Mantle

• Total Supply:

• 6,219,316,795 MNT.

• Circulating Supply:

• 3,233,737,802 MNT.

• Token Type:

• ERC20.

• Usage:

• MNT is used to pay gas fees, grow the ecosystem, and govern the community.

As of today 07 November 2026, the price of Mantle is ₹46.10, with a 24-hour trading volume of ₹2.04 Cr. The market capitalisation for Mantle is ₹148.03 Cr. The circulating supply is 3302003382.54 Mantle, with the total supply also being 6219316794.89 Mantle.

Pros:

• Scalability:

• Mantle Network’s modular architecture aims to address Ethereum’s scalability issues.

• EVM Compatibility:

• Compatible with the Ethereum Virtual Machine, allowing developers to use existing smart contracts and tools.

• Community Governance:

• Token holders can vote on Mantle Improvement Proposals, giving them a say in the network’s direction.

• Innovative Technology:

• Utilizes roll-up technology and a decentralized data availability layer for improved performance.

• Ecosystem Growth:

• Mantle offers various services for developers and projects, including a decentralized staking service and a native NFT collection.

Cons:

• Market Volatility:

• As with all cryptocurrencies, MNT is subject to market volatility, which can lead to price fluctuations.

• Regulatory Risks:

• Changes in cryptocurrency regulations could impact the adoption and functionality of the Mantle Network.

• Technical Complexity:

• The modular architecture, while innovative, may present a learning curve for new users and developers.

• Competition:

• Mantle faces competition from other Layer 2 solutions and Ethereum scaling projects.

• Dependence on Ethereum:

• Mantle’s success is tied to the Ethereum network, and any issues with Ethereum could affect Mantle.

• High-Performance L2 Solution:

• Mantle Network’s focus on high throughput and low fees makes it an attractive platform for developers and users.

• Strong Community Involvement:

• The governance model encourages active participation from token holders, fostering a strong community.

• Continuous Innovation:

• Mantle’s commitment to adopting the latest blockchain innovations can lead to sustained growth and relevance.

• Strategic Partnerships:

• Collaborations with renowned artists and other blockchain projects can enhance the network’s visibility and adoption.

• Potential for Appreciation:

• As the network grows and achieves its scalability goals, the value of MNT could increase.

• Modular Architecture:

• Mantle’s unique approach to separating blockchain functions into modules allows for targeted upgrades and innovation.

• DAO-Spawned L2:

• Being the first DAO-spawned Layer 2 solution, it represents a new governance model in the blockchain space.

• Decentralized Staking Services:

• Mantle LSD allows users to stake Ethereum and earn rewards, enhancing capital efficiency.

Mantle is addressing the scalability and performance issues of the Ethereum network by providing a Layer 2 solution that offers high throughput, low fees, and enhanced security. It aims to make decentralized applications more accessible and efficient, thereby promoting wider adoption of blockchain technology.

Mantle Network is a network accelerated and governed by a DAO, where $MNT holders make crucial decisions through governance.

The ICO details for the Mantle (MNT) token are as follows:

• ICO Date:

• The token sale for Mantle occurred from 6th-11th July.

• Platform:

• The ICO rounds, including the Whitelist Round and Public Round, took place on the Bybit platform.

• Technical Risks:

• Potential bugs or vulnerabilities in the network’s code could lead to security issues.

• Adoption Risks:

• If the Mantle Network fails to attract sufficient users and developers, the value of MNT could suffer.

• Competition Risks:

• The emergence of superior Layer 2 solutions could diminish Mantle’s market share.

• Dependency Risks:

• Reliance on the Ethereum network’s success and stability is a risk factor for Mantle.

• Liquidity Risks:

• MNT may face liquidity issues on exchanges, affecting the ability to buy or sell the token.

The Mantle Governance whitepaper outlines the framework for the decentralized governance of the Mantle Network, a high-performance Ethereum Layer 2 solution. The governance model is designed to empower MNT token holders with the authority to guide the network's strategic direction. This includes making decisions on new product lines, tokenomics modifications, budget allocations, organizational structuring, and technical architecture choices. The governance process is integral to the operation and evolution of all Mantle products and the Treasury, ensuring that token holders have a significant role in shaping the ecosystem’s future.

The governance structure is highly adaptable, with the potential for changes based on approved proposals and ongoing initiatives. The Mantle Improvement Proposals (MIPs) are the formal mechanism through which the community proposes and discusses changes. These proposals are introduced in forum discussions to solicit community feedback and assess sentiment. After incorporating community input, the proposals advance to official voting on the Governance Module.

The Governance Module is a critical component of the Mantle Network, encompassing various documents that outline the authorized parameters established through MIPs or inherited from the launch state. These documents include:

• Governance:

• This document details the voting systems and parameters.

• Tokenomics:

• It specifies token details, distribution, vesting, and supply.

• Delegation:

• This outlines the determination of vote weight and vote weight modification schemes.

These documents are considered “living documents,” continuously maintained by the Mantle core contributor team and advisors. It is important to note that these documents may not have undergone formal ratification by Mantle Governance.

The whitepaper emphasizes the flexibility of Decentralized Autonomous Organizations (DAOs), noting that the governance content will evolve with the network’s needs. The Mantle Governance process is designed to be transparent and inclusive, allowing for a broad range of community participation in decision-making.

The MIPs serve as the primary vehicle for governance, functioning similarly to statutes and policies in traditional political or corporate contexts. They are the formalized process for proposing, discussing, and implementing changes within the Mantle ecosystem. Community feedback is a crucial aspect of the MIP process, with proposals undergoing thorough discussion before proceeding to a vote.

Overall, the Mantle Governance whitepaper presents a comprehensive framework for decentralized decision-making within the Mantle Network. It outlines the mechanisms for token holder authority, the adaptability of DAOs, the process for Mantle Improvement Proposals, and the importance of community feedback and voting. The governance model is designed to be dynamic, allowing for continuous maintenance and updates by the core team, aiming to foster a robust and participatory ecosystem.