Mantle Network has been online for only one month, and its TVL has exceeded 40 million dollars

ChainCatcher news, according to The Block, the TVL of the Ethereum Layer 2 network Mantle Network surpassed $40 million within just one month of its launch. The Alpha version of the Mantle mainnet officially launched on July 17. According to data from DeFiLlama, in terms of TVL, it has quickly become the seventh most valuable Layer 2 blockchain, following Arbitrum One, OP Mainnet, zkSync Era, Base, Starknet, and Immutable X.

It is reported that the standout ecological project of Mantle Network's TVL is its native decentralized trading platform Agni Finance. The TVL of this trading platform alone exceeds $23 million, with a cumulative trading volume reaching $53.6 million.