MANTA Q4 2024 Financial Report
Manta Network is the largest modular L2 scaling solution on Ethereum. It offers unparalleled throughput and resiliency to power over 200 applications live on the network. Combined with a suite of tools to quickly build and deploy applications, Manta Network provides the best-in-class environment for decentralized applications focused on scaling to a global userbase.
Revenue and User Statistics 2025-02-18
$MANTA Token Metrics as of 2025-03-05
Performance Highlights:Manta partnered with Babylon & Symbiotic to enable double-layer fast finality, reducing the OP Stack L2’s challenge period. Once fully deployed, users will be able to contribute to network security by restaking MANTA, marking the first restaking implementation for fast finality on any OP Stack deployment. By incorporating Bitcoin staking, Manta aims to strengthen its security model, tap into Bitcoin’s liquidity, and provide faster finality for transactions.Manta Pacific’s average daily active addresses increased by 45.7% QoQ to 89,600. This represents an 802.1% YoY increase, marking the highest user engagement Manta Pacific has ever achieved.GameFi transactions continued to dominate Manta Pacific’s network activity, accounting for 84.4% of all transactions in Q4. World of Dypians, Elfin Games, and 0xAstra each surpassed 1.1 million transactions during the quarter.Manta Pacific’s DeFi TVL increased by 35.5% QoQ to $64.9 million. In Q4 2024, Cytonic, a new L1 blockchain, launched an airdrop campaign application on Manta Pacific, attracting $27.2 million in TVL by the end of the quarter. Manta Network’s CeDeFi offering ended Q4 2024 with $124.0 million in TVL. Throughout the quarter, Manta CeDeFi integrated with Fuel Network, added support for additional assets, and distributed over $2.2 million in profits to users through CeFi and DeFi strategies.
Future Outlook:
Launch the mainnet of the double-layer fast finality functionality to reduce the OP Stack L2’s challenge period. Begin utilizing $MANTA and $BTC as restaking tokens to enable fast finality.Increase TVL, transactions, and daily active users by 30%. Manta Network will continue expanding its ecosystem through new partnerships and initiatives.Generate higher profits from the CeDeFi product by providing users with a wider variety of stable and secure yield opportunities.