Lark Davis
Lark Davis|Jun 02, 2025 05:20
TLDR MANTLE IS KILLING IT! Mantle led L2s in Q1 2025, despite a 36.6% drop in market cap to 2.7B — outperforming ETH’s 46% decline. 🔥 Ecosystem incentives kept activity alive: Mantle Rewards Station Methamorphosis S3 (mETH) EcoGalaxy: Mantle Surge Yap leaderboard by Kaito 💰 DeFi core protocols: mETH: 709.7M TVL Function (FBTC): 1.2B TVL 👀 First L2 to fully integrate Eigen DA15 MB/s throughput 335M+ in restaked mETH securing the network
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