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Hot
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Mento is a decentralized foreign exchange infrastructure expected to exceed $18.5 billion in trading volume in 2025. Today, Mento has officially launched on the Monad blockchain, marking its first expansion beyond the Celo ecosystem. This deployment introduces native foreign exchange markets to Monad, with the initial launch of a real-time GBP/USD liquidity pool on the Mento Asset Exchange. The protocol uses an oracle-based pricing mechanism to track real-world exchange rates and aims to provide predictable foreign exchange trading execution for payments and DeFi applications on high-performance Layer 1 networks.