Mantle

MNT Price

About Mantle

Mantle is a pioneering on-chain ecosystem dedicated to revolutionizing blockchain scalability and bridging traditional finance with decentralized finance through its Ethereum Layer 2 network and suite of financial products.

• Mantle Network is now the world's largest ZK rollup by total value locked with over $2 billion, having transitioned from an optimistic rollup to a ZK validity rollup using Succinct's OP Succinct technology.

• The MNT token powers the ecosystem, serving as the native gas token for Mantle Network while enabling governance and staking across the platform.

• Mantle Treasury holds over $6.2 billion in assets including MNT, ETH, BTC, and stablecoins, providing financial stability for ecosystem development.

What Is Mantle

Mantle Network is an Ethereum Layer 2 that transitioned to a ZK validity rollup, delivering institutional-grade fast finality with secure one-hour finality and six-hour withdrawals—a significant improvement over competing Layer 2s with seven-day exits. The network uses a modular architecture that separates transaction execution, data availability, and transaction finality into distinct layers, allowing each component to be upgraded independently.

By integrating EigenLayer's data availability layer EigenDA, Mantle achieves significantly lower transaction fees while maintaining Ethereum-grade security. With the Succinct Prover Network, proving costs are as low as $0.002 per transaction, allowing users to experience the benefits of ZK technology without high fees.

Beyond the core Layer 2 infrastructure, Mantle has evolved into a comprehensive financial ecosystem encompassing liquid staking, Bitcoin integration, institutional-grade yield products, and consumer applications. In 2025, Mantle is expanding across six innovation pillars: Mantle Network, mETH Protocol, Function (fBTC), Enhanced Index Fund (MI4), Mantle Banking, and MantleX.

When BitDAO merged with Mantle and BIT tokens converted 1:1 to MNT in July 2023, all vesting schedules were accelerated to simplify the token economics.

Mantle’s Key Differentiators

• Largest ZK Rollup: Mantle is now the world's largest ZK rollup by TVL with over $2 billion, having completed its mainnet upgrade to OP Succinct.

• First EigenDA Adopter: Mantle Network was the first Layer 2 to partner with ETH restaking protocol EigenLayer for its data availability module, enabling more efficient and cost-effective data storage.

• Modular Architecture: Unlike monolithic blockchains, Mantle's modular design uses separate software for each layer, allowing components to be swapped and upgraded independently.

• DAO Governance: Mantle operates as a DAO-governed network where key decisions are made through governance by MNT token holders, with no single founder controlling the project.

• Multi-Billion Dollar Treasury: Mantle Treasury holds over $6.2 billion in diversified assets, ensuring stability and enabling strategic investments.

• Optimized Token Supply: Through MIP-23 in June 2023, the community voted to reduce fully diluted supply from 9.2 billion to 6.2 billion tokens by sending 3 billion non-converted BIT tokens to a burn address.

Mantle Use Cases

Mantle Network:

• Fast, low-cost transactions with EVM compatibility, enabling developers to deploy smart contracts and decentralized applications with minimal modifications from Ethereum.

• Rapid settlement times with one-hour finality for institutional-grade security and capital efficiency.

Mantle Product Suite:

• mETH Protocol: Liquid ETH staking and restaking protocol that maximizes yields and is widely accepted as collateral in centralized exchanges and DeFi applications.

• Function (fBTC): Bitcoin bridging solution that unlocks BTC for use in Web3 and DeFi.

• Mantle Index Four (MI4): Institutional tokenized fund backed by $400 million from Mantle Treasury, offering diversified crypto exposure.

• UR: Borderless smart money app for easy crypto spending and off-ramping.

• Mantle Banking: Upcoming platform integrating traditional and decentralized finance, enabling seamless fiat-to-crypto conversion.

• Tokenization-as-a-Service: Platform launched in October 2025 offering institutions compliance services for real-world asset tokenization.

MNT Token:

• Transaction Fees: Native gas token for paying transaction fees on Mantle Network.

• Governance: Equal voting weight allowing token holders to participate in decision-making on product launches, tokenomics, and budget allocations.

• Staking & Collateral: Used as collateral for network nodes, incentivizing participation and network security.

• Exchange Utility: Expanded trading pairs, payment products, and fee discounts on Bybit through the September 2025 Mantle × Bybit partnership.

How Does Mantle Work?

Mantle operates as a ZK validity rollup, processing transactions off the main Ethereum blockchain and using zero-knowledge proofs to verify their correctness before settling on Ethereum. This approach keeps costs low while benefiting from Ethereum's strong security.

The network uses a modular design that separates different tasks into specialized layers. For data storage, Mantle uses EigenDA, which is more efficient and affordable than storing everything directly on Ethereum. The technology enables proving costs as low as $0.002 per transaction, making ZK technology accessible without high fees.

Mantle's Team and Investor Info

• Governance: DAO-governed with no single founder; early key contributors include jacobc.eth and Ben Zhou.

• Notable Supporter: Ben Zhou, co-founder and CEO of Bybit, is one of the most prominent supporters.

• Advisors: Key advisors include Helen Liu and Emily Bao from Bybit, jacobc.eth (founder of Game7 and HyperPlay), and Jordi Alexander of Selini Capital.

• Institutional Support: Supported by former executives from BitGo, Polygon Labs, Paradigm, Morgan Stanley, and Goldman Sachs.

• Partnerships: Backed by a multi-billion-dollar Treasury with partners including Ethena, Securitize, and Bybit, plus a $200 million EcoFund for developers.

Where can you buy Mantle?

MNT tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Mantle is Bybit, where the most active trading pair MNT/USDT has a trading volume of $25,094,589.59 in the last 24 hours. Other popular options include Zoomex and Ourbit.

What is the daily trading volume of Mantle (MNT)?

The trading volume of Mantle (MNT) is $62,828,443.63 in the last 24 hours, representing a 11.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Mantle (MNT)?

Mantle (MNT) reached an all-time high of $2.86 and an all-time low of $0.3080. It’s now trading -76.30% below that peak and 120.10% above its lowest price.

What is the market cap of Mantle (MNT)?

Market capitalization of Mantle (MNT) is $2,238,909,776 and is ranked #47 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of MNT tokens (3.3 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Mantle (MNT)?

The fully diluted valuation (FDV) of Mantle (MNT) is $4,216,610,501. This is a statistical representation of the maximum market cap, assuming the maximum number of 6.2 Billion MNT tokens are in circulation today. Depending on how the emission schedule of MNT tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Mantle compare against its peers?

With a price increase of 18.50% in the last 7 days, Mantle (MNT) is outperforming the global cryptocurrency market which is up 10.00%, while outperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 10.50%.

How to add Mantle (MNT) to MetaMask?

Adding Mantle (MNT) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import MNT as a token. You can copy MNT’s contract address (0x3c3a81e81dc49a522a592e7622a7e711c06bf354) and import it manually, or if you've installed MetaMask's chrome extension, add MNT to MetaMask with one click on CoinGecko.

Add MNT to MetaMask.