Altcoins News

Story: Mantle’s DeFi TVL Hits $755 Million, Beats Avalanche and Sui

By Maheen Hernandez

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Key Partnership Wins. The $755 million number didn't happen overnight. Several major integrations pushed Mantle's TVL…

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What's Coming Next. The $755 million TVL represents growth momentum, not a ceiling.

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Mantle crossed $755 million. The Layer 1 chain's total value locked in DeFi jumped 230% over six months, per DeFiLlama data released this week.

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Back in September 2025, Mantle's TVL sat somewhere between $160 million and $200 million - pretty modest numbers for a chain trying to compete with established players.

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Mantle's playbook centers on two big bets: Real World Assets and CeDeFi integration. The chain became a hub for tokenized treasury bills, credit products, and real estate -…

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Aave integration delivered the biggest impact. Over $1.34 billion in lending and borrowing activity flowed through Mantle's Aave market, making it the third-largest globally…

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Bybit Alpha integration opened Mantle's ecosystem to over 80 million Bybit users. The exchange basically gave its massive user base direct access to Mantle's DeFi protocols…

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Everclear solved the bridging headache. Users can deposit stablecoins from any supported blockchain directly into Aave on Mantle without manual bridging steps.

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Emily Bao, Head of Spot at Bybit and Key Advisor at Mantle, said beating Avalanche and Sui is just the start.

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The $755 million TVL represents growth momentum, not a ceiling. Mantle wants to capture a big chunk of the tokenized real-world asset market as more traditional assets move…

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Tokenized gold and other institutional-grade assets are in development. The team expects TVL to keep climbing as these products launch and attract institutional capital.

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The network's $4 billion in community-owned assets includes projects like mETH, fBTC, and partnerships with Ethena USDe and Ondo USDY.

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Mantle's March 2026 strategic focus on treasury bill and real estate tokenization puts it in position to grab institutional liquidity flows.

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CIAN Protocol collaboration boosted Mantle's asset management capabilities significantly. Bybit's Mantle Vault hitting $150 million AUM shows the partnership is working - Bybit…

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The Everclear integration removes technical barriers that typically stop mainstream adoption.

The Currency Analytics

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