MN

Mantle

MNT
Layer 2Rank #53Ethereum

$0.7152

-0.21%24h
+5.94%7d

Market Cap

$2.34B

Volume 24h

$60.72M

Vol / Market Cap

2.59%

Rank

#53

MNT Price Chart

About Mantle

Mantle is an Ethereum Layer 2 network designed to scale decentralized applications efficiently.

Mantle is an Ethereum Layer 2 scaling solution designed to reduce transaction costs and improve performance while remaining compatible with Ethereum applications.

How It Works

A modular Layer 2 for Ethereum that uses a separate "Data Availability" layer. By splitting how it stores data from how it processes transactions, it can offer significantly lower fees and higher performance for decentralized apps.

Use Cases

Modular Execution: Used for gas fees and governance on a modular Layer 2 that uses a decentralized data availability layer to offer significantly lower costs.

Tokenomics

Modular DeFi L2: Uses a separate data availability layer. The token is used for staking and to pay for execution. It is designed to offer the cheapest possible environment for high-volume decentralized finance apps.

Risks & Considerations

New Layer-2 entrant facing a crowded market; must prove long-term sustainability after incentive programs end.

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