Mantle Network
MNT
Ethereum-based modular Layer 2 network
Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.68% | 1.01% | 7.71% | 13.86% | 13.36% | 18.85% |
Comparison
Investment
Sub Organizations
On-chain Holding
| Holding Token | Price | Amount | Total Value |
|---|---|---|---|
| No Data | |||
Top Holders
| Address | Token | Quantity | 7d | Percentage | Value |
|---|---|---|---|---|---|
| Mantle: Treasury (b73d) |   MNT | 2,900,022,409.2 | -- | 46.63% | $1.53B |
| 0x8ed5...a3eb | MNT | 463,932,766 | -- | 7.46% | $245.72M |
| 0xe466...f243 | MNT | 356,717,709 | -- | 5.74% | $188.93M |
Open Markets
| # | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|---|---|---|---|---|---|---|
| 1 | BBybitCEX | MNT/USDT | $1.23 | $247,754 | $262,163 | $41,156,841 | 193.13% |
| 2 | BBingXCEX | MNT/USDT | $1.23 | $27,835 | $173,223 | $6,730,179 | 31.58% |
| 3 | HHTXCEX | MNT/USDT | $1.23 | $5,709 | $15,645 | $5,018,796 | 23.55% |
| 4 | UUpbitCEX | MNT/KRW | $1.24 | $352,817 | $294,130 | $3,248,055 | 15.24% |
| 5 | KKuCoinCEX | MNT/USDT | $1.23 | $127,115 | $337,591 | $992,485 | 4.66% |
| 6 | MANTLE/USD | $1.23 | $322,499 | $295,899 | $896,643 | 4.21% | |
| 7 | BBithumbCEX | MNT/KRW | $1.24 | $62,064 | $15,422 | $882,795 | 4.14% |
| 8 | KKrakenCEX | MNT/USD | $1.23 | $290,234 | $282,145 | $641,008 | 3.01% |
| 9 | MNT/USDE | $1.23 | $95,219 | $94,933 | $424,792 | 1.99% | |
| 10 | BBybitCEX | MNT/USDC | $1.23 | $12,904 | $22,272 | $311,479 | 1.46% |
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About Mantle Network
Mantle Network, a modular Ethereum Layer-2, has evolved from a treasury-backed experiment into a top-tier chain. Its mainnet launched in July 2023, and within a year it became the fourth-largest L2 by TVL, a milestone reflecting sustained user trust and liquidity growth. A key long-term development was the introduction of mETH in December 2023, a liquid staking protocol that quickly became the fourth-largest LSD on Ethereum, followed by cmETH for restaking, deepening its DeFi ecosystem. In April 2025, Mantle partnered with Securitize to launch the MI4 tokenized index fund, backed by $400 million from its treasury, marking a significant step into institutional-grade on-chain finance. By mid-2025, Mantle's stablecoin supply reached a record $713.8 million, and its ETH and derivative holdings exceeded 100,000 coins, underscoring robust financial infrastructure. The network also migrated to a ZK-validium architecture using Succinct's SP1 zkVM in September 2025, reducing withdrawal windows from seven days to six hours—a technical upgrade with lasting impact on user experience and scalability. These milestones highlight Mantle's trajectory from a novel modular design to a comprehensive platform for DeFi, institutional products, and scalable blockchain solutions.
Positive:
RWA ecosystem expansion: RWA TVL grew from ~$22M to $257M in a year, with 700+ tokenized assets.
Mantle Vault expands to DeFi: Partnering with Grove, CIAN, and Fluxion, users can deposit USDC/USDT0 to earn sUSDS yield and Fluxion points, plus GROVE incentives.
Stablecoin infrastructure strengthened: Joined Global Dollar Network, natively integrated Paxos USDG, with stablecoin TVL reaching $982M.
Cross-chain security upgrade: Super Portal migrated from LayerZero to Chainlink CCIP, bringing institutional-grade security to MNT cross-chain transfers.
Negative: No major material negatives.