Mantle Network

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Mantle Network

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Mantle Network

Mantle Network is a scaling solution compatible with Virtual Machine (EVM). It employs to enable swift and cost-effective transactions. Positioning itself as a blockchain for banking and on-chain finance, Mantle aims to build an ecosystem of decentralized, tokenized financial products. By processing transactions off-chain and settling them on-chain, Mantle Network ensures efficiency while utilizing capabilities. [1] [10]​

Overview

Mantle Network focuses on developing a scaling solution compatible with ecosystem, ensuring seamless interoperability for existing contracts and tools with minimal adjustments. Leveraging its modular architecture, Mantle Network integrates an mechanism with innovative data availability solutions, enhancing accessibility and affordability while maintaining security standards. The project's stated vision is to create a world where finance is free, efficient, and accessible, powered by tokenized technology. [1] [10]​

The protocol design emphasizes enhancing user experience by reducing costs and improving usability, simplifying developer development processes, and providing a robust infrastructure for the emerging generation of . By adopting a structure, Mantle Network harnesses and protocols to significantly diminish fees, decrease transaction latency, and augment throughput. Users have the flexibility to tailor transaction confirmation requirements, enabling near real-time confirmation with optimized security parameters. [1]​

Mantle Network's modular architecture segregates transaction execution, , settlement, and storage functions into distinct modules within the chain. This includes an EVM-compatible execution layer for transaction processing, a consensus and settlement layer executed on platform, and an external data availability component, currently Mantle DA powered by technology. [1]​

Related Topics

History

The Mantle Network, initiated in July 2023, was the first solution launched by a . Originating from , known for its substantial treasury in the realm, the network underwent consolidation with Mantle following a community vote in May 2023. This merger led to the rebranding of under Mantle, with all BIT tokens available for conversion to MNT tokens at a 1:1 ration from June 2023 onwards. [2]​

Everest Update

Mantle v2 Everest is a significant upgrade to the Mantle network, following over a year of stable operation under Mantle v2 Tectonic. This update improves the network’s infrastructure and aligns it with upcoming upgrade, ensuring technical compatibility and preparing the system for future development.

A core component of the upgrade is the integration of . Previously, Mantle relied on Mantle DA, a data availability layer built on technology. With now live, Mantle has fully transitioned to it across and environments. This integration is expected to enhance data handling and network security. The upgrade also includes adaptations for update. Mantle now supports changes introduced by EIP-7685 and EIP-7702, including adding the RequestsHash field in block headers and a new transaction type, SetCodeTx, ensuring alignment with developments.

New features introduced in the Everest upgrade include support for the RIP-7212 precompiled contract and expanding op-geth's capabilities. These changes reflect continued development on the OP Stack Bedrock framework. The MetaTX feature, which previously allowed gas fee sponsorship, has been removed. Its functionality will be replaced by implementing EIP-7702 as part of the broader upgrade, aligning Mantle’s approach with the updated ecosystem. [7]​

Features

Modular Blockchain Rollups

Mantle Network implements a layered approach to its execution, , settlement, and data availability functions, allowing different network actors to manage specialized layers. This architectural design enables Mantle Network to achieve notable reductions in costs and overall performance enhancements. [3]​

Employing a Modular Rollup model, Mantle Network optimizes fundamental operations, addressing a significant challenge in the community: the Scalability, Security, and Decentralization trilemma. [3]​

The segregation of resources enhances network efficiency by allocating specific tasks to each layer, ensuring that all users benefit from improved security, unlike the reliance solely on full in (L1). Operating on separate layers alleviates the execution and validation burden on , as technologies like fraud proofs and no longer require them to execute all transactions for validity checks. [3]​

Data Availability

Mantle Network addresses security concerns inherent in architecture by leveraging , a re-staking protocol. utilizes trusted network to ensure data availability for solutions while maintaining security levels akin to the . Through data availability solution, known as EigenDA, Mantle Network enables nodes to furnish data availability services. engage in Mantle Network's economic model by $MNT tokens, unlocking additional yield prospects. This participation enhances block data completeness and accuracy within Mantle Network's execution layer. [3]​

EigenDA separates the data availability from the consensus layer and implements a unicast channel for efficient data storage and transmission among network participants. It also maintains an erasure rate, facilitating complete block data reconstruction through data pieces from both and Layer-1 sources. This solution enhances the utility of $MNT beyond governance functions, while furnishing the requisite high throughput for next-generation applications. [3]​

Fraud Proofs

In the optimistic model embraced by , trust in network participants' good behavior is assumed, necessitating robust fraud proofs implementation to fortify network integrity. However, implementing fraud proofs poses challenges. [3]​

Currently, the on-chain verifier can only execute instructions in a lower-level virtual machine, requiring fraud proofs to be translated into this language by EVM clients. Consequently, the content of fraud proofs is often not directly obtained from compliant EVM clients, and there are no means of verifying their source, as the on-chain verifier lacks visibility of the fraud proof producer. This hampers trust minimization embedded in clients. [3]​

Mantle Network tackles this issue by adopting an approach that directly compiles and verifies fraud proofs using EVM instructions. This allows all clients to openly interact with a shared proof system, reducing trust assumptions among verifiers, compilers, and clients. [3]​

Transaction Lifecycle

Transactions within Mantle Network begin when initiated by a wallet user, , or script. Tools like Mantle SDK facilitate request creation, signing, and submission for Sequencer processing. Upon verification, transactions are added to pending blocks, leveraging batch processing to distribute fixed costs and minimize transaction fees. [3]​

Subsequently, Threshold Signature Scheme nodes verify block data before transmission to the network through Sequencer. verifiers synchronize data within the Mantle Network for accessibility by users and , while records transmitted data on-chain via its . Moreover, Data Availability synchronize and ensure data access within the Mantle Network, earning $MNT tokens as rewards. [3]​

MNT

The MNT token carries an equal weight in voting rights, allowing token holders to engage in decision-making processes. As a , MNT shares comparable functionality with other tokens. [3]​

Tokenomics

The initial distribution of Mantle (MNT) tokens was as follows: [4]​

  • 49.00% is allocated to Treasury
  • 51.00% is allocated to Circulating
Initial Distribution.PNG

Mantle Treasury

The Mantle Treasury is a core component of the ecosystem's finances, designed to provide stability and fund strategic growth initiatives. As of January 26, 2026, the treasury held a total value of over $3.39 billion. [10]​

The asset allocation is reported as follows:

  • MNT: 75.01%
  • ETH, mETH & cmETH: 9.15%
  • BTC: 7.7%
  • Stablecoins: 7.69% [10]

Mantle EcoFund

Mantle operates a $200 million catalyzed capital pool known as the Mantle EcoFund. The fund's purpose is to accelerate ecosystem growth by investing in promising and transformative projects building on the Mantle Network. [10]​

The fund is supported by professionals from Mirana Ventures and gains access to deal flow through strategic alliances with over 20 venture capital firms, including and Dragonfly Capital. [10]​

Citizens of Mantle

Citizens of Mantle is an inaugural native modular collection created with visual artist Chen Man. This collection of avatars aims to reward active community members. It is designed to synchronize with the Mantle Journey program, offering additional incentives for engaging with the Mantle community. Users can join the whitelist by connecting their wallets to verify eligibility. [5]​

Becoming a Citizen of Mantle provides individuals access to an immersive experience within the Mantle Ecosystem. A Citizen of Mantle avatar is a faithful companion on a journey of building, connecting, playing, earning, and trading within the Mantle network. As users achieve milestones within the Mantle Ecosystem, their avatars will evolve, gaining various traits. These avatars reflect the engagement and accomplishments within the Mantle Ecosystem, unlocking future benefits and opportunities as participants progress. [5]​

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mETH Protocol

​ operates as a permissionless and non-custodial protocol deployed on L1 and governed by Mantle. It features a simple and modern design coupled with robust risk management measures, drawing on Mantle Ecosystem resources to offer a rewarding experience and bolster Mantle's yield potential. tokens representing their claim to the staked principal and accrued rewards, which can be utilized in other applications. The protocol's resulting token, $mETH, is widely accepted as collateral across centralized exchanges (CEXs), decentralized finance (DeFi) applications, and various money markets. Upon unstaking, stakers receive their staked and any rewards earned during the period, including issuance, priority fees, and maximal extractible value (MEV), distributed among stakers, LSP, and operators. [6] [10]​

Mantle Index Four (MI4)

Mantle Index Four (MI4) is an institutional-grade, yield-bearing fund that provides regulated exposure to a diversified basket of top crypto assets while incorporating decentralized yield strategies. It is aimed at traditional and -native investors seeking simplified access to markets without requiring direct custody or manual portfolio management. [8] [10]​

The fund is organized as a BVI Limited Partnership and managed by Mantle Guard Limited. It offers a curated portfolio of , , , and USD-based assets, with allocations adjusted quarterly based on market capitalization and risk metrics. The strategy includes components such as , bbSOL, and to increase returns through mechanisms, while maintaining adherence to compliance standards.

Following approval, Mantle Treasury has committed up to $400 million to MI4 as an initial investment. The fund uses tokenization services from to issue investor interests on the Mantle Network.

Operational infrastructure includes institutional-grade tools like Fireblocks and , with additional custody solutions being considered to enhance security. MI4 is intended as a reference point for beta exposure with integrated yield features, connecting traditional finance structures with protocols. [8] [9]​

Function

Function is a decentralized solution developed within the Mantle ecosystem designed for . Its primary purpose is to bridge (BTC) into the broader economy, aiming to unlock new financial opportunities and use cases for the asset on-chain. [10]​

UR

UR is a "borderless smart money app" powered by the Mantle Network. It is designed to simplify the user experience for spending and off-ramping crypto assets through a single, unified application. Early beta access for the app was launched in July 2025. [10]​

MantleX

MantleX is an initiative focused on the integration of Artificial Intelligence (AI) with decentralized systems. The project's goal is to explore and pioneer advancements at the intersection of these two technologies. [10]​

Partnerships

Mantle has established partnerships and strategic alliances with a wide range of organizations in the crypto and finance sectors. Collaborators include:

These partnerships span across venture capital, infrastructure, DeFi, and data analytics. [10]​

REFERENCES

[1]
docs-v2.mantle.xyz

Mantle Docs

Apr 17, 2024

[2]
uphold.com

What is Mantle (MNT)? | Uphold

Apr 17, 2024

[3]
learn.bybit.com

What is Mantle? | Bybit

Apr 17, 2024

[4]
www.coingecko.com

Mantle Tokenomics | CoinGecko

Apr 17, 2024

[5]
journey.mantle.xyz

Citizens of Mantle

Apr 17, 2024

[6]
coinmarketcap.com

mETH | CoinMarketCap

Apr 17, 2024

[7]
docs.mantle.xyz

v2 Everest Upgrade | Mantle Docs

Apr 25, 2025

[8]
cointelegraph.com

Mantle Index Four | Cointelegraph

Apr 25, 2025

[9]
mantleguard.com

Mantle Index Four

Apr 25, 2025

[10]
group.mantle.xyz

Mantle Official Website

Jan 26, 2026

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