Since the launch of Mantle Mainnet Alpha on July 17, 2023, Mantle Network has attracted a diverse range of decentralized applications (dApps). Driven by our belief in a future where global finance is fully on-chain, we have prioritized integrating innovative, secure, and user-friendly dApps that equip users and builders with the tools they need to thrive in this emerging landscape.

With the support of Mantle EcoFund — a $200 million catalyzed capital pool investing in native applications and technology partners within Mantle Ecosystem — and initiatives like the Mantle Scouts Program, our mission to drive ecosystem growth and attract high-quality projects continues to gain momentum as we enter the new year.

Let’s take a look at some of the dApps that are not only advancing Mantle’s vision but also unlocking new possibilities for on-chain finance.

Decentralized Exchanges

Merchant Moe

Merchant Moe stands out as a cornerstone DEX on Mantle Network, offering a range of essential DeFi features. Users can perform seamless token swaps, provide liquidity to earn fees, and stake their LP tokens to earn MOE rewards. Additionally, MOE holders can stake their tokens to gain voting power (veMOE) while earning a share of the protocol’s revenue. With veMOE, users can also vote to boost rewards for Classic Farms and Liquidity Book pools, enhancing earning opportunities for liquidity providers. To access these features, simply navigate through the tabs in the top menu of the platform.

In addition to the features above, Merchant Moe currently offers a range of incentivized liquidity pools, providing users with extra rewards (on top of the APR rewards) from ongoing campaigns across Mantle Ecosystem. Below is a list of incentivized liquidity pools that users can explore to earn additional rewards.

• Provide liquidity for cmETH/MNT in Merchant Moe - 40x Powder/Day
• Provide liquidity for cmETH/USDT in Merchant Moe - 40x Powder/Day
• Provide liquidity for cmETH/USDe in Merchant Moe - 40x Powder/Day & 30x Ethena Rewards
• Provide liquidity for sUSDe/USDe in Merchant Moe - 30x Ethena Rewards
• Provide liquidity for AUSD/USDe in Merchant Moe - 30x Ethena Rewards
• Provide liquidity for FBTC/mETH in Merchant Moe - 4x Sparks per 0.001 BTC/Day
• Provide liquidity for FBTC/WBTC in Merchant Moe - 2x Sparks per 0.001 BTC/Day

If that wasn’t enough, users have until Feb. 10, 2025, to dive into the ongoing Moe’s Rager campaign, with a massive 1 million $MNT reward pool up for grabs. Participants can earn a share of 800K $MNT by staking $MOE, voting, and opting into bribes. The remaining prize pool will support community-driven initiatives, including the Journeyman Trials and Moe’s Loyal Supporter Development (LSD) Program, offering even more ways to earn rewards. Visit here for more information!

AGNI

AGNI is another prominent DEX on Mantle Network, built on an AMM (automated market maker) model and forked from Uniswap V3. One of AGNI’s standout features is precision liquidity, allowing liquidity providers to allocate capital within specific price ranges, maximizing capital efficiency and optimizing returns. Like Merchant Moe, AGNI provides seamless token swaps and incentivized liquidity pools, allowing users to earn competitive APRs and additional rewards from ongoing Mantle Ecosystem campaigns.

Below is a list of incentivized liquidity pools currently live on AGNI.

• Provide liquidity for cmETH/WETH in AGNI - 30x Powder/Day
• Provide liquidity for cmETH/mETH in AGNI - 30x Powder/Day
• Provide liquidity for cmETH/USDe in AGNI - 40x Powder/Day & 30x Ethena Rewards
• Provide liquidity for FBTC/mETH in AGNI - 4x Sparks per 0.001 FBTC/Day

In addition to its incentivised liquidity pools, AGNI has recently launched its new Boost Mode feature, offering users the ability to trade BTC/USD and ETH/USD perpetual contracts with zero slippage on open positions and leverage options from 250x to 1000x.

Disclaimer: Perpetual trading with high leverage carries significant risk. While it offers the potential for high rewards, it can also lead to substantial losses. Users are advised to understand the risks fully and trade responsibly.

IntentX

IntentX is a next-generation OTC derivatives exchange on Mantle Network, offering perpetual futures trading with a unique, intent-based architecture. Unlike traditional DEXs that tend to opt for an AMM approach, IntentX allows traders to express their trading intentions, which external solvers then execute. With over 315 perpetual pairs, leverage of up to 60x, and cross-margin accounts for optimized capital use, IntentX positions itself as a leading destination for derivatives traders.

The team at IntentX has been hard at work hosting their very own Trading Olympics! With up to 1.5 million in total rewards for the event, there's still plenty of opportunity to earn in the final epoch, running from Jan. 13, 2025, to Jan. 26, 2025. Compete for top spots in the P&L% and P&L competitions by trading your way to the top. To participate in the Top P&L% competition, simply trade during the competition period — every trader is automatically entered into the Trading Olympics.

Lending

INIT Capital

INIT Capital is one of Mantle Network's key money markets, designed to democratize access to liquidity by serving both DeFi users and protocols through its unique "Liquidity Hooks" feature. DApps can source liquidity from INIT by establishing a "Liquidity Hook," enabling seamless integration with the platform. Lenders benefit from higher APRs as integration partners utilize liquidity, while borrowers gain access to Liquidity Hooks created by dApps, allowing them to explore multiple yield strategies. This creates a system where all stakeholders can maximize the platform's benefits.

Aside from the potential to earn through APRs on INIT, the platform is giving users a chance to pick up extra Mantle Ecosystem rewards just by depositing. With Powder, Stones, Sats, and Sparks rewards currently available across the platform, even if you're more of a passive DeFi user, there's still plenty of potential to accumulate rewards.

For those feeling more adventurous and with a higher risk appetite, INIT Hooks offers a way to dive into looping strategies and maximize rewards. For example, users can leverage $cmETH Looping Hooks to earn up to 100x Powder! With Looping Hooks, users can deposit their assets to generate extra yield and boost their rewards exposure. By selecting their preferred leverage level, users can manage risk while fine-tuning their strategy to get the most out of the platform.

Disclaimer: Please ensure you understand the risks associated with looping and manage your risk accordingly.

Lendle

Lendle is another Mantle Network-native money market designed to offer a decentralized, permissionless platform where users can participate in lending and borrowing activities on a secure and efficient system, earning real yield rewards. By maintaining over-collateralized loans to safeguard depositor funds, Lendle ensures enhanced liquidity and flexible lending options, positioning itself as a key player in Mantle Network's DeFi landscape.

Holders of Lendle's native token, $LEND, benefit directly from the platform's revenue-sharing mechanism. Protocol revenue is distributed to $LEND stakers, allowing them to share in the earnings generated by platform activities and offering another way to earn additional rewards. Speaking of extra rewards — in addition to providing depositors access to other Mantle Ecosystem incentives, including Powder, Sats, and Sparks, simply by depositing on the platform, Lendle also features a "Strategies" page. This page enables users to explore yield strategies offered by Lendle's partners, all in one place, helping them discover different DeFi opportunities.

Bonus Yield & Rewards

The opportunities don't stop there — users can explore a variety of DeFi platforms on Mantle Network to discover more yield opportunities and ecosystem rewards. Check out the full range of Mantle Network dApps here.

If you're eager to dive in right away, here are some additional platforms on Mantle Network offering yield and ecosystem rewards.

• Pendle:

  • LP $cmETH on Pendle to earn APY, Powder, Symbiotic, Karak, and Veda points.
  • Swap Into YT cmETH to leverage your points exposure. For those with a higher risk appetite, YT cmETH is an ideal vehicle to leverage your Powder exposure, as it essentially allows users to long their yield.
  • Forego your points to receive a fixed APY by swapping into PT cmETH.

• Treehouse:

  • Deposit $cmETH on Treehouse house to earn APR, Powder, Symbiotic, Karak, and Veda points.

• Omega:

  • Deposit assets into Omega's collateral vaults, borrow up to 6x leverage from available liquidity pools, and deploy the borrowed funds into Omega's customized strategy vaults.

  

Cross Chain

Stargate

Stargate is a fully composable liquidity transport protocol at the core of Omnichain DeFi, enabling seamless cross-chain asset transfers. With Stargate, users can transfer native assets across multiple chains with instant guaranteed finality, ensuring transfers submitted on the source chain are completed on the destination without delay.

In addition to cross-chain transfers, Stargate offers users the ability to add liquidity to its unified liquidity pools and earn stablecoin rewards on every transfer made through the protocol. Liquidity providers can further boost their earnings by farming LP tokens to receive STG token rewards.

Whether you're looking to move assets across chains or earn yield through liquidity provision, Stargate provides the tools to navigate the Omnichain DeFi universe.

Gaming

2024 was a significant year for gaming on Mantle Network, with several notable titles joining the ecosystem and driving its growth. Through collaborative efforts with leading web3 gaming teams, Mantle distributed over 5 million $MNT and $13 million worth of gaming assets across various prize pools in partnership with gaming projects throughout the year. Additionally, our collaborative efforts with TON contributed to the remarkable success of Catizen which has surpassed 45 million players, achieved a ~3% paying user conversion rate, and recorded an average revenue per paying user of ~$35. In more recent news, MetaCene — another standout game in Mantle Ecosystem — has fully transitioned from Ranger Chain to Mantle Network. MetaCene aims to capitalize on Mantle Network's scalable infrastructure as they work to further expand their next-gen blockchain MMORPG and achieve success metrics similar to those of other gaming applications on Mantle Network.

Besides Catizen and Metacene, here are some other games users can discover on Mantle Network.

• L3E7 offers a groundbreaking gaming experience by blending immersive Earth-like environments with advanced location-based services. Powered by an advanced rendering engine, L3E7 creates a richly detailed parallel world where players can embark on adventures, engage in battles, and interact with real-world shops to earn in-game and governance tokens. With a diverse roster of over 50 characters and over 10,000 virtual cities to explore, L3E7 bridges the gap between traditional web2 gamers and the next generation of web3 gaming.
• Revolutionizing the MMORPG experience on Mantle, Ember Sword adopts a player-centric approach, allowing gamers to truly own their in-game assets. By leveraging blockchain technology, it creates a player-driven economy where actions can carry real-world value. Designed to promote fairness, Ember Sword ensures a level playing field where no player can gain an advantage through in-game purchases, fostering a balanced and competitive environment. With immersive combat, a dynamic world, and a focus on accessibility, Ember Sword offers a superior web3 gaming experience for both new and veteran players.
• Aria introduces a narrative-driven adventure to Mantle Network, seamlessly blending the immersive storytelling of web2 games with the innovative possibilities of web3 technology. Players embark on a journey filled with quests, exploration, and strategic gameplay, allowing them to level up, trade, and engage with a rich world of characters and events.
• Anime ARPG Meets web3 Spot Zero is an anime-inspired 3D action RPG crafted to bring a fresh perspective to the ARPG genre. Backed by Tarta Games, it combines striking visuals with dynamic gameplay mechanics, offering players an engaging experience within a uniquely designed anime-styled world.
• Next-Gen ARPG Blade of God X brings a high-octane, AAA action RPG experience to Mantle. Developed by Void Labs and part of a globally successful IP series with over 6 million downloads, Blade of God X integrates AI and blockchain technology for a unique gameplay twist.

That wraps up our Mantle Ecosystem exploration. This blog has only scratched the surface of the dApps Mantle Network has to offer. Check out the full range of dApps here. Also, be sure to follow @0xMantle and @0xMantleEco on Twitter/X for the latest updates on Mantle Ecosystem.