Manta Network

Manta Network is a Layer 2 scaling protocol built on top of Ethereum that describes itself as the first EVM-equivalent zero-knowledge application platform, combining Celestia for data availability with Polygon's zkEVM for transaction verification. It is designed for developers who want to build applications that inherit Ethereum's security guarantees while processing transactions faster and more cheaply than the Ethereum base layer allows. The MANTA token is the native asset of this network.

Manta Pacific settles transactions using zero-knowledge proofs generated via Polygon zkEVM, meaning transaction validity is cryptographically compressed before being posted back to Ethereum, reducing the data burden on the base chain. It uses Celestia as a separate data-availability layer rather than posting full transaction data directly to Ethereum, which is the architectural choice intended to keep per-transaction costs low. The consensus algorithm field in the stored data is not populated, so the precise validator or sequencer arrangement is not described here; the block time recorded is 0.0 minutes, suggesting blocks are produced in sub-minute intervals or that the field is not measured in the same way as a traditional chain.

The network generated 452.00 USD in total fees over the trailing 30 days and 12.00 USD in the most recent 24-hour period, paid by users submitting transactions whose median cost was 0.000005 USD as of the most recent full day. The protocol's take rate over the trailing 30 days stands at approximately negative 91.94 percent, meaning the cost of operating the network — primarily the expense of posting data and proofs to underlying layers — exceeded what users paid in fees during that window, producing a 30-day protocol revenue figure of negative 415.57 USD and an annualized revenue projection of negative 5,056.10 USD. Supply-side revenue, representing amounts that flow to infrastructure providers rather than the protocol treasury, was 867.57 USD over the trailing 30 days, which is larger in absolute terms than total fees collected because sequencer or proof costs are being absorbed rather than passed on. Fee activity has declined 29.41 percent over the trailing 30-day change period.