Mantle
MNT$0.6472
Market Cap
$2.12B
Volume 24h
$42.09M
Vol / Market Cap
1.98%
Rank
#53
MNT Price Chart
Mantle is an Ethereum Layer 2 network designed to scale decentralized applications efficiently.
What Is Mantle (MNT)? Mantle is an Ethereum Layer 2 network designed to scale decentralized applications efficiently with lower fees.
A modular Ethereum Layer 2 network that separates data availability from execution. By splitting these components, it reduces transaction costs and improves performance for high-volume decentralized applications.
Modular Execution: Used for gas fees and governance on a modular Layer 2 that uses decentralized data availability to reduce costs.
Modular DeFi L2: Uses a separate data availability layer. The token is used for staking and execution fees, aiming for very low-cost, high-volume DeFi.
New Layer 2 in a crowded market; must prove long-term durability after incentives fade.
