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Mantle and Bybit: Symbiosis for Growth
Part I: Mantle and Bybit; An Introduction to a Symbiotic Relationship
In 2024, Mantle and Bybit announced a collaboration: this collaboration would be the beginning of introducing enhanced leverage for the MNT token along with specialized over-the-counter (OTC) liquidity options tailored for the discerning needs of major financial players. When the partnership was announced, the cryptocurrency market responded in favour of Mantle’s token. Prices soared and trading volumes rose, this would further reflect a higher confidence in the MNT token and its further capabilities within the financial landscape. Mantle and Bybit came together with the aim of democratizing access to innovative trading capabilities. Together, their educational outreach and campaigns aimed at improving access to financial tools in the blockchain industry have been successful.
November of 2025 saw a new development: Mantle and Bybit teamed up with Backed to to bring tokenized U.S. equities onchain through xStocks, enabling 24/7 access to leading global assets directly within the Mantle ecosystem. Through xStocks, users can gain exposure to tokenized versions of leading equities such as NVDAx, AAPLx, and MSTRx, seamlessly connecting traditional financial assets with the composability of decentralized finance. The collaboration combines Mantle’s scalable blockchain infrastructure, Bybit’s global exchange liquidity, and Backed’s regulated tokenization framework to deliver a fully onchain experience for traditional markets. The arrangement was so that Bybit would provide full support for deposits and withdrawal of xStocks via Mantle, enabling users to move assets between both platforms seamlessly. Mantle’s modular architecture, premium technology stack, and Ethereum-grade security, combined with Bybit’s infrastructure and reach was set to enable tokenized equities to become a foundational building block for the next wave of onchain finance.
Part II: How the Relationship Works
Now let’s talk about how Mantle and Bybit works as a partnership that benefits both parties. Bybit for example, offers extra user benefits for Mantle users who hold the MNT token. Mantle token holders gain access to Bybit’s Launchpad, Megadrop, Rewards Station, and staking rewards. These features are designed to provide additional trading and investment opportunities, enhancing the overall user experience on Bybit. As the Mantle token is being promoted and more users are onboard, MNT in turn attracts more users to the Bybit platform. Bybit’s ongoing expansion into DeFi and its integration with Mantle’s blockchain technology indicate a bright future for both projects. The MNT token’s continued price growth and adoption will likely play a key role in this growth, offering new opportunities for traders and investors looking to capitalize on the evolving crypto landscape.
The partnership is structured to fully integrate the Mantle ecosystem into the Bybit platform and make the MNT token a source of value across both protocols. For example, when a Mantle user uses MNT to pay for trading fees on Bybit, they get trading discounts of up to 10% on derivatives and 25% on spot trading. In addition, holding MNT gives holders a multiplier and allows them to reach higher VIP levels with lower capital requirements. Mantle users have access to the Mantle Vault, which is available on Bybit Onchain Earn. The Mantle Vault provides stablecoins yield strategies with target APRs of 7–12%. Bybit on the other hand provides liquidity for Mantle with over 20 spot trading pairs and support for perpetual futures and option contracts. Bybit also supports the Mantle ecosystem by serving as a distribution layer for projects that are building on Mantle. The platform helps with listing support and providing access to new tokens through platforms like LaunchPool and LaunchPad.
Part III: How Mantle and Bybit Help Each Other Grow
Mantle Network is a forward-thinking Layer 2 solution for Ethereum, integrating innovative technological developments like Mantle DA as powered by EigenDA technology for data availability, thus adopting a modular architecture. Mantle has one of the largest DAOs in the space: its close bond with Bybit is to ensure that high quality projects list on the exchange. One of the major benefits of Mantle’s partnership with Bybit is the support that Bybit provides for tokens launched on Mantle network. It provides a centralized point of access and a place to do things like kickstarter campaigns for project tokens. That type of distribution is something that can attract high quality teams to build exciting new DeFi, gaming, and NFT projects on Mantle. Bybit is also one of the approved centralized exchanges that will be carrying out $BIT to $MNT conversion. Mantle features an attractive ecosystem for builders, both through ecosystem resources such as Bybit’s support as an exchange, and financial backing for ecosystem growth programs.
Bybit is a Dubai based global centralised cryptocurrency exchange platform that enables users to buy, sell, earn and spend digital assets on the blockchain. Bybit boasts of a massive user base of over 80 million users. Bybit as a platform increases user adoption, increases liquidity and offers utility to Mantle holders. For example, Bybit provides spot and derivative market liquidity for MNT, ensuring efficiency in trading and low slippage fees. Bybit offers over 20 MNT spot pairs and multiple perpetual futures contracts (USDT, USDC, USD), making it easy to trade and access Mantle. In addition, the platform allows users to swap any token to MNT at no extra cost. Bybit has a mastercard card available for users: MNT is integrated into this card, making it easy for holders to spend MNT and get up to 10% cashback on their holdings. The best part of this partnership is that Bybit is actively involved in Mantle’s marketing and the platform even hosts MNT exclusive events, rewarding users with MNT for interacting with MNT based apps. Bybit is focused on transforming Mantle from a typical Layer 2 into a core component of its CeFiDeFi ecosystem.
Part IV: How Mantle is Setting Itself Ahead of Competitors
Mantle’s collaboration with ByBit is indicative of one thing: the platform has established itself as a force on the blockchain ecosystem. In 2025, Mantle experienced a surge that made it position itself as a dominant force in the Layer 2 Ecosystem. For instance, MNT hit its latest ATH on September 23, 2025 at $1.88.
There was a 1,400% increase in the number of daily active wallets in one month that year. Mantle became the first Optimism Stack Layer 2 to launch as a ZK Validity Rollup and the largest ZK Rollup chain by total value locked (TVL), surpassing $2 billion in TVL. Mantle stayed ahead of its competitors by providing more value for its users MNT rendered more holding benefits or retail traders as well as institutional clients on Bybit, entailing enhanced leverages and higher capital efficiency for institutional traders, preferential rates for bulk trades with MNT on Bybit OTC, higher “MNT Pass value” than customer asset’s actual dollar value advancing them to the next VIP tier faster, and extra cashback for Bybit Card and Bybit Pay users.
Another reason why Mantle stands out among competitors is Mantle Banking and Fund. The 2025 launch of “Mantle Banking” and a $400M tokenized fund (MI4) provides a hybrid CeDeFi experience that attracts mainstream and professional capital. ByBits support for the MNT token further strengthens Mantle’s “CeDeFi” narrative by bridging centralized exchange efficiency with decentralized finance, potentially driving higher trading volumes and institutional interest. In January of 2026, MNT went live on the Solana blockchain: the token was launched through the Mantle Super Portal. This cross-chain teleportation hub enables instant, secure transfers between Ethereum and Solana, granting access to Solana’s DeFi apps like Byreal and Phantom (NullT). What this means for the Mantle platform is that it expands utility and user base. MNT can capture liquidity and yield opportunities across ecosystems, strengthening its value proposition as an interoperable financial asset by becoming a multi-chain asset. Mantle is staying active on chain by incorporating much needed infrastructure: As of March 2026, Mantle launched an AI developer toolkit (Agent Scaffold), positioning itself ahead in the emerging field of autonomous AI agents executing on-chain transactions. This will make transactions efficient and profitable for users. Throw in Mantle’s affordable costs and you have a winner. It is not surprising that the Mantle ecosystem is growing: Mantle boasts over 180 decentralized applications, covering DeFi, gaming, and NFTs, with over $450M in Total Value Locked (TVL). In the near future, the numbers will be higher and the Bybit collaboration will be a trending topic on the blockchain space.
Part V: Mantle and Bybit: Plans For Acceleration
Mantle and Bybit have something rolling up their sleeves: in their joint roadmap the two protocols highlighted key areas for development. One key area is the RWA sector: the integration of tokenised assets on chain is significant for the growth of both protocols. Little wonder why Bybit and Backed partnered to release xStocks on Mantle, enabling their users to trade tokenised US equities like NVIDIA. The Mantle Vault is a yield generating product on Bybit: so far, it reached over $150 million in AUM as at February of 2026, offering users stablecoin yields of up to 7–12% in APR. The potential for more growth in this quarter is being explored. Mantle is currently transforming from an optimistic Layer 2 solution into a ZK powered L2 using Succint’s SP-1 for greater efficiency and finality. Mantle and Bybit are currently working on implementing strategies that make MNF function as a stable liquidity anchor within the Bybit ecosystem.
In 2025, Mantle decided on an upgrade: Mantle 2.0. Mantle 2.0 was not just a technical upgrade: it was a reimagining of Mantle Network’s purpose as it aimed to become the institutional “liquidity chain” for tokenized real-world assets (RWAs), bridging the gap between decentralized governance and centralized infrastructure. Then the key goals were accelerating DeFi-CeFi convergence by integrating Mantle Network with ByBit, utility beyond governance into payments, trading, staking and savings and creating a hybrid ecosystem that supports both retail and institutional users. The focus is on deep integration of the Mantle token in trading, savings, and payments, along with developing decentralized, institutional-grade “liquidity chain” solutions for real-world assets (RWAs) and upgrading to zero-knowledge (ZK) technology. The 2025 Mantle x Bybit plan focused on integrating MNT into all aspects of the Bybit plan and so far, there has been remarkable progress. Planned developments for MNT include integration into “Mantle Banking” and “PayFi” solutions, as well as providing increased leverage for institutional traders on Bybit. Bybit is expanding its Alpha platform to feature more Mantle-based ecosystem tokens, supporting projects in RWA, DeFi, and social finance. In this year, the focus is on creating a growing ecosystem where MNT is the central asset for trading and decentralised on chain finance.
References
https://cryptorobotics.ai/learn/markets/bybit-mantle-network-institutional-crypto-partnership/
https://tradersunion.com/news/bonuses-and-promotions/show/423424-bybit-launches-mnt-promotion/
https://www.mantle.xyz/blog/community/mantle-token-migration-bybit-ama-recap
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https://www.linkedin.com/pulse/unpacking-its-surge-becomes-stablecoin-bybit-bybitexchange-eqnkc/
www.linkedin.com/pulse/unpacking-its-surge-becomes-stablecoin-bybit-bybitexchange-eqnkc/
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