Deep Dive
1. Purpose & Value Proposition
Mantle aims to bridge TradFi and DeFi by offering a unified platform for financial services. Its ecosystem includes:
- Mantle Network: A high-throughput Ethereum L2 rollup.
- mETH Protocol: A liquid staking solution for ETH.
- Mantle Index Four (MI4): A tokenized crypto index fund targeting institutional adoption.
- UR Neobank: A crypto-native banking app (in beta) for seamless fiat and crypto management.
The project focuses on reducing barriers to Web3 adoption, enabling users to “spend, save, and invest” through integrated products.
2. Technology & Architecture
Mantle combines:
- OP Stack: For Ethereum-compatible smart contract execution.
- EigenDA: A data availability layer using EigenLayer’s restaking, reducing gas fees by ~80% compared to Ethereum L1.
- Modular Design: Decouples execution, settlement, and data availability for flexibility.
This architecture prioritizes low transaction costs while maintaining Ethereum’s security.
3. Key Differentiators
- Bybit Integration: MNT is embedded in Bybit’s exchange products (Earn, OTC, derivatives), creating a liquidity bridge between centralized trading and on-chain activity.
- Real-World Asset (RWA) Focus: Positioned as an institutional gateway for tokenized assets like stocks and bonds.
- Treasury Strength: Holds 101,867 ETH (as of August 2025), funding ecosystem incentives and development.
Conclusion
Mantle is a hybrid infrastructure project leveraging Ethereum’s security, modular scaling, and centralized exchange partnerships to onboard traditional finance into Web3. Can its CEX-aligned model outpace purely decentralized L2 competitors?