MNT

I just looked at a set of data. As the L2 MNT of the Bybit ecosystem, it has performed the best in the past year, with an increase of about 70%. Under the same time dimension, $ARB , $OP , ZK, STRK, SROLL, MODE, and TAIKO performed poorly, and basically had a large retracement. In terms of token liquidity, $MNT is also the best performer, with 49% of the tokens allocated to Mantle Treasury.

Looking back at last year's data, after the launch of mETHProtocol in Q1 2024, the 6% APY generated by staking ETH drove the growth of high TVL. In nearly a year, it reached a TVL of $1.8 billion. At the same time, through the Mantle Rewards Station event in July, staking MNT could get COOK, which gave rise to the continued development of mETH. Subsequent activities have allowed Ignition to reach a TVL of $1.2 billion in a short period of time since its launch in July. Currently, FBTC has provided support for multiple ecosystems such as Babylon, Solv Protocol, and PumpBTC.