🇸🇦 العربية 🇩🇪 Deutsch 🇬🇷 Ελληνικά 🇺🇸 English 🇪🇸 Español 🇫🇮 Suomi 🇫🇷 Français 🇮🇳 हिन्दी 🇮🇹 Italiano 🇯🇵 日本語 🇰🇷 한국어 🇳🇱 Nederlands 🇳🇴 Norsk 🇵🇱 Polski 🇧🇷 Português 🇷🇺 Русский 🇸🇪 Svenska 🇵🇭 Filipino 🇹🇷 Türkçe 🇻🇳 Tiếng Việt 🇨🇳 中文

What Is Mantle?

Mantle is an Ethereum layer-2 scaling solution that uses optimistic rollup technology to provide faster and cheaper transactions while inheriting Ethereum's security guarantees. Mantle launched its mainnet in July 2023 and is notable for being one of the best-funded L2 projects, backed by a treasury of several billion dollars originating from BitDAO.

As an optimistic rollup, Mantle processes transactions off-chain in batches and posts compressed transaction data back to Ethereum. Transactions are assumed to be valid (hence "optimistic"), but can be challenged through a fraud proof mechanism during a challenge period. This approach dramatically reduces costs compared to executing transactions directly on Ethereum while maintaining strong security guarantees.

Mantle's modular architecture separates execution, data availability, and consensus into distinct layers. For data availability, Mantle uses its own data availability solution called Mantle DA, powered by EigenDA technology. This modular approach further reduces costs compared to rollups that post all data directly to Ethereum, while still maintaining sufficient data availability guarantees.

MNT is the native token of the Mantle network, used for:

  • Gas fees: All transaction fees on Mantle are paid in MNT, unlike many L2s that use ETH.
  • Governance: MNT holders can participate in Mantle governance through proposals and voting.
  • Staking: MNT can be staked in various DeFi protocols on the network.
  • Treasury: The Mantle treasury holds significant assets managed through governance.

The Mantle ecosystem has grown to include a range of DeFi protocols. Key projects include Agni Finance (DEX), Lendle (lending), and mETH Protocol (Mantle's liquid staking protocol for ETH). The network also supports Mantle LSP (Liquid Staking Protocol), which allows users to stake ETH and receive mETH, a liquid staking token that can be used across the Mantle DeFi ecosystem.

Being EVM-compatible, Mantle allows developers to deploy existing Ethereum smart contracts with minimal or no modifications, making it easy for projects to expand to the Mantle network.

Getting Started With Mantle

Getting started with Mantle involves:

  1. Step 1: Set up MetaMask or another EVM-compatible wallet and add the Mantle network.
  2. Step 2: Acquire MNT from a centralized exchange or bridge ETH/tokens from Ethereum using the official Mantle Bridge.
  3. Step 3: Use MNT to pay for gas and interact with Mantle dApps.
  4. Step 4: Explore DeFi protocols on Mantle or stake ETH through mETH Protocol.

Transaction fees on Mantle are significantly lower than Ethereum mainnet, typically costing a few cents per transaction.

How to Get a Mantle Wallet?

MetaMask

MetaMask is the most commonly used wallet for Mantle. Add the Mantle network to MetaMask (it can be added automatically through the Mantle website or Chainlist) to start interacting with the ecosystem.

Rabby Wallet

Rabby is a browser extension wallet that natively supports Mantle and many other EVM chains. It offers a clean interface and automatically detects which network a dApp requires.

Hardware Wallets

Ledger hardware wallets work with Mantle through MetaMask, providing offline key storage for enhanced security.

Mantle Resources

How to Buy MNT?

MNT is available on several major exchanges:

Centralized Exchanges

MNT can be purchased on Bybit, OKX, KuCoin, Gate.io, and other exchanges. Trading pairs are available against USDT, BTC, and other major currencies.

Bridging

Users can bridge ETH and other tokens from Ethereum to Mantle using the official Mantle Bridge and then swap for MNT on Mantle DEXs like Agni Finance.

After acquiring MNT, it can be used for gas fees on the network, DeFi activities, or governance participation.

Latest Mantle News

Mantle continues to grow its ecosystem with increasing DeFi TVL, new protocol deployments, and the expansion of mETH as a liquid staking product. The network's significant treasury provides long-term funding for ecosystem development and incentive programs.