Mento Philippine Peso PHPM

What PHPM actually is on-chain

Mento Philippine Peso is a contract-issued token at address 0x105d4A9306D2E55a71d2Eb95B81553AE1dC20d7B, recorded on explorer.celo.org. We do not have a verified chain label for that explorer in our dataset, so we will not name the network here — check explorer.celo.org directly and confirm the address matches before interacting with it.

For PHPM the project publishes a public source repository and an active account as @MentoLabs. That is a partial paper trail — enough to check claims against, not enough to audit. 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 PHPM sits in the market

Mento Philippine Peso ranks #6026, in the deep tail, among assets that are tracked but rarely quoted, 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 PHPM 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.

PHPM against its all-time high

Mento Philippine Peso's record high is $0.0193, set on 2025-08-25. 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 about a year 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 PHPM price — a stale or single-pool number would make that percentage look precise when it is not.

PHPM across its historical range

The recorded range is comparatively narrow: 2.38x between $0.00810846 and $0.0193. Either the price history is short, or the asset is designed not to move.

The record low of $0.00810846 was printed on 2025-10-10 — about a year ago. We have no live quote to measure the current distance from it.

PHPM supply and valuation data

At #6026 there is no reliable third-party supply audit for PHPM 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 $102 thousand as of 2026-05-12. That is in the bottom quartile of tracked assets, a range where a single liquidity provider can account for most of the quoted value.

Since the figure is a snapshot rather than a live number, we do not reverse it into a supply count: the price has moved since it was taken, and that division would produce a confident but incorrect token count. For any per-token valuation, check the current supply on the project's own explorer first. The authoritative figure is the one explorer.celo.org reports for this contract.

What kind of asset PHPM is

Mento Philippine Peso is pegged to the US dollar, so the only price question that matters is whether the peg holds; trend and momentum readings on a dollar peg describe noise, not direction. Its peg is maintained algorithmically rather than by reserves. That is the most fragile of the stablecoin designs: the mechanism that defends the peg is itself reflexive, so it is strongest when it is least needed and weakest during the redemption pressure it exists to absorb. Depegs in this category tend to be step changes, not drifts. It is small for a stablecoin, and at this size the peg depends heavily on one or two liquidity pools; thin-book depegs here say more about liquidity than about solvency.

CoinGecko files PHPM under 4 categories, including Stablecoins, Celo Ecosystem, Algorithmic Stablecoin, Crypto-backed Stablecoin.

How to set a Mento Philippine Peso alert that is worth receiving

Mento Philippine Peso (PHPM) — high dated 2025-08-25 — rank #6026. On this profile the condition that carries signal is a peg-deviation band of roughly ±0.5% of par, with RSI ignored entirely.

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