What Mango Markets governs
Mango Markets (MNGO) is a DeFi protocol governance token, currently ranked 502nd by market capitalization among the assets we track. Mango Markets is the governance token of a DeFi protocol: holding it is less like owning a currency and more like owning a vote over how the protocol runs — and, in some designs, a share of the fees it collects.
Mango Markets (MNGO) is a decentralized trading platform built on the Solana blockchain, allowing users to trade cryptocurrencies with high efficiency and low fees. It features an order book model combined with the benefits of decentralization for improved user control and security.
How value is supposed to accrue
DeFi tokens are worth something when the protocol generates fees and routes value to holders — through revenue share, buybacks, or governance over a real treasury. Without that link, a governance token is just a vote.
Background & fundamentals
In sector terms it is most often filed under Alleged SEC Securities, DeFi, and FTX Holdings.
Where Mango Markets sits in the market
Trading around $0.0280, Mango Markets carries a market capitalization of $31.30M. Around $7.68K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.02% of the float — on the quieter side, which can mean thinner liquidity for large orders.
Mango Markets carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. MNGO remains -95% beneath its all-time high of $0.5096, the kind of gap that historically takes a full cycle or a fresh catalyst to close. Measured from its all-time low of $0.00090000, MNGO is up +3,012%.
What the price history shows
The tape currently reads 24-hour -2.26%, 7-day -2.16%. MNGO sits near the top of its 366-day range (about the 75th percentile of recent closes), so it is closer to local resistance than support.
Volatility profile
Recent action puts Mango Markets in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual.
How to evaluate a DeFi token like Mango Markets
A grounded read on MNGO comes down to three questions:
- Protocol revenue — fees the application actually earns, and whether any of it reaches MNGO holders.
- Total value locked — how much capital trusts the protocol — and how sticky it is versus mercenary yield.
- Token utility — whether MNGO is load-bearing (governance over real value, fee rights) or decorative.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
