celo09
$celo
MCAP44.02M
-7.98%

what's celo?

Celo is a mobile-first, EVM-compatible blockchain platform focused on enabling fast, low-cost payments and promoting financial inclusion for the billions of mobile phone users worldwide. Originally launched as a standalone Layer 1 on Earth Day 2020, it transitioned to an Ethereum Layer 2 in March 2025 to leverage Ethereum's security and scalability while powering DeFi applications and stablecoin ecosystems. Key features include native stablecoins like cUSD, cEUR, and cREAL, which are backed by diversified reserves and facilitate seamless, sub-cent fee transactions without needing native gas tokens. The platform supports over 500 million on-chain transactions to date, with strong adoption in emerging markets through integrations like USDT and partnerships for real-world payments. Celo's architecture emphasizes accessibility, allowing users to pay gas fees in stablecoins and enabling easy onboarding via phone numbers or biometrics. Its governance and utility token, CELO, secures the network through proof-of-stake and enables community-driven development.

Snapshot

Celo integrated x402/ERC-8004 for AI agent stablecoin API payments with low costs; new agent skills released.

contract

celo

13H ago
ONCHAIN METRICS

Reached 1.7 million monthly active addresses, an all-time high, representing approximately 70% growth over the past six months.

14H ago
TECH EVENT

MiniPay redesigned Boost feature to reward users with value by using the app.

TECH EVENT

MyriadMarkets launched prediction market product to MiniPay with 5,000 USDT in monthly rewards.

VISIBILITY EVENT

Awarded 4 winners for the Build Agents for the Real World hackathon from over 40 submissions.

FINANCIAL EVENT

Prezenti Grants announced Season 2 Anchor Pool grants starting from $25,000 and Boost Pool invite-only grants available until 2026-06-30.

PARTNERSHIP

Kiln Finance partnered with MiniPay to launch a MiniApp enabling users to earn yield on USDT.

TECH EVENT

Mento V3 includes fixed-priced FX, LP rebalancer, and multichain FX.

2D ago
ONCHAIN METRICS

Reached all-time high of $6.2 billion in stablecoin volume in January 2026, up 41% from $4.4 billion in December 2025.

VISIBILITY EVENT

Sponsored the Open Source AI Summit at The House SF on 2026-02-25, cohosted by NEAR Protocol and featuring talks on AI agents and agentic finance.

TECH EVENT

Scheduled Jovian Hardfork, following 4 hardforks in previous 12 months.

3D ago
PARTNERSHIP

Integrated Morpho markets and vaults with FeatherLend for curated yield, enabling staked CELO looping.

1W ago
MARKET ACTIVITY

Suspended perpetual futures trading on Coinbase, with CGLD-PERP settled at $0.07712 USDC based on 60-minute average index price prior to suspension.

FINANCIAL EVENT

Proposed to activate protocol fees on all Uniswap v3 pools deployed on Celo along with 7 other chains.

PARTNERSHIP

Integrated with Mellow Protocol's automated liquidity management (ALM) system on Velodrome Finance, which actively manages liquidity in CELO/WETH, CELO/USDT, and CELO/USDC pairs.

FINANCIAL EVENT

GoodDollar launches GoodBuilders S3 program, a 3-month initiative streaming $50K G$ fund, powered by Superfluid and running on Flowstate.

VISIBILITY EVENT

Celo COO Liz Peng joins CoinDesk's Consensus panel titled "NFTs are Dead, Long Live Digital Art"

PARTNERSHIP

Optimism opens Season 9 OP Growth Grant applications to Celo builders

ONCHAIN METRICS

Allbridge integration with Celo reaches over $8.3M in volume across 32,800+ transactions

FINANCIAL EVENT

Relay goes live on Celo and launches $10K pilot match round for refugee-led projects in Kenya and Uganda

VISIBILITY EVENT

Mentioned as one of five blockchains (Ethereum, Sei, Celo, COTI, and TAC) where the Arb Fast Lane solver system operates through CarbonDeFi.

ONCHAIN METRICS

Generated $3,000 in gas fees over the past 7 days, with 60% attributable to stablecoin-related activity.

2W ago
VISIBILITY EVENT

Featured in Messari report as one of the OP Stack-based chains, positioned as focused on mobile payments alongside other major OP Stack deployments.

TECH EVENT

Extended hackathon submission window to February 18, 2026, with $5,000 USDT prizes, Marco judging, and @SelfClaw infrastructure. Backs SELFCLAW AI project, partnered with Google.

MARKET ACTIVITY

Integrated Self Protocol for identity, age, and OFAC sanctions compliance verification through ERC-8004 infrastructure. Merkle launched CELO-USDT pool on Uniswap with Self Protocol verification.

ONCHAIN METRICS

USDT on Celo reached an all-time high of 4.23 million weekly users across MiniPay, DeFi, and other applications

PARTNERSHIP

Launched Textile Protocol, deploying $224K across 9 credit pools in 5 countries within Week 1.

3W ago
TECH EVENT

Integrated thirdweb's x402 protocol with ERC-8004 standard, deploying portable agent reputation for stablecoin-optimized agentic applications.

TECH EVENT

Released new agent skills available for installation via npx command.

FINANCIAL EVENT

Textile Protocol integrated Carbon DeFi, enabling USDGLO rewards via Merkl for USDm/USDGLO and CELO/USDGLO pairs.

1M ago
FINANCIAL EVENT

Celo Colombia announced $100K prize to the person with the most POAPs of Colombian airports on February 28th, 2026

FINANCIAL EVENT

Received approximately $103k in grants and accelerator support from Celo, Prezenti, AWS, and Stellar SCF.

VISIBILITY EVENT

Participating as a guest speaker in a Twitter Spaces event titled "Rise of DeFi - Top Innovators" scheduled for January 28th, 2026, alongside OKX Ventures, Bancor, and other DeFi projects.

TEAM UPDATE

Integrated foundation and labs organizations into a unified structure.

PARTNERSHIP

Integrated native fee abstraction into the OP Stack as a customization feature.

ONCHAIN METRICS

Achieved $380.57 million in 24-hour trading volume.

VISIBILITY EVENT

Grayscale included CELO in their Assets Under Consideration list for Q1 2026.

ONCHAIN METRICS

Experienced a 21% week-over-week increase in activity for Arb Fast Lane, which sources liquidity from major DEXs and maintains price parity across the chain.

VISIBILITY EVENT

Held a discussion or presentation about appchains on Celo on January 9, 2026.

VISIBILITY EVENT

Ranked as a top 16 developer platform in the Electric Capital Developer Report, ahead of Starknet, TON, Stellar, and Aptos.

TECH EVENT

Launched first multiple choice governance proposal system with proposals 269, 270, and 271 currently active for voting, affecting validator operations and protocol spending.

PARTNERSHIP

Integrated with Spire Labs' Pylon protocol to enable synchronous composition across Celo and other Pylon appchains.

ONCHAIN METRICS

Paid $0.0005 in rent to Ethereum L1 per active address over the past 30 days (as of 2026-01-02).

2M ago
ONCHAIN METRICS

Generated $470k in lifetime onchain profit as of late December 2025.

TECH EVENT

Launched synchronous crosschain reads capability on 2025-12-22.

ONCHAIN METRICS

Reached $185M in stablecoin supply.

FINANCIAL EVENT

Runs a miniapp tournament voting competition on December 17-18, 2025, with 200 CELO in seeded rewards that increase with participation.

ONCHAIN METRICS

Total TVL is approximately $50M.

Celo starts tokenomics review aimed at linking CELO token to network activity.

An exchange removes CGLD-EUR and CGLD-GBP order books to improve market health and consolidate liquidity.

Revenue grows 10x since 2024 and 50% of network volume transacts in USDT, with $100M revenue projected.

Surpassed Base with 700k daily active users and 175% YoY wallet growth. MiniPay reached 550k monthly users and 270 million transactions across 60 countries.

Stripe acquires the Valora development team to join its blockchain division, while the Valora app and intellectual property return to cLabs.

Integrated Espresso to prevent sequencer equivocation, improving transaction finality. Espresso Foundation launched $ESP claims for eligible Celo community members at claim.espresso.foundation.

Valora wallet gets acquired by Stripe. Opera and MiniPay announce extended partnership for global expansion, real-time merchant payments and cards, while Ledger Wallet adds crosschain swap support with multiple token integrations including USDT, USDC, and Mento stablecoins.

Jello Hardfork launched with ZK fault proofs via OP Succinct Lite and EigenDA's Hokulea integration, an optimium style L2 with ZK Rollup architecture. Converted from an Alt-L1, trading sovereignty for tighter Ethereum alignment.

Tokenomics update released on December 9th.

The Celo Tokenomics Initiative launches soon with a 4-phase community process to explore buybacks, burn mechanisms, and demand-based models, culminating in an onchain governance vote. The initiative begins with an open call for researchers and economists to submit proposals through the Celo Forum.

The network's economic engine is being redesigned.

MiniPay adds PIX payment support in Brazil and Mercado Pago in Argentina for direct payments from self-custodial wallets. Self Protocol mobile wallet SDK with sybil resistance features planned for release next year.

EY's Nightfall Layer 3 goes live on the network for enterprise-grade privacy payments. Monthly revenue grows 10x since January 2024, and Tether receives Abu Dhabi ADGM approval for licensed firms to use USDT on the network.

MiniPay reports 11M users on the platform.

Jello Hardfork on Dec 10 makes the network the first Ethereum L2 to integrate OP Succinct Lite technology for ZK-powered fault proofs.

Network now leads in non-USD stablecoin volume and has the most active addresses across the ecosystem.

Major protocol upgrade "Jello" goes live December 10, transitioning the network to an OP-aligned Layer 2 with ZK fault proofs.

Partnership with ENS domains introduces Celonames, enabling human-readable identities for users to engage with Ethereum applications on the network.

MiniPay reports 300M+ stablecoin transactions and 40+ Mini Apps live, with stablecoin-backed cards now scheduled for early 2026 as the Opera partnership deepens.

11M wallets currently active across the network. MiniPay to launch stablecoin cards feature soon.

Partnership announcement with Opera browser. (Tweet ID: 1996631665876332546)

Ledger Wallet now supports additional Celo tokens including USDT, cUSD, and cEUR stablecoins.

Ledger Wallet now supports CELO token swaps directly within their platform. The Jello Hardfork is scheduled for December 10, 2025.

Fusaka update goes live within 30 minutes of announcement. (Tweet ID: 1996328535972270142)

Network metrics show monthly fees up 4x since 2024, CELO token holders doubled year-over-year, and monthly transactions hit 46M representing a 4x increase from January 2024.

Serves as title sponsor for Binance Blockchain Week 2025.

Partnership expansion with Opera introduces real-time merchant payments and cards to MiniPay.

Partnership with Opera extended to scale stablecoin payments to 1 billion people by 2030, with global expansion starting in 2026. MiniPay reaches 11M wallets and 300M+ transactions.

A developer incentive program offers 27,000 CELO for building MiniApps on MiniPay in collaboration with CeloEurope.

Network completes 1 billion transactions with 700K daily active users and ATH stables volume exceeding $3B monthly. Uniswap v4, Aave, Bancor, and VelodromeFi launch this year, while MiniPay reaches 10M activated wallets with 275M transactions.

Monthly revenue increases by approximately 10x since January 2024 according to TokenTerminal. MiniPay announces support for Mercado Pago and PIX payments at EFDevcon, powered by Noah. ETHGlobal Buenos Aires concludes with 46 Celo projects submitted and 3 winners. Optimism recognizes Celo and MiniPay for stablecoin payment contributions to the Superchain.

The Jello Hardfork is scheduled for December 10th.

3M ago

Celo serves as title sponsor of Binance Blockchain Week 2025 on December 3rd & 4th with live coverage scheduled.

Celo hosts deployment of the Anemoy Treasury Fund (JTRSY), a $295M market cap RWA fund and the second largest asset tokenized by Centrifuge.

Celo integrates with Espresso's finality infrastructure and is featured in a $5K bounty program at ETHGlobal for crosschain app development on Espresso-integrated chains.

L2 migration reaches major milestone with Succinct SP1 integration for Stage 1-level security and optimistic + ZK design that improves finality and withdrawal times.

Celo and MiniPay join the Superchain, integrating with Optimism's network of interoperable L2s.

Monthly revenue up approximately 10x since January 2024.

CarbonDeFi launches USDGLO rewards with 526% APR on CELO/USDGLO liquidity pool featuring concentrated liquidity and auto-compounding, with rewards distributed via Merkl.

StakeCapital launches x402 Facilitator with Celo as one of five supported chains, providing payment verification and settlement infrastructure for APIs, AI agents, and machine-to-machine micropayments with over $2.35 million processed so far.

Ranks #1 among L2s by DAUs and sets stablecoin volume record with just under $3B transferred in one month.

Minipay adds gold support and ecosystem partner Self Protocol closes seed funding round and launches Points program.

Aave integration offers boosted yields on USDT and WETH for verified humans using Self's zk proof-of-humanity verification, and Velodrome integration provides 25-36% vAPR via Stabila incentives for verified wallets.

Launches Celonames naming service through partnerships with ENS, Namespace, and Self, enabling human-readable names with proof-of-personhood verification for under a penny per registration.

Records +10.1% growth in daily active addresses over 30 days, placing it 9th among the fastest growing L1 and L2 networks.

The Arb Fast Lane feature records +70% weekly growth in executed transactions for CarbonDeFi strategies on the network.

Reports 727K daily active users, overtaking Base in active addresses. SortedWallet integration enables USDT gas fee payments, GetBlockio adds node infrastructure support, and Proof of Ship 10 developer competition launches with 30,000 CELO in prizes until December 12.

Celo Dollar stablecoin drives 40% of network activity with 296,870 active addresses yesterday and over 69 million cumulative transactions.

Leads the pack in active addresses, advancing from the second-highest rollup position reported on November 3rd.

Celo Sepolia testnet completes the Jello hardfork upgrade to OP Succinct Lite, with mainnet launch upcoming.

Head of Ecosystem Isha Varshney leaves after three and a half years to join Artemis as Head of Revenue, having previously scaled MiniPay from 0 to over 10 million users during her tenure.

Boosted voter rewards program offers 23-24% APY on four liquidity pools (USDT-WETH, USDT-cUSD, USDT-USDC, CELO-USDT), requiring SelfProtocol verification to participate.

Celo reaches 1 billion total transactions, marking a major network milestone.