Trade on Mantle Network with liquidity from 15+ DEXs and zero added fees, to get the most from Mantle’s growing ecosystem, now on Matcha!
Mantle Network is ready for trading on Matcha. Mantle Network is the first Ethereum L2 network on Matcha that uses an offchain data availability layer, and eleventh EVM network to be supported for fast, efficient swaps, following recent additions including Linea, Blast, and Scroll. Get optimal trade routing through 15+ DEXs on Mantle for access to the deepest liquidity and best prices, with zero added fees on regular swaps, and gasless swaps to let you trade without needing native tokens.
What is Mantle Network?
Mantle Network is a Layer-2 chain that has been innovating with modular architecture in the pursuit of greater transaction efficiency. Mantle takes a hybrid approach of using optimistic rollups powered by OP Stack, with EigenDA-supported Mantle Data Availability (DA) to store Rollup data, an architecture known as an Optimium.
With Mantle’s TVL recently crossing $2 billion for the first time, it has followed a strong growth trajectory and it currently sits among the top 4 rollups by TVL.
Why use Matcha for trading on Mantle Network?
Unrivaled liquidity: bringing together deep liquidity from multiple sources, we let you access the largest DEXs on Mantle Network all at once, to ensure you get the best prices and minimal slippage.
User-friendly experience: whether you're a heavy trader or new to using crypto onchain, Matcha's intuitive interface makes trading fast and efficient, with cross-chain swaps for quick and cheap bridging and gasless swaps so you don’t need ETH to trade.
Smart routing: our next-generation routing engine 0x V2 gets you the absolute best price on any token even at large sizes, by reducing price impact on any individual liquidity source.
Wide token selection: from more established assets to the latest memecoins, we provide access to virtually any token on Mantle Network, within minutes of its launch!
How to swap on Mantle Network:
- Visit Matcha and connect your wallet.
- Search for the token you want to trade and filter by Mantle Network.
- Enter the amount to swap and select Review.
- Confirm the transaction in your wallet, and you're done!
Mantle Network’s modular architecture
Many Layer-2 networks come in the form of a single ‘monolithic’ format that requires nodes to manage the primary tasks of settlement, consensus and execution at the same time. Modular architecture distributes each of these tasks across different node networks, where each network is optimized for that task, and each task can be run in parallel.
In addition with the above, data availability is outsourced to an offchain database, EigenDA, instead of being sourced directly from Ethereum mainnet. L1 data costs are one of the largest costs incurred by a transaction on a regular optimistic rollup, so taking the data offchain can lead to large savings, though it should be noted that the Ethereum Dencun upgrade added blobspace to significantly reduce data costs.
Ultimately, Mantle Network’s modular nature is designed to improve scalability through a more efficient design, while remaining compatible with the Ethereum Virtual Machine (EVM) and keeping the ecosystem open and accessible to existing app developers.
Governance and MNT token
Mantle’s governance is largely within the hands of the community, with changes introduced and discussed using the Mantle governance forum, either by community members or core contributors, and then formal proposals (Mantle Improvement Proposals, MIPs) submitted for voting by Mantle (MNT) token holders on Mantle’s Snapshot page. While the voting process is conducted onchain, successful proposals must be implemented by members of the core contributor team rather than being triggered automatically.
Mantle Rewards Station
In an effort to incentivize long-term staking of MNT, Mantle has developed a rewards station where users can lock up their MNT tokens for a fixed period, during which withdrawals are disabled. This allows you to accrue a ‘boost’ multiplier of a fixed amount that correlates with the lockup duration, and you might be eligible for specific event-based rewards depending on where you allocate your stake. Check out the Mantle Rewards Station for more information.
Staking and mETH token
Mantle’s liquid staking protocol, mETH protocol, bridges Ethereum and Mantle and uses its own governance token, COOK, to decentralize protocol governance. The protocol’s liquid staking token (LST) Mantle ETH (mETH), is the fourth largest LST in terms of market cap. mETH is issued when a user deposits Ether in the staking protocol, and can be used in DeFi contexts such as trading, lending, or even restaking, while earning staking rewards on the deposits. These rewards can be redeemed by converting mETH back to ETH.
Restaking is also available, as mETH can be staked for cmETH, a token that accrues rewards in multiple third-party protocols at the same time and can be periodically redeemed, with an 8-hour redemption processing time.
Explore the Mantle ecosystem on Matcha
Mantle Network’s forward-thinking modular architecture and approach to data availability has set it up for success as it scales. Get the most out of Mantle and its thriving ecosystem with Matcha, for efficient, fast trades with the deepest liquidity across tokens like mETH, cmETH, COOK, FBTC and thousands of other projects on Mantle. Trade on Mantle now!
