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We're excited to unveil our latest partnership with Mantle Network, to deliver unparalleled insights into the Mantle Ecosystem, equipping developers, builders, and users with the data-driven edge they need to excel.
"Our mission at Nansen has always been to surface the signal and create winners. This partnership empowers crypto teams, investors and the Mantle community with a deeper understanding of their ecosystem. This will set Mantle up as a winning chain in the years to come.” - Alex Svanevik, CEO of Nansen
Mantle: Supercharging the Adoption of Token-Governed Technologies
Mantle Network is a fast growing and emerging Layer-2 solution built on top of Ethereum. Mantle aims to grow and scale the adoption of crypto by empowering dApps with exceptional UX to be built seamlessly while leveraging Ethereum's unrivaled security.
“We have admired Nansen’s work for a long time, and it’s a great pleasure for us to team up with Nansen to give Mantle watchers and users the best on-chain intelligence on the market, so everyone can derive the greatest insights and benefits from Mantle’s powerful offerings the same way ‘smart money’ does.” - Igneus Terrenus, Public Liaison of Mantle
A Look Into Mantle’s Activity
Over the last 6 months, we’ve observed both daily active addresses and transactions gradually trending upwards. Daily active addresses have grown from approximately 3,000 in August 2023 to an average range of 20,000 to 30,000 in February 2024. Similarly, daily transactions have increased from about 120,000 to approximately 250,000 in February 2024.
Of the different dApps and contracts on Mantle, we see DeFi protocols dominating in terms of the number of transactions.
Since launching in July, we’ve seen almost $800M bridged over to Mantle from Ethereum, with bridging activity accelerating in the last month.
The integration will occur in stages. Along with this announcement, the Mantle Macro Dashboard is now live, containing key insights on activity and performance of the Mantle ecosystem. In the coming weeks, Mantle will be further integrated onto Nansen’s suite of products such as Nansen Query and the Nansen app.
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