Mantle

MNT Launched 2023 source

What this page is: neutral, sourced facts about Mantle. Every line links where it was checked. 10 facts, 1 from primary sources. Educational, not financial advice.

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Launch

The Block reported on July 17, 2023 that Ethereum Layer 2 Mantle Network launched its mainnet alpha at EthCC in Paris after six months of development and testing. secondary source source

Founders and creators

There is no single founder; jacobc.eth and Ben Zhou were early key contributors to the initial proposal that introduced Mantle. secondary source source

Origin story

jacobc.eth and Ben Zhou were early key contributors to the initial proposal that introduced Mantle, which CoinMarketCap describes as DAO-governed with no single founder. secondary source source

Stated purpose

MNT is used for governance and staking across the Mantle ecosystem. secondary source source
Mantle describes itself as an open financial network connecting market participants to institutional-grade capital market assets onchain. primary source source

Consensus mechanism

Mantle Network is the first L2 to partner with ETH restaking protocol EigenLayer for the data availability module. secondary source source
Mantle takes a modular chain approach with an Optimistic Rollup design, separating execution, data availability, consensus and settlement. secondary source source

Supply model

As of Nov 4, 2026, CoinMarketCap states the total supply of MNT is 3,172,988,154 tokens, with 51% in circulation and 49% allocated to Mantle Treasury. secondary source source

Main uses today

$MNT powers Mantle's ecosystem, serving as the cornerstone for governance and staking. secondary source source

Key milestones

The Block reported on July 17, 2023 that the Mantle Network mainnet alpha followed a merger with backer BitDAO in May. secondary source source

Sources & studies

Last checked: 2026-11-04 · Prices, market caps and circulating supply are left out on purpose because they change by the minute. Educational, not financial advice.

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