_address` (asset identifier), `sender_address` (initiating address)

### Component B: Aggregate rolling monthly senders

- **Purpose**: Calculate the unique sender count over a rolling 30-day window
- **Logic**: A daily datespine is generated to establish a continuous timeline. For each day in the timeline, a 30-day lookback window is constructed, encompassing the current day and the preceding 29 days. Daily sender addresses collected within this window are aggregated and deduplicated. The total number of unique, deduplicated addresses is then counted for each asset on each day.
- **Key fields**: `timestamp` (calculation day), `token_address` (asset identifier), `asset_senders` (unique monthly sender count)

### Component C: Final aggregation and zero-filling

- **Purpose**: Combine data across chains and fill missing activity days
- **Logic**: The deduplicated monthly sender counts are aggregated at both the individual chain level and the global asset level. For days where no transfer activity is recorded for a tracked asset, the metric is filled with zero values to maintain a continuous time series.
- **Key fields**: `timestamp` (reporting day), `chain_id` (blockchain identifier), `token_address` (asset identifier), `asset_senders` (final monthly unique sender count)

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Unique asset senders over a rolling 30-day window.

Asset senders (monthly)

Stablecoins

Mento maintains the exchange mechanism on Celo that issues local-currency stablecoins (cUSD, cEUR, cBRL, cKES) backed by a diversified on-chain reserve, earning revenue through trading spreads on minting and redemption.

Mento Labs builds multi-currency stablecoin infrastructure for the Celo ecosystem, issuing cUSD, cEUR, cREAL, and cKES with a decentralized FX trading platform.

Mento Labs is a team of economists and engineers spun out of the core Celo development team, led by CEO Markus Franke.

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Stablecoin issuers

Mento Labs

Mento Swiss Franc (CHFm) is a Swiss Franc stablecoin issued by Mento Labs.

Holders can mint and redeem directly with Mento Labs.

CHFm has been issued on Celo as an ERC-20 token since May 2025.

Mento Swiss FrancCHFm