MantleMNT
- Market cap#58$1.33B
- 24h volume#82$23.61M
- All-time high$2.86
- YTD return− 56.75%− 56.75%
- Circulating supply
- 3.31B
- Total supply
- 6.22B
- Max supply
- 6.22B
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MNT to USD converter
About Mantle (MNT)
Mantle is a layer-2 network on Ethereum that processes transactions off the main chain and settles them on Ethereum, which makes them faster and cheaper. MNT is its native token, and it is used to pay transaction fees on the network and to vote on governance. Mantle grew out of BitDAO, a decentralized organization that was backed by the crypto exchange Bybit and held a large treasury. In 2023, BitDAO and Mantle merged under the Mantle name, and holders exchanged their BIT tokens for MNT at a rate of one to one. The Mantle mainnet launched in July 2023.
How Mantle works
Mantle is compatible with the Ethereum Virtual Machine (EVM), so developers can use Ethereum applications and tools on it. It started as an optimistic rollup, a design in which transactions are assumed to be valid unless someone challenges them. In September 2025, it moved to a validity-proof system based on zero-knowledge proofs, in which a cryptographic proof confirms each batch of transactions. For several years, Mantle stored its transaction data with EigenDA, a separate data availability service, and in 2026 it switched to posting the data to Ethereum itself.
Mantle ecosystem
The ecosystem includes mETH, a liquid staking token for staked ether, and FBTC, a token that brings Bitcoin to DeFi applications. Developers build DeFi applications, stablecoin products and tokenized assets on the network.
MNT supply and tokenomics
MNT has a maximum supply of about 6.22 billion tokens. Part of the supply is held by the Mantle treasury, which is controlled by token holders through governance. Circulating and total supply figures are shown at the top of this page.
Mantle price history
MNT began trading in July 2023, when it replaced the BIT token. You can see the all-time high and the full price history on the chart above.
Mantle price on Cointelegraph
Cointelegraph's Mantle price index gives you the live MNT to USD price and the numbers behind it: 24-hour change, market cap, 24-hour trading volume, all-time high and year-to-date return. Explore the price chart across six timeframes and use the MNT to USD converter for quick calculations. For daily updates, see our blockchain news page.