Convert between MNT and US dollars at the live rate.
$2.86
−85.65% from current
$0.307978
+33.06% from current
Independent editorial ranking. Score is 0–10 across six criteria: Security, Fees, UX, Features, Support, Reputation.
US and EU users who prioritise a spotless security record — no major hack since 2011 — and want a serious pro-grade trading terminal.
Institutions and funds requiring an SEC-registered venue with segregated qualified custody and audited on-chain reserves.
Active spot traders chasing the deepest global liquidity and the widest listing catalogue outside the US perimeter.
Traders who mix spot and on-chain — the Web3 wallet, DEX aggregator and Ethereum L2 X Layer sit inside the same account as CEX pairs.
Long-horizon EU holders who want the oldest continuously-operating exchange (2011) with conservative listings and full MiCA licensing.
Derivatives-first traders who want tighter perp funding and a maker-friendly fee schedule; accept offshore regulatory footprint.
Top coins in the same category, ordered by market cap.
Mantle is a modular Ethereum Layer-2 built on the OP Stack with EigenDA data availability. Launched in 2023 by the team behind BitDAO (now Mantle Treasury), Mantle pairs OP's execution model with cheaper data availability via EigenDA, resulting in materially lower fees than pure OP Stack L2s. MNT is the network's native asset, used for gas, staking, and governance.
In 2026, Mantle sits in the top-40 cryptocurrencies by market capitalisation. Its differentiated positioning: modular architecture combining OP Stack execution with EigenDA data availability, backed by one of the largest DAO treasuries in crypto (Mantle Treasury, funded from the original BitDAO/DAO merger). This gives Mantle unusual runway for ecosystem incentives and protocol development.
The Mantle ecosystem's standout product is mETH — Mantle's liquid staking token, which grew to one of the largest non-Lido LSTs by TVL in 2024-2025. Mantle Network itself hosts a range of DeFi protocols, and Function (FBTC) — a Bitcoin yield product backed by Mantle Treasury — represents an early move into BTCFi infrastructure.
Mantle separates execution (OP Stack) from data availability (EigenDA). Standard OP Stack L2s post transaction data to Ethereum L1 via blob transactions (EIP-4844). Mantle instead posts to EigenDA, an EigenLayer-secured data-availability layer that inherits Ethereum security via restaked ETH. This significantly reduces per-transaction costs relative to L1-DA rollups.
The tradeoff: EigenDA is newer than Ethereum L1 DA and its security model, while inheriting from Ethereum via restaking, is less battle-tested. This is a live experiment that has performed reliably through 2024-2026 but is not identical to L1 DA in every risk dimension.
Block times are approximately 2 seconds with finality inherited from Ethereum L1 (subject to the standard 7-day optimistic rollup challenge window for L1 withdrawals). Transaction fees are typically well under $0.01 for simple transfers.
MNT has a supply of approximately 6.2 billion tokens (the result of merging BitDAO's BIT token with Mantle's own issuance at the 2023 rebrand). As of July 2026, circulating supply sits at approximately 3.3-3.5 billion MNT.
The Mantle Treasury holds significant token reserves — one of the largest DAO treasuries in crypto, with reserves in a mix of stablecoins, ETH, and MNT. Treasury contributions fund protocol development, ecosystem grants, and mETH-related infrastructure. Staking MNT contributes to network validation and earns rewards.
MNT is used for gas on Mantle Network, governance participation, and various DeFi collateral opportunities within the Mantle ecosystem. Staking yields sit around 3-5% APR depending on validator performance.
Mantle has positioned itself between mainstream Ethereum L2s and the EigenLayer-aligned ecosystem. The Treasury's scale enables significant ecosystem incentives that smaller L2s cannot match, and mETH adoption has been strong given the ecosystem's relatively young age.
Mantle's 2026 setup depends on continued execution across three fronts: mETH growth, EigenDA-based cost advantages remaining meaningful vs pure L1-DA L2s, and Treasury-funded ecosystem grants attracting significant developer and user activity.
The bull case is that mETH becomes a top-3 LST, Function (FBTC) captures meaningful BTCFi share, and Mantle establishes itself as the leading EigenDA-based rollup. The bear case is L2 activity concentrating on Base and Arbitrum while Mantle remains a mid-tier L2 without decisive breakout.
Analysis last updated:
Mantle (MNT) trades at $0.409798 with a 24-hour volume of $22.37M and a market capitalization of $1.35B. The asset is currently ranked #54 among all tracked cryptocurrencies.
In the last 24 hours, the MNT price has fallen +1.79%. On a seven-day window, Mantle has retraced +6.32%, under sustained selling pressure on both windows. Short-term moves are often amplified by liquidity, news flow, and derivatives positioning, so confirm signals across multiple indicators before acting.
Mantle's all-time high of $2.86 was set on October 8, 2025. The current price sits +85.65% below that peak. Distance from the all-time high is a common reference point when evaluating long recoveries and macro support or resistance.
Buying Mantle (MNT) is a five-step routine once you have picked the right venue and pair. The steps below mirror what most investors do today.
You can also use the Mantle converter above to estimate how much MNT you would get for a given dollar amount before placing the order.
Whether Mantle is a good investment depends on your goals, time horizon, and tolerance for volatility. Like all cryptocurrencies, MNT carries real market risk: prices can rise or fall sharply in a day, and past performance is not a reliable indicator of future returns.
This page provides data and analysis for educational purposes only. It is not financial advice. Always do your own research, diversify, and never invest more than you can afford to lose.
