Bungee is now live on Mantle Network, unlocking seamless chain abstracted swaps and enhanced liquidity for the entire ecosystem. Built on SOCKET protocol, Bungee simplifies multi-chain interactions, making it easier than ever for users to move assets efficiently and securely between blockchains — reinforcing Mantle Network’s vision of becoming a leading Liquidity Hub.

Abstracting Chains with Bungee

In today’s multi-chain landscape, users often find themselves navigating complex bridging processes when moving assets between networks. As blockchain ecosystems continue to evolve, efficient multi-chain interactions have become essential to unlocking new opportunities.

With over 3 million active users, $15 billion in volume processed, and the trust of prominent wallets and dApps, Bungee’s integration into Mantle Network marks a significant milestone that brings a range of benefits to users, including:

• One-Click Access: Swap assets between any supported chains directly into Mantle Network with minimal friction.
• Enhanced User Experience: Bungee abstracts away the complexity of multi-chain interactions, enabling effortless participation in cross-chain DeFi.
• Robust Security: Combining off-chain competition with on-chain execution ensures reliable and secure swaps.

A Word From Both Teams

Jimmy Zhao, Infra lead of Mantle adds: "With Bungee being a leading protocol in chain abstraction, integrating with them made perfect sense and marks a huge milestone for Mantle Network. Bringing them into our ecosystem not only provides multiple benefits for our users but also reinforces our commitment to capital efficiency and becoming a leading liquidity hub. We're excited to see what this collaboration brings in the future as we work together to unify the fragmented DeFi landscape."

“We're thrilled to announce this strategic collaboration between Mantle Network and Bungee Protocol. Mantle's innovative approach to scaling Ethereum and their robust liquid staking solutions make them an ideal ecosystem partner. Through this integration, we're providing our 3 million users with gasless, chain abstracted access to assets like $mETH and $cmETH, unlocking the significant yield opportunities available on Mantle. This collaboration exemplifies our commitment to delivering the most seamless onboarding experience into high-potential ecosystems like Mantle Network.” said Vaibhav Chellani, Co-Founder of Bungee & SOCKET Protocol.

Swap, Earn, and Win: Bungee x mETH Protocol

To celebrate this collaboration, starting March 24, 2025, users who swap any asset from any chain into $mETH or $cmETH on Mantle Network can earn from a $30,000 $MNT reward pool that will be distributed back to the community. Here’s what you need to know.

What are $mETH and $cmETH?

$mETH is a value-accumulating receipt token for ETH staking. It represents both the underlying principal and accumulated ETH rewards, giving users the ability to redeem $mETH for their staked assets plus earned rewards.

$cmETH is a 1:1 receipt token for $mETH restaking across a diverse portfolio of positions, including EigenLayer, Symbiotic, Karak, and associated Actively Validated Services. Rewards from $cmETH accrue in multiple third-party assets, which users can claim periodically.

Event Period: March 24, 2025 — April 7, 2025

The $30,000 reward pool in $MNT tokens is divided into two components:

(1) Fee Rebates ($20,000 USD in $MNT)

• Receive an 80% rebate on transaction fees for every swap to $mETH or $cmETH.
• No minimum transaction amount is required to qualify.
• Rebates apply to all transactions swapping to $cmETH or $mETH on Mantle Network.

(2) Raffle Rewards ($10,000 USD in $MNT)

• Earn 1 raffle ticket for every $1,000 USD in transaction volume.
• A total of 10 winners will be selected at the end of the campaign.
• Each winning ticket is worth $1,000 USD in $MNT tokens.

Campaign activity will be fully transparent and publicly trackable through Bungee's Dune dashboard. Users can monitor transaction volume, fee rebates earned, and raffle tickets accumulated in real time.

Both fee rebates and raffle rewards will be distributed within seven days after the campaign concludes.

To get involved, head over to Bungee.Exchange now and start swapping. For the latest updates on the collaboration and ongoing campaign, make sure to follow both Mantle and Bungee on X/Twitter.