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Mantle Network

Mantle Network

MNT
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A high performance Ethereum layer-2 network with modular design

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Project Overview

Mantle is a high-performance Ethereum layer-2 network built with a modular architecture that delivers low fees and high security. Builders can use Mantle's unique design to create dApps with an exceptional user experience, while also relying on Ethereum's unparalleled security. Mantle is a product of BitDAO and is governed by the $BIT community.

Mantle Releases MIP-35 Proposal, Drafts Core Budget for Fourth Budget Cycle

The Mantle core contributors team has published the MIP-35 proposal on the Mantle Forum, which is currently in the discussion phase. The proposal outlines the core budget for the fourth budget cycle from July 2026 to June 2027, with an overall cap of 40 million USDx and 150 million MNT. This budget covers expenditures for personnel, administrative and general management costs, marketing and distribution, ecosystem projects, and infrastructure and security.

Paxos USDG Launches on Mantle Network, Enabling One-Click USDT Conversion

Paxos's Global Dollar Network asset USDG has officially launched on the Mantle Layer 2 network. This partnership introduces a direct conversion feature from USDT to USDG to enhance the liquidity of on-chain dollars.

Mantle Super Portal Has Migrated to Chainlink CCIP, Bringing Institutional-Grade Security to MNT Cross-Chain Transfers

According to official information, Mantle announced today that its native cross-chain infrastructure Mantle Super Portal, jointly developed with Bybit, has migrated from LayerZero to Chainlink CCIP. Powered by CCIP, Mantle Super Portal will feature enhanced cross-chain security, decentralized node infrastructure protection, advanced risk management, and institutional-grade security standards, providing a higher level of security for cross-chain transfers of MNT tokens valued at over $2.5 billion. Furthermore, as an increasing number of regulated assets such as tokenized stocks are transferred on-chain, the underlying infrastructure supporting them must also meet traditional finance standards. This migration will further solidify Mantle's position as a "distribution layer connecting traditional finance and on-chain liquidity," and also reflects Mantle and Bybit's continued commitment to developing MNT through further integrations, opportunities, and use cases. According to the details provided, Mantle Super Portal will be temporarily closed during the migration, scheduled from July 9 to 15, 2026 (the actual timeframe may be slightly extended). No action is required from users, and transfers will automatically resume upon completion of the migration.

Related news

Mantle Releases MIP-35 Proposal, Drafts Core Budget for Fourth Budget Cycle

The Mantle core contributors team has published the MIP-35 proposal on the Mantle Forum, which is currently in the discussion phase. The proposal outlines the core budget for the fourth budget cycle from July 2026 to June 2027, with an overall cap of 40 million USDx and 150 million MNT. This budget covers expenditures for personnel, administrative and general management costs, marketing and distribution, ecosystem projects, and infrastructure and security.

Following Arthur Hayes's Sell-Off? A Whale Dumped ENA, MNT, LDO and Other Tokens Right Before the Crash, Netting About $340,000

Odaily reports: According to Arkham monitoring, whale 0xFF1 "perfectly timed the market," selling ENA, MNT, ETH, and LDO about one hour ago that it had bought roughly 4 months earlier. The total sale amount was approximately $2.597 million, yielding a profit of about $340,000 against a purchase cost of roughly $2.257 million. Details: ENA was bought for about $433,800 and eventually sold for about $946,900, a profit of roughly $513,000; MNT was bought for about $166,700 and sold for about $138,000, a loss of about $28,700; ETH was bought for about $1.47 million and sold for about $1.29 million, a loss of about $180,000; LDO was bought for about $186,700 and sold for about $222,100, a profit of about $35,400.Arthur Hayes posted today disclosing that his investment firm Maelstrom has fully closed its positions related to ETH, ENA, UNI, and other altcoins, realizing profits, after which the crypto market crashed this evening.

Paxos USDG Launches on Mantle Network, Enabling One-Click USDT Conversion

Paxos's Global Dollar Network asset USDG has officially launched on the Mantle Layer 2 network. This partnership introduces a direct conversion feature from USDT to USDG to enhance the liquidity of on-chain dollars.

Mantle Super Portal Has Migrated to Chainlink CCIP, Bringing Institutional-Grade Security to MNT Cross-Chain Transfers

According to official information, Mantle announced today that its native cross-chain infrastructure Mantle Super Portal, jointly developed with Bybit, has migrated from LayerZero to Chainlink CCIP. Powered by CCIP, Mantle Super Portal will feature enhanced cross-chain security, decentralized node infrastructure protection, advanced risk management, and institutional-grade security standards, providing a higher level of security for cross-chain transfers of MNT tokens valued at over $2.5 billion. Furthermore, as an increasing number of regulated assets such as tokenized stocks are transferred on-chain, the underlying infrastructure supporting them must also meet traditional finance standards. This migration will further solidify Mantle's position as a "distribution layer connecting traditional finance and on-chain liquidity," and also reflects Mantle and Bybit's continued commitment to developing MNT through further integrations, opportunities, and use cases. According to the details provided, Mantle Super Portal will be temporarily closed during the migration, scheduled from July 9 to 15, 2026 (the actual timeframe may be slightly extended). No action is required from users, and transfers will automatically resume upon completion of the migration.

Over $7.2 billion in assets migrated from LayerZero to Chainlink CCIP

According to CoinDesk, Mantle announced it will migrate its Super Portal, jointly developed with Bybit with a locked value of $2.5 billion, from LayerZero's OFT standard to Chainlink's CCT standard. The migration window is from July 9 to 15, during which Super Portal services will be suspended. Existing MNT assets and related activities on Byreal and Bybit will not be affected. This migration brings the total assets flowing from LayerZero to Chainlink CCIP to over $7.24 billion. Previously, Kelp ($1.5 billion), Lombard (over $1 billion), Solv Protocol ($700 million), Virtuals Protocol ($700 million), Re ($475 million), Kraken ($330 million), and Yuzu Money ($54.5 million) have successively completed the migration.

Over $7.2 Billion in Assets Migrating from LayerZero to Chainlink CCIP, Mantle Joins the Migration

Mantle is migrating its $2.5 billion Super Portal from LayerZero to the Chainlink CCT standard to enhance security and improve control over token transfer settings. Projects that have previously migrated to Chainlink CCIP include Kelp and Lombard, each transferring over $1 billion in assets, along with Solv Protocol, Virtuals, Re, and Kraken’s tokenized assets.The Mantle migration will take place from July 9 to 15, enabling the project to expand MNT token transfers to more blockchain networks and secure assets through oracles. (CoinDesk).