Price Chart

Chart by TradingView

24h Volume$16.33M
7d Avg Daily$30.32M
30d Avg Daily$38.74M
365d Total$61.33B
Volume
$37.5Mavg/day
avg $37.5MMay 15May 22May 29Jun 5Jun 12

What is Mantle?

Mantle Network is an Ethereum layer-2 optimistic rollup that emerged from the BitDAO ecosystem rebranding and treasury reallocation in 2023. It uses a modular architecture that separates transaction execution, data availability, and finality into distinct layers, and it employs EigenDA (from EigenLayer) for off-chain data availability rather than posting all calldata to Ethereum mainnet. MNT is the network's native gas and governance token.

Mantle's technical differentiation lies in its data availability strategy: by using EigenDA instead of posting data directly to Ethereum, Mantle significantly reduces the per-transaction cost of data availability — one of the largest components of L2 gas fees. This makes it particularly attractive for high-frequency applications like perpetual DEXs and gaming protocols. The project launched with substantial treasury backing from the BitDAO treasury (one of the largest DAO treasuries at the time of conversion to Mantle), which funded ecosystem grants and liquidity mining programs to bootstrap adoption.

The risks are meaningful. Optimistic rollups carry an inherent 7-day withdrawal challenge period, meaning assets bridged to Mantle cannot return to Ethereum instantly without using third-party liquidity providers who charge a fee. EigenDA, while reducing costs, introduces a dependency on EigenLayer's restaking security model, which is itself a relatively novel and unaudited-at-scale mechanism. The governance structure, inherited from the BitDAO/BIT token migration, concentrated significant voting power among early treasury holders, raising questions about decentralization that are common to DAO-governed L2s.

Reviewed by the 2Bitcoins Editorial Team · Updated . Not financial advice.

Mantle FAQ

Why does Mantle use EigenDA instead of posting data to Ethereum?+

Posting all transaction calldata to Ethereum mainnet is expensive, and data availability costs represent a large fraction of L2 fees. EigenDA is a decentralized data availability layer built on EigenLayer that stores data off-chain with cryptographic availability proofs, dramatically reducing this cost while maintaining verifiability. The trade-off is introducing an additional trust dependency outside Ethereum itself.

What was BitDAO and how does it relate to Mantle?+

BitDAO was a decentralized autonomous organization with a large treasury funded by Bybit, one of the largest crypto derivatives exchanges. In 2023, BitDAO rebranded to Mantle, consolidated its BIT governance token into the MNT token, and directed its treasury toward building and bootstrapping the Mantle L2 ecosystem. The BIT-to-MNT conversion gave existing BIT holders a proportional stake in the new network.

What is the withdrawal delay on Mantle and how can users avoid it?+

Like all optimistic rollups, Mantle imposes a 7-day challenge window before withdrawals to Ethereum are finalized — this period exists so fraud proofs can be submitted if an invalid state transition is detected. Users who need faster withdrawals can use third-party bridge liquidity providers, which offer near-instant exits in exchange for a small fee.

Mantle key numbers

Price (USD)$0.557211
Market cap$1.84B
24h low / high$0.536297 → $0.557318
24h change 3.85%
7d change 8.38%
Circulating supply3.30B MNT

Where to buy Mantle

View all exchanges →

Buy MNT on these trusted exchanges. Ranked by our rating — based on fees, security, features, and user experience.

#1
Binance
BinancePoR
4.7
$600 bonus
World's largest exchange by volume
Lowest fees with BNB discount
400+ trading pairs
Maker 0.1%|Taker 0.1%|400+ coins
#2
Bybit
BybitPoR
4.3
Up to $30,000 bonus
Market-leading derivatives and perpetual contracts
Competitive 0.1% spot and futures fees
Best-in-class copy trading platform
Maker 0.1%|Taker 0.1%|270+ coins
#3
OKX
OKXPoR
4.4
Free Mystery Gift
Competitive fees with maker at 0.08%
One of the deepest order books in the industry
Native Web3 wallet built into the app
Maker 0.08%|Taker 0.1%|340+ coins
#4
Coinbase
Coinbase
4.4
Get 40£
NASDAQ-listed, publicly regulated company
Best-in-class regulatory compliance
Simple and intuitive user interface
Maker 0.6%|Taker 1.2%|240+ coins
#5
Kraken
KrakenPoR
4.5
$10 + bonus
One of the oldest and most trusted exchanges
No breach with loss of customer funds in 15 years
Strong regulatory compliance across multiple jurisdictions
Maker 0.25%|Taker 0.4%|220+ coins
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KuCoin
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4.1
Up to $11,000 bonus
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3.9
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Maker Free|Taker 0.05%|1500+ coins
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Bitget
BitgetPoR
4.1
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Industry-leading copy trading with 100,000+ signal providers
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Maker 0.1%|Taker 0.1%|550+ coins
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BingX
BingXPoR
3.7
$6,000 bonus
One of the strongest copy trading platforms in the industry
Competitive 0.1% spot fees and low futures rates
700+ cryptocurrencies with frequent new listings
Maker 0.1%|Taker 0.1%|700+ coins

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Mantle Markets

#ExchangePairPriceVolume (24h)Trust
1Bybit logoBybitMNT/USDT$0.556831$5.91M
2Gate logoGateMNT/USDT$0.557554$94.74K
3Zoomex logoZoomexMNT/USDT$0.557676$1.77M
4Ourbit logoOurbitMNT/USDT$0.557251$289.90K
5Coinbase Exchange logoCoinbase ExchangeMANTLE/USD$0.557600$90.58K
6Bitunix logoBitunixMNT/USDT$0.557354$127.84K
7KuCoin logoKuCoinMNT/USDT$0.556976$37.79K
8BingX logoBingXMNT/USDT$0.557254$461.15K
9Biconomy.com logoBiconomy.comMNT/USDT$0.557654$816.53K
10LeveX logoLeveXMNT/USDT$0.557145$22.58K
11BitMart logoBitMartMNT/USDT$0.557254$944.94K
12Kraken logoKrakenMNT/USD$0.556900$17.14K
13MEXC logoMEXCMNT/USDT$0.557451$93.91K
14XT.COM logoXT.COMMNT/USDT$0.557354$154.75K
15Upbit logoUpbitMNT/KRW$0.556565$74.17K
16CoinW logoCoinWMNT/USDT$0.557932$66.13K
17BloFin logoBloFinMNT/USDT$0.557951$324.14K
18XBO.com logoXBO.comMNT/USDT$0.557383$60.46K
19Uniswap V3 (Ethereum) logoUniswap V3 (Ethereum)0X3C3A81E81DC49A522A592E7622A7E711C06BF354/0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3$0.555539$100.74K
20Hotcoin logoHotcoinMNT/USDT$0.557251$208.99K