🚀 "Mantra (OM) Rebounds to ~$0.28 as Real-Asset Layer-1 Gathers Pace"
🔹 Quick Stats (August 2025)
Price: ~$0.28 (↑ ~2% in 24h)
Market Cap: ~$290 M (circulating ~1.04 B OM; total supply ~1.68 B OM)
Volume (24h): ~$68–76 M
All-Time High / Low: ATH ~$9.05 (Feb 2025), now down ~97%; ATL ~$0.017, now up ~1,533%
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🔧 What Is OM?
OM is the utility and governance token of Mantra Chain, a Cosmos SDK-based Layer-1 blockchain designed for regulatory-compliant tokenization of real-world assets (RWAs)—like real estate, bonds, and securities. It is now the native staking and gas token on Mantra's mainnet, replacing the original ERC-20 version through a token migration.
Key functions of OM include:
Staking & Network Security: Validators and delegators stake OM to secure the PoS network and earn rewards (staking APR ~5.7%).
Transaction Fees & Access: Used for gas and accessing modules like "Guard" for deploying or interacting with dApps.
Governance: OM holders participate in protocol decisions, upgrades, and ecosystem proposals.
RWA Enablement: Supports tokenization and trading frameworks for real-world and regulated assets.
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📈 Highlights
Historic Volatility: OM experienced a catastrophic ~90–92% crash in April 2025—from ~$6.3 to ~$0.5 within hours—highlighting the risks of concentrated token holdings and thin liquidity.
Regulatory Alignment: Mantra Chain holds a VASP license from Dubai’s VARA and integrates CosmWasm + IBC for compliant RWA-focused applications.
Robust Funding & Coverage: Raised over $36M across funding rounds and maintains substantial ecosystem and contributor reserves.
Bridged Tokenomics: Switched from a fixed supply (888M tokens) to an inflationary model (~3% yearly) post-mainnet transition, supported by a Mirror Bucket migration mechanism.
> Disclaimer: For educational use only—not financial advice.
