MANTRA

MANTRA is a Layer 1 blockchain designed to bring real-world assets such as real estate, securities, and other regulated instruments onto a public blockchain in a way that satisfies legal compliance requirements. It targets developers and financial institutions that need to tokenize and manage assets within regulatory frameworks, particularly in the Middle East, where MANTRA holds a DeFi exchange license from Dubai's Virtual Assets Regulatory Authority. The project describes itself as a permissionless blockchain built for permissioned applications, meaning anyone can build on it but individual applications can restrict access to comply with local laws.

MANTRA Chain supports both its own native execution environment and the Ethereum Virtual Machine, allowing developers to deploy smart contracts using familiar Ethereum tooling while also accessing chain-native compliance features. Compliance rules can be embedded at the base-chain level or within individual smart contracts, giving institutions flexibility in how they enforce regulations. The consensus algorithm is not recorded in the available data, so the precise mechanism by which validators agree on the state of the chain cannot be described here.

The data does not record a fee stream for MANTRA, so the specific sources of revenue, who pays fees, and how they are distributed among validators or the protocol treasury are not available on this page. What the data does show, at a point-in-time snapshot, is a total value locked of 532,337.16 USD and a stablecoin supply hosted on the chain of 618,102.41 USD, both of which indicate the current economic activity the network is processing. The market-cap-to-TVL ratio stands at 49.96 and the fully diluted value-to-TVL ratio at 61.70, both point-in-time figures that reflect how the market's valuation of the token compares to the assets the network is actually securing.