Mantle is joining forces with Butter.xyz, a transparent and secure decentralized exchange tailored for degens and focuses on delivering trend-driven opportunities, to introduce diverse and unique trading offerings to Mantle Ecosystem. In its mission to redefine the traditional crypto trading experience, Butter.xyz ensures that its traders are at the forefront of the race to capture and leverage market trends to its fullest potential.

Emerging Exchange Specializing in Spot Swaps & NFT Perpetuals

Offering timed perpetual markets for trending coins and popular NFTs, Butter.xyz is set to open the gateways to a unique trading experience that leverages short-term and high volatility trading opportunities. As a part of the collaboration with Mantle, Butter.xyz is now introducing its swap platform.

Synergistic Benefits

With the integration of Mantle’s architecture, Butter.xyz is empowered to offer lower transaction costs and improved transaction speeds for its users. Both Butter.xyz and Mantle communities are also set to explore greater trading options especially for NFT enthusiasts. Moreover, Mantle will also contribute significantly by providing both knowledge and resources required to facilitate the debut of Butter.xyz’s native token, $BUTTER.

Treasury Subscription & EcoFund Support

This alliance is marked by Mantle's investment into Butter.xyz’s seed round through Mantle EcoFund, culminating in a total seed funding of $4.6 million.

As part of the Mantle Governance MIP-26 proposal ratified on Sept. 12, Mantle will be providing Butter.xyz with up to $10M USD stablecoin, 5,000 ETH and 20M $MNT in liquidity, as well as some infrastructure support. This engagement reflects Mantle's strategy to utilize a portion of its Treasury assets to enhance the functionality and user experience of applications within its network.

“I'm thrilled to announce Butter.xyz's partnership with Mantle. It's a fantastic opportunity for us to grow with a strong layer-2 network and enhance our swap's efficiency by utilizing Mantle’s robust infrastructure. Equally so, it's an opportunity to expose Mantle's strengths to our vibrant community. I see boundless potential in where this partnership can take the both of us,” said @butterbagel_, CEO at Butter.

“Liquidity is the bread and butter of the crypto economy. We are delighted to work with Butter to generate more opportunities for high-risk, high-reward assets, and deliver greater benefits to users,” added Jordi Alexander, Mantle’s Chief Alchemist.