Mantle

Mantle is a Layer 2 scaling network built on top of Ethereum, designed to process transactions faster and at lower cost than the Ethereum base layer. It positions itself as a bridge between traditional financial services and decentralized finance, offering infrastructure that developers can use to build applications serving both retail users and institutions. MNT is the native token of this ecosystem, used for governance and staking.

Mantle operates as an Ethereum Layer 2, meaning transactions are executed on the Mantle network and their validity is ultimately settled back to Ethereum, inheriting its security guarantees. The data does not specify a consensus algorithm, and block time is recorded as zero, so the precise block production mechanism is not available here. MNT functions within the ecosystem as a governance token and staking asset, and the network hosts complementary products including a liquid staking protocol and a tokenized Bitcoin product.

Mantle collected 5,997 USD in fees over the trailing 30 days and 312,182 USD over the trailing 12 months, with an annualized run-rate of 72,963.50 USD based on that 30-day window. The take rate is 100 percent over the trailing 30 days, meaning all fees recorded flow to the protocol as revenue and nothing is distributed to a supply side, such as liquidity providers or sequencer operators outside the protocol. The median transaction fee on the most recent full day was 0.00303 USD, which reflects how little end users pay per transaction. Fee and revenue growth over the last 30 days is recorded at 150 percent, indicating the recent fee base rose substantially from the prior period, though absolute levels remain modest.