#MantaCeDeFi Update – May 7, 2025
Manta CeDeFi, a hybrid platform blending centralized (CeFi) and decentralized (DeFi) finance, is currently offering an 8% annualized yield on Bitcoin (BTC). As of May 7, the platform holds a Total Value Locked (TVL) of $121.9 million across Ethereum, BNB Chain, and Manta Pacific.
The platform supports major assets like USDT, USDC, WBTC, ETH, and STONE, utilizing CeFi arbitrage strategies alongside DeFi yield farming on Manta Pacific. Users also benefit from additional $MANTA token incentives, as detailed in a Medium post from November 2024.
This growth mirrors the broader rise of Manta Network, whose overall TVL hit $415 million by January 2024, surpassing Base and placing it 10th among blockchain networks, according to DefiLlama data shared by ChainCatcher.