Bitfinex to List MNT, Native Token of Mantle Layer-2 Network.

Bitfinex will list MNT, the native token of Mantle, a modular Ethereum Layer-2 network. MNT serves as the native gas token for transaction fees and the governance token for Mantle DAO, enabling holders to propose and vote on protocol changes. The total supply is capped at 6.219 billion MNT. Trading is planned to commence on August 28, 2025.

Mantle (MNT), the native token of the modular Ethereum Layer-2 network, is set to be listed on Bitfinex on August 28, 2025. This move comes amidst a series of utility announcements and strategic partnerships that have propelled Mantle's market performance in recent weeks. The listing on Bitfinex is expected to enhance the token's liquidity and accessibility, further fueling its growth.

Mantle, originally spun out of the BitDAO project, is focused on scalability, low transaction fees, and bridging liquidity between decentralized finance (DeFi) and centralized finance (CeFi). Its infrastructure is designed for performance, developer accessibility, and composability with major financial primitives. The network aims to become the backbone for next-generation DeFi protocols and institutional-grade blockchains [1].

The recent surge in MNT's price and market capitalization can be attributed to several key factors. Firstly, Mantle has seen significant utility within Bybit's ecosystem. The token's perpetual futures will soon be listed on Coinbase International Exchange and Coinbase Advanced, making MNT accessible to a broader range of institutional and retail investors. Additionally, Bybit has integrated MNT for various use cases, including trading fees, VIP status, and access to exclusive events [1].

Secondly, Mantle has been bolstered by leadership moves at the highest levels. Helen (Bybit Co-CEO) and Emily (Head of Bybit Spot and Byreal Co-founder) have joined Mantle as Core Contributors. This infusion of expertise is set to supercharge the bridge narrative between Web2 and Web3 communities and ensure that Mantle's roadmap aligns with Bybit's product innovations [1].

Moreover, Mantle is doubling down on becoming an industry-grade blockchain for real-world asset (RWA) tokenization. The network aims to become the largest ZK-secured (Zero-Knowledge Proof) chain by year-end, making it highly secure and regulatory-friendly [1].

To foster transparency and community engagement, Mantle has committed to monthly AMAs and is considering a new MNT token burn mechanism, pending DAO approval. This mechanism, similar to the $BIT to $MNT migration that burned 3 billion tokens, could supercharge token value [1].

With the Bitfinex listing, Mantle is poised to solidify its position in the Layer-2 ecosystem. While it faces competition from established L2s like Arbitrum, Optimism, and Base, its unique blend of exchange liquidity, institutional partnerships, and pragmatic DeFi/TradFi bridges sets it apart. As MNT's price continues to rise and its roadmap accelerates, the focus will be on whether Mantle can transition from a narrative leader to a true category king in the Layer-2 space.

References:
[1] https://blockchainmagazine.net/mantle-mnt-surges-on-back-to-back-utility-announcements-and-bybit-power-moves/