Post #2271

Mantle’s TVL jumped from ~$135M to ~$682M, with Aave deployment and an 8M MNT incentive program acting as the main catalyst. The interesting part is not the spike, but the follow-through, demand was strong enough that supply caps had to be raised multiple times. This is a real attempt to convert CEX users into DeFi liquidity via Bybit’s distribution. If even part of this capital sticks post-incentives, Mantle becomes a working model for exchange-driven on-chain growth.