Mantle | Crypto

Mantle maintained a leading position among competing protocols in Q1 2025, prioritizing infrastructure development and ecosystem alignment. Despite a 36.6% QoQ decrease in market cap to $2.7 billion, Mantle outperformed ETH’s 46.0% decline. The mETH Protocol and Function closed the quarter with $709.7 million and $1.2 billion in TVL, respectively. Treasury value decreased 10.3% to $3.5 billion, with MNT comprising 65.4% of holdings. The network fully integrated EigenDA, enabling 15 MB/s throughput and securing the system with over 163,000 mETH (approximately $335 million) in restaked assets. While usage metrics declined, onchain engagement was sustained through initiatives like the Mantle Rewards Station, Methamorphosis Season 3, EcoGalaxy: Mantle Surge, and Kaito’s Yap leaderboard.

[PRESS RELEASE – Singapore, Singapore, May 22nd, 2025] mETH becomes the first liquid staking token to be held on the balance sheet of a publicly listed company. Mantle, the largest sustainable hub for on-chain finance with over $3 billion in Total Value Locked (TVL), today announced a strategic partnership with Republic Technologies, the Ethereum (“ETH”) […]