Explore some of Mantle Network's latest DeFi opportunities and start earning yield and additional ecosystem rewards.

With over 250 decentralized applications (dApps) already integrated on Mantle Network Mainnet, the opportunities are plentiful. Here are some opportunities you can get involved with right now.

Auto-Compounding LP and Lending Vaults on Circuit Protocol

Take advantage of Circuit Protocol's non-custodial auto-compounding vaults, which effortlessly maximize your yield by automatically reinvesting earnings through a process called leveraged lending — meaning they handle all the hassle for you!

Step 1

• Start by visiting Circuit Protocol, connect your wallet, navigate to the "Vault" tab, and select your desired vault.

Step 2

• After selecting your preferred vault, simply enter the amount you'd like to deposit, then confirm the transaction and pay the associated fees.

Please note that all transaction fees mentioned in this blog are paid in $MNT, so make sure you have enough $MNT in your wallet. For more information on how to get $MNT, click here.

And that's it! Sit back and let Circuit Protocol handle the rest while you accumulate yield.

$cmETH Looping Strategies

Mantle Network native money markets, including INIT Capital, Lendle, and Minterest, allow users to explore $cmETH looping strategies to enhance yield and maximize Powder rewards.

Here's an example of how it works using Lendle:

1. Deposit cmETH: Start by depositing $cmETH as collateral into a supported money market.

2. Borrow Assets: Borrow a stable asset, such as $USDT, against your cmETH collateral.

3. Redeploy Borrowed Assets: Use the borrowed $USDT to purchase more $cmETH, which is then redeposited into the money market to increase your $cmETH collateral.

4. Repeat the Loop: This process can be repeated multiple times to enhance your position and increase your exposure.

INIT Hooks

For those who prefer a more hands-off approach, INIT Hooks offers a more seamless way to participate in looping strategies. By navigating to INIT’s Hooks tab, users can explore a variety of Hook strategies, along with the potential rewards they can accrue by utilizing them. As one of Mantle Network's most prominent money markets, INIT currently offers looping hooks that distribute Powder, Sparks, and Ethena Sats. To boost your Powder rewards, users can choose from any of the three $cmETH Looping Hooks currently available.

Once you’ve chosen your Hook, simply enter the amount you wish to deposit, select your preferred leverage level, approve the relevant transactions, and pay the associated gas fees.

Disclaimer: Looping strategies involve an element of risk, including the potential for liquidation if market conditions change. Please ensure you understand the risks associated with looping and manage your risk accordingly.

Omega Strategy Vaults

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 to earn yield and accumulate Mantle Ecosystem rewards, including Powder, Sparks, and Ethena Sats.

Step 1

• Deposit into Omega's Collateral Vaults.

Step 2

• Navigate to the "Borrow" tab and select the vault you wish to deposit into.
• Select your leverage level by entering the amount you want to deposit. Remember, you can borrow up to 6x leverage to make the most of your strategy.
• Confirm the relevant transactions and pay the associated gas fees.

Strategic Yield Options with Pendle’s $cmETH Vault

Pendle’s $cmETH Vault gives users the ultimate freedom to utilize $cmETH in a way that best suits their strategy. Here’s what users can choose to do:

1. LP cmETH: Zap in $cmETH to Pendle’s $cmETH Pool to accrue yield, $PENDLE incentives, and swap fees. In exchange for providing liquidity, users will receive LP cmETH and YT cmETH.
2. YT cmETH: Swapping into YT can be viewed as "longing the yield" of an asset, making it an appealing choice for those with a higher risk tolerance. Opting for YT MNT allows holders to leverage their Powder exposure while speculating on potential future yields.
3. PT cmETH: For those focused purely on yield, PT cmETH offers the option to forego $cmETH yields and points in exchange for fixed returns.

To get started, visit the platform, select your preferred route, enter the amount of $cmETH you’d like to deposit or swap, pay the associated fees, and you’re all set.

Discover Thetanuts Finance Option Vaults

Go nuts and generate yield from option premiums while enjoying additional rewards on select vaults on Thetanuts Finance.

Step 1

• Choose your preferred vault available on Mantle Network and click "Queue Deposit."

Step 2

• Enter the amount you wish to deposit, approve the relevant transactions, and pay the associated fees to complete the process.

Once completed, you'll begin earning APY, and if you select an incentivized vault, you will receive additional rewards. Users can withdraw their funds at any time.

That wraps up this guide, but remember — these opportunities are just scratching the surface of what's available on Mantle Network. Explore the full list of Mantle dApps here.