Mantle (MNT)USD

Mantle is a modular Ethereum Layer-2 blockchain that runs EVM-compatible applications with lower transaction costs and higher throughput than Ethereum mainnet. It executes transactions off-chain through a rollup-style architecture while settling to Ethereum, with security and data availability anchored to the Ethereum base layer. The project originated from BitDAO, which rebranded to the Mantle ecosystem in 2023 after governance proposals migrated the BIT token to MNT at a one-to-one ratio. Mantle Network mainnet launched on 17 July 2023. The native token is Mantle (MNT). It is the gas and fee token for transactions on the network, a governance asset for Mantle Improvement Proposals, and a means of staking and ecosystem incentives. The total supply is capped at approximately 6.22 billion MNT, a figure derived from the BIT-to-MNT migration, with a substantial portion held in the Mantle Treasury. Mantle provides a DAO-governed, cost-efficient environment for deploying and using smart contracts and decentralized applications on Ethereum.