Ethereum L2 · Optimistic Rollup · Modular DA · Live since 2023
Mantle
MNT
Mantle Network is an Ethereum Layer 2 with a modular data availability layer, offering low fees backed by one of the largest ecosystem funds in the industry.
Mantle Network launched in July 2023, emerging from the BitDAO ecosystem after a token merger that converted BIT to MNT. The network pairs an optimistic rollup execution layer with EigenDA for off-chain data availability, keeping costs low without compromising on Ethereum security.
Total value locked (DeFi)
$156.2M
Value locked in DeFi protocols on Mantle. Updated Jun 8, 2026. Source: DefiLlama.
Mantle posts transaction batches to Ethereum for settlement while using EigenDA, a decentralized data availability network, to store transaction data off Ethereum mainnet. This modular design cuts the cost of data publication significantly compared to posting everything to Ethereum calldata. Withdrawals back to Ethereum take up to seven days during the fraud proof window.
Consensus: Optimistic Rollup with Modular DA
Mantle posts transaction batches to Ethereum for settlement while using EigenDA, a decentralized data availability network, to store transaction data off Ethereum mainnet. This modular design cuts the cost of data publication significantly compared to posting everything to Ethereum calldata. Withdrawals back to Ethereum take up to seven days during the fraud proof window.
Modular data availability
Instead of posting all transaction data to Ethereum, Mantle routes it through EigenDA, a dedicated DA layer. This reduces fees while data availability guarantees remain backed by restaked ETH security.
EVM equivalence
Mantle runs a full EVM execution environment so Ethereum contracts deploy without modification. Developers use the same tools, libraries, and audited code.
MNT token
MNT is used to pay gas fees on Mantle and serves as the governance token for the Mantle ecosystem, including the treasury managed by Mantle DAO.
Large ecosystem fund
The Mantle treasury holds a substantial reserve in MNT and diversified assets from the BitDAO/BIT conversion, used to fund grants, liquidity incentives, and protocol development.
Ecosystem & usage
What Mantle is used for.
Mantle has attracted DeFi protocols, liquid staking products (mETH), and gaming projects, supported by an active grants program funded from the ecosystem treasury.
What is the relationship between Mantle and BitDAO?
BitDAO was a large DAO with a BIT governance token. In 2023 the community voted to rebrand BitDAO to Mantle and convert all BIT tokens to MNT at a 1:1 ratio, merging the treasury with the network's ecosystem fund.
How does EigenDA reduce Mantle's fees?
EigenDA is a data availability layer secured by restaked ETH. By storing transaction data there instead of on Ethereum calldata, Mantle cuts data publication costs, which is the main driver of L2 fees.
How long does a withdrawal from Mantle to Ethereum take?
Optimistic rollup withdrawals have a fraud proof challenge window of approximately seven days. Bridging services can offer faster exits in exchange for a fee.
Is MNT an ERC-20 token?
MNT is the native gas token on Mantle Network and also exists as an ERC-20 on Ethereum mainnet, bridgeable between the two networks.
Can I hold MNT in Zypto App?
Not yet. MNT isn't in Zypto App at the moment. You can hold it in any self-custodial wallet, and you can ask us to add Mantle using the "Request Mantle" button above.
