Mendi Finance MENDI

What MENDI actually is on-chain

Mendi Finance is an ERC-20 deployed on Linea, at contract address 0x43e8809ea748eff3204ee01f08872f063e44065f. That address, not the ticker MENDI, is what uniquely identifies this asset: anyone can deploy a second token calling itself MENDI, but the contract is unforgeable. Verify it against lineascan.build before sending funds or approving a spend.

Because it lives on Linea, MENDI is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in MENDI itself, and secondary liquidity sits in Lynex pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

For MENDI the project publishes a whitepaper, a public source repository and an active account as @MendiFinance. Both a written specification and readable code exist, which is a materially higher bar than most assets in this size range clear. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where MENDI sits in the market

Mendi Finance ranks #8456, in the far end of the rank table, where a capitalisation figure is barely meaningful, far outside the set of assets that carry continuous market-maker coverage. At this end of the table the first question is data integrity rather than valuation: a quote can originate from a single pool or a single venue, reported volume is difficult to verify independently, and the distance between the last print and a genuinely executable price can be wide. Treat any indicator computed on this series as provisional.

We are not currently receiving a live MENDI order book from any of the exchanges connected to this site, so no real-time quote is shown above. That is itself information: it usually means the pair is unlisted on the venues we track, or trading has been halted. MENDI is a Linea asset, so whatever turnover exists is most likely in Lynex pools rather than on a centralised book, and every fill there costs ETH in gas on top of the pool's own fee.

MENDI against its all-time high

Mendi Finance's record high is $0.7033, set on 2024-03-29. That high sits in a range where whole-cent and whole-unit levels are genuinely traded, which makes them usable as alert thresholds if a quote returns. It was set 3 years ago, so it belongs to the current cycle but not to current conditions. We are not quoting a drawdown from it because no tracked venue is giving us a live MENDI price — a stale or single-pool number would make that percentage look precise when it is not.

MENDI across its historical range

MENDI has traded across a 1,678x range, between $0.00041901 and $0.7033. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

The record low of $0.00041901 was printed on 2026-05-12 — within the last six months. We have no live quote to measure the current distance from it.

MENDI supply and valuation data

At #8456 there is no reliable third-party supply audit for MENDI at all — token counts this far down the table are frequently restated, and we would rather show nothing than show a number that moves without notice. What we do have is a fully diluted valuation of $42 thousand as of 2026-05-13. That is in the bottom quartile of tracked assets, a range where a single liquidity provider can account for most of the quoted value.

That valuation is a point-in-time snapshot, not a live figure, so we deliberately avoid dividing it back into a token count — the price has moved since, and the arithmetic would yield a precise-looking supply number that is simply wrong. Read the current supply from the project's own explorer before relying on any per-token valuation. The authoritative figure is the one lineascan.build reports for this contract.

What kind of asset MENDI is

Mendi Finance is a DeFi protocol token, which ties it to total value locked and to the interest-rate environment on-chain. These assets carry a beta to the market plus a second exposure that is easy to miss: protocol risk. A contract exploit or an oracle failure repriced instantly and independently of any market move, and that tail is a real component of holding the token.

CoinGecko files MENDI under 3 categories, including Decentralized Finance (DeFi), Lending/Borrowing Protocols, Linea Ecosystem.

How to set a Mendi Finance alert that is worth receiving

Mendi Finance is the ERC-20 at 0x43e8…065f on Linea — high dated 2024-03-29 — rank #8456. On this profile the condition that carries signal is a two-sided price threshold beyond the recent band plus a 4-hour or daily RSI condition.

Full alert-design method: thresholds, RSI/MACD and volume conditions →