Mantra is a low liquidity shit coin with no real use case. The liquidity in wETH in the LP is lower than most memecoins, honestly - check for yourself. The CEO did an interview and admitting to selling OTC orders and pumping his token price bc the liquidity was so low.
The idea is for RWAs, however, there is only a DEX and a coin, no RWAs yet. It's was designed as a pump & dump, and the fat lady is singing.