Mantle is a blockchain network that aims to let financial institutions and investors issue, trade, and access real-world investment assets online. Of the 2 things it promised, it delivered 0, 2 are still open (2 with no date); nothing dated is coming up. It trades at $0.558, #49 of all coins by size, 80% below its highest ever price.
This week Nothing changed on its record.
A real job, real backing. Delivered 0 of 2, none late. Nothing dated ahead. Biggest of 4 neobanks. Nothing to be careful of on the record.
Is it real?
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2 of 4
- ✓A real-world jobReal-world purpose: cheaper transactions on top of Ethereum
- ✓Real backingBacking: backed by DragonFly Capital; in the GMCI 30 Index; trades on Coinbase, Kraken, Bybit
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- –Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.
Backed by DragonFly Capital
- Origin17 October 2023about about 2 yearsgroup.mantle.xyz, GitHub, Whitepaper
- DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
- BackingDragonFly CapitalInvestor tags from CoinGeckoIndex: GMCI 30 Index, GMCI IndexListed on Coinbase, Kraken, Bybit, Bybit EU
- Standing on the record0 of 20 confirmed by outside news31 headlines last month, 1 about government57,300 people keep it on a CoinGecko watchlistNo corrections needed so far
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
0 of 2
promises delivered, by the project's own pages
0 of those confirmed by an outside news report
Promises by the year they were due
delivered open past due
The project gives no dates for these, so there is no line to draw. What its pages say, in plain words:
Still open, undated (2)
- Mantle said it would soon launch a new banking product…
- Mantle said it would soon launch an investment fund called…
- Openno dateMantle said it would soon launch a new banking product called Mantle Banking.
- Openno dateMantle said it would soon launch an investment fund called the Mantle Index Four (MI4) Fund.
What is next, and when?
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Nothing dated
The project has not put a date on anything still open. That is a fact worth knowing.
How big is it next to its rivals?
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world
Cheaper transactions on top of ethereum
7 coins we checked say they are for cheaper transactions on top of Ethereum, worth $3.34B together. #1 of 6 by worth.
Neobank: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Mantle$1.84Bthis coin−1.2%53% out0 of 2 delivered
Ether.fi$589.89M3.1× smaller, −$1.25B−6.0%, gap −4.897% outno record
Plasma$225.3M8.2× smaller, −$1.62B+0.5%, gap +1.7no max0 of 6 delivered
Telcoin$156.32M11.8× smaller, −$1.69B−0.1%, gap +1.199% out0 of 1 delivered
Neobank: this coin next to Ether.fi, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- Mantle says
- Mantle is a blockchain network that aims to let financial institutions and investors issue, trade, and access real-world investment assets online.
- Ether.fi says
- ether.fi is a modern crypto neobank that replaces the traditional consumer bank.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
Mantle is a blockchain network that aims to let financial institutions and investors issue, trade, and access real-world investment assets online.
Its listing puts it this way: Mantle is a pioneering on-chain ecosystem dedicated to revolutionizing the future of finance and blockchain scalability, seamlessly bridging traditional finance (TradFi) and decentralized finance (DeFi).
Problem it says it solves: cheaper transactions on top of Ethereum. 9 coins we have checked say the same; together they are worth $4,330,706,508.
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
Nothing printed today
None of the six tests fails. A missed promise counts only on a record a person has checked.
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The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.
The homework: the coin itself, the news, the record
The coin itself
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The last 7 days
Where today sits against its highest ever price
Highest ever: $2.86 on 8 October 2025. Today is 20% of that.
53%
of all MNT that will ever exist is already out in public hands: 3.3B coins.
47% (2.92B coins) is already created but not in public hands, held by the project or locked in escrow. That is a large share, though not a majority. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
Pays for every use of its network
Every transaction on its network pays a fee in it. That is the built-in reason anyone needs it.
- Every transaction on its network pays a fee in it
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- of the maximum supply is in circulation: 3.3B of 6.22B.
- 2.92Bcoins still to be released, 47% of the maximum. Releases can add selling pressure.
- 1.9×fully diluted value versus today's market cap. The gap is coins not yet released.
- of its all-time high of $2.86 on 8 October 2025. That is −80.5% from the top.
- #49by market cap, $1,842,040,406.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
- $98.99M is locked in apps built on it right now
- Users paid $11.44K in fees to use it in the last 30 days, $11.44K of that kept by the network
From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.
What the news says
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Headlines per day, last 30 days
31 headlines named this coin in the last month.
What they were about
- Price12
- Upgrade6
- Stablecoin4
- Tokenization3
- Partnership2
- Hack1
- AI1
- ETF1
- Mantle Volatility Explained: No Specific Catalyst Found
- MNT Skyrockets 20%, Analysts Say It's 'One of the Cycle's Strongest Tokens'
- Mantle Targets Global AI Builders With Biggest Hackathon To Date
- Mantle Token Bucks Market Trend, Approaches $1.86 All-Time High
- Mantle (MNT) Surges 6.46% on Paxos USDG Integration
- Mantle Becomes One of the First Ethereum L2s to Bring Franklin Templeton's USPX ETF On-Chain with xStocksGovernment
- Mantle Surges 3.03% on USDG Stablecoin Integration
- Mantle Adds USDG to Its Network
- Mantle Price Eyes $1 as Exchange Outflows Accelerate
- Mantle Price Eyes $1 as Exchange Outflows Accelerate
- USDG stablecoin launches natively on Mantle, bo...Upcoming
- USDG launches natively on Mantle in Paxos expansionUpcoming
- Mantle Gains 4.45% as Sepolia Upgrade Fuels MomentumUpcoming
- Mantle (MNT) Drops 3.56% Amid Altcoin Risk-Off Sentiment
- Is Mantle a Good Buy at Current Prices?
- Mantle crypto: How MNT’s 10% rally could push price toward $0.59
- Mantle Price Breaks Out of Channel: Can MNT Price Reach $0.90 Next
- Mantle Price Breaks Out of Channel: Can MNT Price Reach $0.90 Next
- Mantle Price Breaks Out of Channel: Can MNT Price Reach $0.90 Next
- Mantle Surges 3.81% on Technical Breakout in Risk-On Market
- Mantle Surges 6.1% on DeFi Launch, Security Upgrades, Risk-On
- Mantle Vault Expands Into DeFi With Grove, CIAN, and Fluxion
- Mantle expands RWA yield offering from CeFi to DeFi
- Mantle launches DeFi stablecoin vault after $20...Upcoming
- Mantle (MNT) Surges 7.34% on Technical, Fundamental, Macro Factors
- Mantle (MNT) Surges 13% on Technical Breakout, L2 Rebound
- Mantle price jumps 6% as MNT eyes a 10% breakout
- Mantle launches public dashboard tracking $820M in stablecoins and tokenized assets on its Ethereum Layer 2 networkUpcoming
- Mantle price rebounds 6.6%, testing key resista...
- Mantle Price Gains as Real-Time Data Dashboard Goes Live
- Mantle Volatility: RWA Tokenization, Super Portal Drive Move
31 headlines in the last month.
Headlines are the publishers' own. News is never placed next to price.
The record itself
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy
Mantle is a blockchain network that aims to let financial institutions and investors issue, trade, and access real-world investment assets online.
“Mantle is the open financial network connecting global market participants to institutional-grade capital market assets onchain.”source · snapshot · captured 2026-09-10
Live. The record does not yet cite when this stage began.
0 of 2 promises delivered. 2 open.
Others in ethereum layer-2 networks: Starknet 10 of 24, ADI 7 of 15, Base 2 of 4, Gate 0 of 1.Others in asset tokenization: Zano 51 of 69, Chiliz 3 of 15, Algorand 2 of 7, XRP 2 of 3, and 14 more.
No public code repository is listed in this record.
The project's docs page last changed on 14 September 2026.
Nothing further to flag from the record as it stands.
Every entry on this page has been checked by a person against its snapshot.