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- Mantle’s treasury reaches $4.025B, dominated by native MNT tokens.
- Ecosystem growth includes staking, liquidity, and the MI4 index fund.
- MNT price surges 50% in August, attracting DeFi investors.
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Mantle (MNT) has surged to the top of decentralized finance (DeFi) treasury rankings, boasting $4.025 billion in total assets. According to data from DefiLlama, the majority of this treasury—$3.792 billion—is held in Mantle’s native tokens, while stablecoins account for $17.93 million. Major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), contribute $56.41 million, with an additional $159.27 million in other assets.
This impressive treasury size underscores Mantle’s commitment to creating a self-sustaining ecosystem. In comparison, Uniswap holds $3.731 billion, primarily in its native token, while Ethereum Name Service (ENS) manages $1.771 billion, mostly in its own token holdings. Mantle’s dominance highlights its strong treasury strategy and long-term vision.
Strategic Growth and Ecosystem Expansion
Mantle’s growing treasury enables strategic initiatives, such as staking programs, liquidity provision, and ecosystem incentives. The network recently completed the Skadi Hard Fork upgrade, aligning with Ethereum’s Prague upgrade, which enhances network security and efficiency.
Additionally, Mantle announced the launch of MI4, a tokenized index fund backed by up to $400 million from its treasury. This move signals Mantle’s ambition to provide institutional-grade financial products while fostering collaboration across DeFi ecosystems.
Investor Implications and Market Performance
For investors, Mantle’s treasury growth and ecosystem developments enhance the appeal of MNT. The token offers governance rights, staking opportunities, and fee-sharing mechanisms, creating a deflationary model that grows with network activity.
Currently, MNT is trading at approximately $1.17, with a market cap of $3.83 billion. The token saw a 50% price surge in August following Bybit EU’s first-ever MNT launchpool, making it one of the most notable crypto assets in the current market cycle.
Mantle’s ascent to the top of DeFi treasury rankings reflects both its strong tokenomics and strategic approach to ecosystem growth. With its treasury-backed initiatives and robust market performance, MNT continues to attract attention as a promising investment in the DeFi space.
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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
