As the first quarter of 2025 comes to a close, we’re rounding up the latest DeFi developments on Mantle Network. From new campaigns to recent integrations, here’s what you need to know to stay ahead.

Mantle Rewards Station: New Ways to Earn

To keep the momentum going on Mantle Rewards Station and reward $MNT holders, two new reward pools launched in March. Here’s what you need to know about both campaigns:

(1) Rewards Station With WOOFi

Event Period:

• Start Date: March 18, 2025, 10AM UTC
• End Date: April 1, 2025, 10AM UTC
• Tickets Revealed: April 3, 2025, 10AM UTC

Prize Pool:

• 800,000 $WOO tokens.

(2) Unlock Demex Points on Rewards Station

Event Period:

• Start Date: March 28, 2025, 10AM UTC
• End Date: April 18, 2025, 10AM UTC
• Tickets Revealed: April 28, 2025, 10AM UTC

Prize Pool:

• 30M Demex Points

Earn Powder with Season 3 Methamorphosis

Season 3: Methamorphosis is officially underway, kicking off on March 26, 2025, and running for 180 days until September 22, 2025. This season continues to place a strong focus on $cmETH holdings, giving users the chance to earn Powder by depositing and interacting with some of your favorite Mantle Network dApps, including Merchant Moe, AGNI, Lendle, WOOFi, Treehouse, INIT Capital, Pendle, and more.

For more information on Season 3: Methamorphosis check out mETH Protocols blog here.

INFINIT Terminal: Automating DeFi with AI

INFINIT Terminal is now live on Mantle Network, bringing DeFAI to the ecosystem. Users can interact with DeFi agents, executing transactions seamlessly through text-based commands, making DeFi opportunities within Mantle Network more accessible than ever.

Right now, the INIT Agent is live, giving users the ability to lend, borrow, and check real-time APRs on INIT. There’s more on the way too, with future updates set to bring additional DeFi agents and new features. As an extra bonus, users who get involved now can start earning INFINIT Stones during Epoch 4, and even pick up some extra rewards through the referral program.

$cmETH Fixed Yield Vault: Earn Stable Returns

For those looking for a more hands-off yield strategy, the new $cmETH Fixed Yield Vault offers users a fixed 2% yield on top of the underlying Ethereum staking rewards (~3% APY). The vault will run until Aug. 19, 2025, with rewards distributed in $wETH on a linear basis. Users can claim accumulated rewards at any time, as long as the amount is greater than zero.

How to Get Started:

• Acquire $cmETH via mETH Protocol staking interface or supported DEXs like Merchant Moe, Agni, and Cleopatra, as well as CEXs like Bybit.

Alternatively, users can take advantage of Mantle Network’s recent integration with Bungee, unlocking seamless chain-abstracted swaps. From March 24 to April 7, 2025, users who swap any asset into $mETH or $cmETH on Mantle Network can earn from a $30,000 $MNT reward pool, including fee rebates and raffle rewards — giving you another way to get your hands on some $cmETH.

• Visit the vault page, connect your wallet, and start depositing.
• Keep in mind that withdrawals take 24 hours to process, and you'll need $MNT for gas on Mantle Network.

Omega Expands with New $cmETH Collateral Vaults

Omega has expanded its collateral vault offerings on Mantle Network with two new vaults focused on $cmETH adoption. These vaults allow users to deposit $cmETH and borrow up to 6x leverage from available liquidity pools, deploying the borrowed funds into Omega’s PT cmETH and LP cmETH vaults. This setup enables users to gain exposure to Pendle PT and LP ahead of the June 25th expiry.

Visit Omega to get started.

Keep Exploring: More DeFi Opportunities on Mantle

In addition to the above, we previously highlighted a range of DeFi opportunities live on Mantle Network in our Dive Into DeFi on Mantle Network: Your Guide to Rewards blog. In case you missed it, here’s a quick recap of the ones that are still active:

• Auto-Compounding LP and Lending Vaults on Circuit Protocol.
• Looping Stategies on native money markets such as INIT Capital, Lendle, and Minterest.
• Thetanuts Finance Option Vaults.

That's a wrap. As always, be sure to follow @Mantle_official on X/Twitter and turn on notifications so you don’t miss a thing. Plus, why not become a member of the Mantle community by joining our official Discord?