Mantle MNT

What MNT actually is on-chain

Mantle is an ERC-20 deployed on Ethereum, at contract address 0x3c3a81e81dc49a522a592e7622a7e711c06bf354. That address, not the ticker MNT, is what uniquely identifies this asset: anyone can deploy a second token calling itself MNT, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, MNT is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in MNT itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

For MNT the project publishes a whitepaper, a public source repository and an active account as @Mantle_Official. Both a written specification and readable code exist, which is a materially higher bar than most assets in this size range clear. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where MNT sits in the market

At #43, Mantle sits in the middle of the large-cap band. This is the part of the table capital rotates through first: when the leaders stall, money moves down into names like MNT, and when risk comes off it leaves here before it leaves the top ten. Spot spreads stay tight through both legs of that cycle; derivative funding does not, and perp basis is usually the earlier signal.

CryptoPingAi is currently streaming 4 live MNT order books (Gate.io, HTX, Upbit, Bithumb). That is thinner coverage than a #43 ranking would normally imply — a move on one of these books is close to the whole market for MNT, with no deep second venue to arbitrage it back. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

MNT against its all-time high

MNT is 83.1% off its $2.86 high (on 2025-10-09). At this depth the arithmetic turns against a recovery narrative: getting back to the record takes 5.93x, not a rebound. The high is better read as the marker of a completed cycle than as a target — most of the holders above spot are underwater by enough that their behaviour on the way up is supply, not demand. That high was set about a year ago, recently enough that it still anchors how most current holders frame the asset.

MNT across its historical range

The recorded range is comparatively narrow: 9.29x between $0.3080 and $2.86. Either the price history is short, or the asset is designed not to move.

MNT is within 56.7% of its all-time low of $0.3080, printed on 2023-10-18. This is the part of a chart with no history: there is no prior trading below this level, so there is no support to reference, no volume shelf and no cost-basis cluster to lean on. The low is old enough that it has held as a floor across multiple market regimes, which is a materially different situation from a low being freshly printed.

MNT supply structure

MNT is capped at 6.22 billion MNT, of which only 3.30 billion is circulating — 53.1% issued, leaving 2.92 billion still to come. At that ratio the emission schedule is a primary driver of the supply story, not a footnote: new supply arrives continuously and has to be absorbed by new demand before price can hold a level.

What kind of asset MNT is

Mantle is a layer-2 or scaling asset, which means its economics are downstream of a base chain. Fee revenue depends on how much activity migrates to it, and the competitive set is crowded — several rollups compete for the same transactions with near-identical technical claims. Sequencer decentralisation and the fee split with the settlement layer are the structural questions.

CoinGecko files MNT under 10 categories, including Ethereum Ecosystem, Layer 2 (L2), Mantle Ecosystem, DWF Labs Portfolio, DragonFly Capital Portfolio. CoinGecko also records deployments on Ethereum (3,072 tracked tokens), so its on-chain liquidity and its user base move with that network. Worth flagging from the metadata: MNT is listed in the DWF Labs portfolio, and is a constituent of the GMCI 30 Index.

How to set a Mantle alert that is worth receiving

Mantle is the ERC-20 at 0x3c3a…f354 on Ethereum — quoted on 4 venues we stream — high dated 2025-10-09 — rank #43. On this profile the condition that carries signal is a single downside threshold sized to your risk tolerance plus a volume alert.

Full alert-design method: thresholds, RSI/MACD and volume conditions →