Mantle's decentralized finance (DeFi) total value locked (TVL) has exceeded $755 million, marking a significant 230% increase over the past six months, according to DeFiLlama data. This rapid growth positions Mantle as one of the fastest-growing networks in the current market cycle.
The surge in Mantle's TVL has allowed it to surpass several major Layer 1 chains, including Avalanche and Sui, in terms of total DeFi locked value. This development highlights Mantle's increasing prominence in the DeFi space as it continues to attract more users and capital.
Mantle DeFi TVL Surpasses $755 Million, Grows 230% in Six Months
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