MANTRA

MANTRA Chain is a layer-1 blockchain designed specifically to bring real-world assets — things like property titles, bonds, or regulated financial instruments — onto a public blockchain in a way that satisfies legal compliance requirements. It targets both individual developers and institutional participants who need to issue or manage tokenized assets without abandoning the regulatory guardrails that govern traditional finance. To that end, MANTRA has obtained a DeFi exchange license from Dubai's Virtual Assets Regulatory Authority, positioning the network as infrastructure for regulated on-chain asset management in the Middle East and beyond.

MANTRA Chain is a layer-1 network with MultiVM support, meaning it can run both its native smart-contract environment and Ethereum Virtual Machine compatible code, so developers familiar with Ethereum tooling can deploy without rewriting contracts. A distinctive design choice is that compliance rules — such as who may hold a given asset or under what conditions it can be transferred — can be enforced at the chain level itself rather than only inside individual smart contracts, giving issuers a way to embed permissions into the base layer. The data store does not include a consensus algorithm for this chain, so the specific validator or staking mechanism cannot be described here.

The data provided does not include a fee-revenue figure for MANTRA Chain, so it is not possible to describe what the protocol collects, who pays those fees, or who receives them. What the data does show, at this point in time, is a total value locked of 539,154.52 USD against a market capitalisation of 27,896,224 USD, producing a market-cap-to-TVL ratio of 51.63 and a fully diluted valuation-to-TVL ratio of 65.32, both of which reflect how much value the market ascribes to the network relative to the assets currently deposited on it. Stablecoin supply hosted on-chain stands at 641,733.41 USD at this point in time, which is a separate measure of economic activity within the ecosystem.