Ethereum Layer 2 network Mantle has achieved a significant milestone with its total value locked (TVL) in decentralized finance (DeFi) surpassing $1 billion for the first time. Concurrently, Mantle's stablecoin market cap has reached $980 million, marking all-time highs for both metrics. This growth is driven by increased protocols, integrations, and capital flows within the Mantle ecosystem. Notably, the total size of the Mantle on Aave lending market has exceeded $1.25 billion, and USDT deposits on Mantle have surpassed $600 million.