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Mantle Records $99 Million in October DEX Trading, Up 34%

Total value locked (TVL) across Mantle’s Ethereum layer-2 protocol was $112 million, up 18%. The network’s circulating tokenized-stock supply grew 40% over six months.

Updated 1 min read
Commuters cross Raffles Place in Singapore’s financial district during a rainy evening. / EconoTimes.ai
Commuters cross Raffles Place in Singapore’s financial district during a rainy evening. / EconoTimes.ai

Mantle had $99 million in decentralized-exchange trading volume in October, up 34%. Total value locked across its Ethereum layer-2 protocol was $112 million, up 18%. The figures describe trading activity and assets held in the network’s decentralized finance ecosystem.

The network’s circulating supply of tokenized stocks increased 40% over six months. A dashboard for real-world assets also provides real-time price and liquidity information for tokenized assets.

Decentralized exchange volume adds up trades over a period. TVL measures the value of assets held in DeFi at a given time. EconoTimes has explained why DeFi rankings by TVL can diverge without net deposit changes.

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