↑LlamaRisk April 2025 Monthly Community Update
MNT onboarding as collateral supported on Aave v3 Mantle due to adequate market depth and liquidity thresholds met post-Celo transition.
24h Change-2.75%
All Time HighOct 9, 2025$2.86
All Time LowOct 18, 2023$0.31
Market Cap$1.979b
Fully Diluted Valuation$3.726b
Circ. Supply3.302b MNT
Max Supply6.219b MNT
Outstanding FDV$3.726b
CEX Volume$11.61m
DEX Volume$40.58m
Uniswap V3 · Ethereum$6.79m
PancakeSwap AMM V3 · Ethereum$44,635
Risk-management actions published about MNT by tracked risk managers and governance contributors, newest first.
MNT onboarding as collateral supported on Aave v3 Mantle due to adequate market depth and liquidity thresholds met post-Celo transition.
WMNT serves as the wrapped version of Mantle's native gas and governance token, analogous to WETH on other networks and already onboarded across Aave instances. Despite liquidity concentration in two USDe pools funded almost entirely by Mantle Treasury, which could trigger shocks, its core network role justifies listing with conservative caps.
MNT, the native token of Mantle Network, is being proposed as collateral to enable core users to leverage their holdings for borrowing ecosystem assets and participating in DeFi, driving increased activity and engagement on Aave's Mantle instance.
Previously BitDAO, MNT is the native governance and utility token of Mantle Network. MNT token holders determine the strategic direction of the Mantle ecosytem. All decisions are subject to proposals and voting by MNT holders. MNT is Mantle's gas token.
All decisions, from launching new initiatives, to transferring and recalling treasury resources, assigning and modifying powers to operating teams, and implementing corrective actions, are subject to proposals and voting by MNT token holders. Token holders cannot vote or create proposals until they delegate their voting rights to an address.
Tokens can be delegated to addresses with large holdings that represent a large voting weight.
MNT holders have full rights over treasury decisions.
Revenue decisions can be proposed and voted on by the DAO.
MNT is utilized for gas fees on the network. MNT can be locked and allocated to rewards pools for token & points rewards.
No buyback mechanism is currently active
No dividend or revenue distribution is currently active
No burn mechanism is currently active
An is required to view token usage.
An is required to view token unlocks.
Tracking 6 pools, average APY 3.71%

Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabMNT-USDE0.3% | $3.6m | 9.06% | 9.06% | 6.13% | |||||
| open in new tabWMNT | $755,120 | 0% | 0% | 0% | |||||
| open in new tabWMNTfrozen | $65,662 | 0.41% | 0.07% | 0.33% | 0.37% | ||||
| open in new tabELSA-WMNT0.3% | 🪂 | $44,293 | 4.56% | 4.56% | 1.75% | ||||
| open in new tabMNT-WETH0.3% | $18,358 | 4.53% | 4.53% | 6.99% | |||||
| open in new tabUSDC-MNT | $11,895 | 0% | 0% | 0% |
Showing 10 of 26 routes

Pool | Project | Chain | |||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabWMNT âžž USDT0 | $26.92m | -1.52% | 0% | -3.81% | 40% | $755,120 | $0 | ||
| open in new tabWMNT âžž WETH | $4.62m | -0.93% | 0% | -2.32% | 40% | $755,120 | $0 | ||
| open in new tabWMNT âžž WETH | $4.62m | -1.33% | 0.41% | -2.32% | 75% | $71,664 | $6,003 | ||
| open in new tabWMNT âžž USDC | $4.48m | -1.12% | 0% | -2.81% | 40% | $755,120 | $0 | ||
| open in new tabWMNT âžž USDE | $855,170 | -1.08% | 0% | -2.70% | 40% | $755,120 | $0 | ||
| open in new tabWMNT âžž USDE | $855,170 | -1.62% | 0.41% | -2.70% | 75% | $71,664 | $6,003 | ||
| open in new tabWMNT âžž METH | $224,729 | -0.98% | 0% | -2.46% | 40% | $755,120 | $0 | ||
| open in new tabWMNT âžž METH | $224,729 | -1.44% | 0.41% | -2.46% | 75% | $71,664 | $6,003 | ||
| open in new tabWMNT âžž CMETH | $154,182 | 0.27% | 0.41% | -0.18% | 75% | $71,664 | $6,003 | ||
| open in new tabWMNT âžž CMETH | $154,182 | -0.07% | 0% | -0.18% | 40% | $755,120 | $0 |