Mantle MNT

1. Summary

Ranks

Liquidity

99

Developer

74

Social

99

Momentum (beta)

50

Stack Rank™

78

Price

$0.85 +2.6%

Market Cap

$2.78B (#29)

Supply

3.26B / 6.22B

Tags

Ethereum Ecosystem Layer 2 (L2) Mantle Ecosystem DWF Labs Portfolio DragonFly Capital Portfolio GMCI Layer 2 Index GMCI 30 Index

More Metrics

Price
52W High price	$1.44
52W High date	9th Apr 2024 (3 months ago)
All Time High (ATH) Date	8th Apr 2024 (3 months ago)
ATH Price	$1.54
% From ATH	-41.81%
All Time Low (ATL) Date	18th Oct 2023 (9 months ago)
ATL Price	$0.31
% From ATL	190.74%

Supply & Trading Volume
Trading Volume (24h)	$145.19M
Total Supply	6.22B
Max Supply	6.22B
Circulating Supply	3.26B

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Description

Mantle is an Ethereum rollup that aims to foster the development of decentralized applications (dApps) with exceptional user experience while leveraging Ethereum’s security. The project includes Mantle Network, a high-performance Ethereum Layer-2 network built using modular architecture, Mantle Treasury, and a token holder-governed roadmap...

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Mantle is an Ethereum rollup that aims to foster the development of decentralized applications (dApps) with exceptional user experience while leveraging Ethereum’s security. The project includes Mantle Network, a high-performance Ethereum Layer-2 network built using modular architecture, Mantle Treasury, and a token holder-governed roadmap for products and initiatives.

Token

• Mantle (MNT) is the native token, serving as both a governance token and a utility token. It is used for paying gas fees on the network and holds voting power for decision-making.
• Token Functionality: Maintains dual roles, enabling token holders to participate in governance and also supports various utility functions within the ecosystem.
• ERC-20 Token: Built on Ethereum and follows standard ERC-20 token protocols with additional functions on both Layer 1 and Layer 2.

Network Features

• Modular Architecture: Allows for high-performance scalability and flexibility in the network infrastructure.
• Ethereum Virtual Machine (EVM) Compatibility: Ensures seamless integration with the EVM, enabling smart contract development and transactions.
• Governance Process: Decentralized and token holder-driven, empowering the community to make decisions on proposals and network development.
• Partnerships & Integrations: Collaborations with various projects such as EigenLayer, Ankr, Bullieverse, and more, to enhance the Mantle ecosystem.

Key Events

• Rebranding & Merger: The BitDAO ecosystem merged with Mantle Network, leading to the creation of the new Mantle token (MNT) and the expansion of the Mantle ecosystem.
• Mainnet Launch: Launched on July 14, 2023, marking a significant milestone in the project’s development.
• Testnet Performance: Processed over 14 million transactions and deployed more than 140,000 smart contracts during the testnet period.

Additional Details

• Data Availability: Ensured by nodes which synchronize and store data on Layer 2, providing secure access to transaction information.
• Security & Upgrades: The system allows for instant upgrades, but also risks invalid state roots and fund loss if state data becomes unavailable.
• Community Engagement: Active involvement in events and hackathons to foster growth and development of the Mantle ecosystem.

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