As the curtains close on 2024, Manta Pacific celebrates an extraordinary year of innovation, growth, and achievements that have cemented its position as a leader in the Ethereum Layer 2 (L2) ecosystem. Here’s a look back at some of the key milestones that have shaped our journey this year.
Leading the Modular Revolution
This year, Manta Pacific made history as the first Ethereum L2 to integrate Celestia’s Modular Data Availability (DA) on mainnet. This transition has not only set a new benchmark for modular data solutions in the Ethereum ecosystem but has also enabled unparalleled scalability and efficiency for our users.
Record-Breaking Achievements
Top 3 OP Rollups:
In just a year, Manta Pacific has consistently ranked among the top 3 Optimistic Rollups, as recognized by L2Beat.$2.4B TVL Peak:
During Q1 2024, Manta Pacific reached an all-time high of $2.4 billion in Total Value Locked (TVL), a testament to the trust placed in our platform.$10M+ in Gas Savings:
By leveraging Celestia’s modular framework, we’ve saved our users over $10 million in gas fees.60M+ Transactions:
With over 1 million daily transactions, Manta Pacific has processed more than 60 million transactions this year alone.250+ dApps Deployed:
Our ecosystem continues to thrive with over 250 projects spanning DeFi, AI, and beyond.
Driving Ecosystem Growth
$50M EcoFund:
To foster innovation and support the growing ecosystem, the Manta Foundation launched a $50 million EcoFund. This initiative has empowered builders and provided direct investments and grants to projects building on Manta Pacific.wUSDM:
Bridging traditional finance and blockchain, Manta Pacific introduced wUSDM, a yield-bearing stablecoin backed by BlackRock’s BUIDL Fund.
Community-Centric Initiatives
Gas Gainers Program:
In a first for Web3, Manta Pacific introduced a profit-sharing model, distributing 50% of gas profits by converting them into $MANTA for the top contributors. Additionally, 10 million $MANTA tokens (1% of total supply) were allocated as rewards for active users over four years.MEMEta Szn:
This summer, Manta Pacific brought Ethereum and Solana communities together in a unique and fun way through a partnership with BONK.
Expanding the Global Community
From local meetups in Vietnam, Japan, Russia, India, and Indonesia to participating in major global events like EthCC Brussels, Token2049, and ETHKL, the Manta Pacific team connected with its passionate community worldwide. These interactions have been a driving force behind our continued success.
What’s Next for 2025?
As we look ahead to 2025, Manta Pacific remains steadfast in its mission to push boundaries, empower developers, and deliver exceptional value to our users. With your continued support, we’re ready to make the upcoming year even more groundbreaking.
