Mantle DEX Volume Surges 34% to $99M in October
Mantle's decentralized exchange volume reached $99 million in October, indicating strong growth in its ecosystem.
Mantle's decentralized exchange volume reached $99 million in October, indicating strong growth in its ecosystem. Mantle (MNT) is trading at $0.4751, down 0.2% since this brief published. This is an original TLT brief based on reporting by Coinfomania, with live market data added, as of Sun, 01 Nov 2026 10:15:03 UTC.
The 34% increase in DEX volume highlights growing adoption and liquidity within the Mantle ecosystem, contributing to its total value locked (TVL) expansion and positioning it as a competitive layer-2 solution in the DeFi space.
- Mantle DEX volume rose 34% to $99M in October.
- Mantle's TVL stands at $159.44M, up 4.2% in the past week.
- MNT token price remains stable despite broader market fluctuations.
Mantle, a layer-2 solution for 
Ethereum, has reported a significant increase in its decentralized exchange (DEX) volume for October, reaching $99 million. This marks a 34% rise from the previous month, indicating robust growth in trading activity and user engagement.
The platform's total value locked (TVL) has also seen a positive trend, currently standing at $159.44 million according to DeFiLlama, with a 4.2% increase over the past week. This growth in TVL further supports the notion of expanding ecosystem activity and investor confidence.
Despite the broader cryptocurrency market showing signs of recovery, with the total market cap at $2.69 trillion and 
Bitcoin up 1.10% in the last 24 hours, Mantle's native token (MNT) has remained relatively stable. MNT is currently priced at $0.475982, with a slight 0.13% increase over the day but a 7.18% decrease over the week.
The Fear & Greed Index remains at 34, indicating a market sentiment of 'Fear', suggesting that while there is some optimism, caution persists among investors. This context underscores the significance of Mantle's growth amidst a cautious market environment.
Looking ahead, the key factors to watch include Mantle's ability to sustain its growth trajectory and further expand its ecosystem. The platform's performance will be closely monitored as it competes with other layer-2 solutions in the DeFi space.
Since this brief published about 2 hours ago, Mantle (MNT) has moved from $0.476 to $0.4751 — -0.19%.
The chart plots MNT's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 MNT ≈ ₦653.72 (about $0.4751), down 0.2% over 24 hours. The naira itself trades about 2.3% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 1, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Mantle DEX Volume Surges 34% to $99M in October — questions & answers
What is Mantle's current TVL?
Mantle's TVL is $159.44 million, up 4.2% in the past week.
How much did Mantle DEX volume increase in October?
Mantle DEX volume increased by 34% to $99 million in October.
What is the current price of the Mantle (MNT) token?
The Mantle (MNT) token is priced at $0.475982, with a 24-hour increase of 0.13%.
How much is 1 Mantle worth in naira today?
About ₦653.72 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.4751. The naira price moves with both MNT's US-dollar price and the USDT/NGN rate; use our Mantle in naira page for any amount.
Has Mantle's price moved since this brief was published?
MNT is down 0.19% since this brief first published — trading at $0.4751 now versus $0.476 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Coinfomania. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.