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Layer 2 · five-year weekly price · BTC-relative

Mantle (MNT) Price Today & Market Cap

Mantle (MNT): price, market cap and how it did against Bitcoin

Bottom line

Mantle (MNT) closed at $0.4795 on 4 November 2026, with a market capitalisation of $1.6B (rank 58) on 5 November 2026. On 30 October 2026 it was below its 200-day average of $0.5471, which is falling. Over 90 days it is 2.9 percentage points behind Bitcoin. Layer 2 as a theme is +22.4% against Bitcoin over 13 weeks.

Price
$0.4795
as of 2026-11-04
Market cap
$1.6B
snapshot 2026-11-05
vs Bitcoin · 90d
−2.9 pts
as of 2026-10-30
30-day median volume
—
as of 2026-10-30
What it is · from the data we hold

What is Mantle (MNT)?

Mantle (MNT) is a crypto token that CoinGecko lists under smart contract platform, layer 2 (L2) and neobank. We place it in the Layer 2 theme, with 45 coins. Its highest daily close since 21 July 2023 was $2.69 on 8 October 2025; its lowest was $0.3211 on 18 October 2023.

01 · the tape, against its benchmark

How has Mantle moved against Bitcoin?

Mantle is -67% over one year, +20.4% over 90 days and -31.8% over 30 days. Annualised 30-day volatility is 59%. Its deepest fall from a high inside the last 90 days is 33%. It trades below its 200-day average, which is falling.

0100200300400Nov 2021Feb 2023May 2024Aug 2025Oct 2026
MNT · rebasedBitcoinLayer 2 · equal weight

All three lines rebased to 100 at the first week each has data. Bitcoin is the opportunity-cost benchmark for crypto risk; the theme line is its equal-weight index of current rated members.

02 · returns, volatility and drawdown

What do Mantle's returns and risk look like?

7 days-9.4%
30 days-32%
90 days+20%
180 days-25%
1 year-67%
30-day volatility59% annualised
Deepest 90-day fall33%
200-day average$0.5471 · below · falling
50-day average$0.5824
03 · what the protocol actually earns

Does Mantle generate fees or revenue?

Mantle publishes 4 of the six network-economics series this site tracks: network fees, total value locked, active addresses, transactions. Network fees over the last four complete quarters is $251.2K. Network activity is evidence about the protocol, not earnings owed to the token. Readings run to the Q3 2026 quarter.

Fees, last 30 days$8.7K
Revenue, last 30 days$8.7K
Fees, last 90 days$28.5K
Revenue, last 90 days$28.5K
Active addresses a day, 30-day average4,172
Transactions, last 30 days1,896,213

Source: DefiLlama, daily figures summed to 2026-10-30. Fees are what users paid; revenue is the part the protocol keeps. Active addresses and transactions are for the Mantle network itself. Fees here are the network fees paid to use Mantle.

Network fees13 of 20 quarters
Last four quarters$251.2K-81%
Total value locked14 of 20 quarters
Latest quarter$1.5B-36%
Active addresses13 of 20 quarters
Latest quarter1,683-97%
Transactions13 of 20 quarters
Last four quarters12,797,195-88%
$0$2M$4M$6MQ4 2021Q1 2023Q2 2024Q2 2025Q3 2026
Network fees
$0$1B$2B$3BQ4 2021Q1 2023Q2 2024Q2 2025Q3 2026
Total value locked
020K40K60K80KQ4 2021Q1 2023Q2 2024Q2 2025Q3 2026
Active addresses
010M20M30M40M50MQ4 2021Q1 2023Q2 2024Q2 2025Q3 2026
Transactions

Complete calendar quarters only. A blank quarter is unavailable, not zero. Network activity is evidence about the protocol, not earnings owed to the token.

04 · exact additive research priority

What does the evidence say about Mantle?

Mantle is not rated this week, so it carries no score and no rank inside Layer 2. The four displayed point contributions add exactly to the total; missing evidence pulls only the affected factor toward neutral and lowers its stated coverage. It ranks research attention within one theme, never portfolio action, and it is not comparable across themes.

Not rated this week, and why

No traded volume is reported on most of the last 30 days, so it has no liquidity reading.

Its price history is still shown above in full. A missing reading is not a middling reading, so no score is invented for it and it takes no rank inside Layer 2.

No valuation section exists on this page, for any coin. There is no company-style P/E or PEG for a token, and historical market capitalisation is not held at all, only a dated current snapshot, so no ten-year valuation band can be built honestly. Where a protocol publishes fees or revenue, the yield against that dated snapshot is shown above instead.

05 · the theme it competes in

How does Mantle compare with other Layer 2 coins?

Mantle is one of 45 Layer 2 coins here, 34 of which carry enough evidence to be rated and ranked. Mantle is not among them this week, for the reason stated above. The table below is the theme's own scorecard, in its own order, with this coin marked.

RankCoinScoreEvidenceReadMarket capvs Bitcoin, 90d (points)
1POL (ex-MATIC) POL77.293%Thinly traded$1.0B+9.2 pts
2Prom PROM66.750%Price-led, little network data$99.7M+168.9 pts
3Merlin Chain MERL66.255%Thinly traded$40.9M+47 pts
4PHALA PHA60.750%Price-led, little network data$33.6M+93.7 pts
5Sophon SOPH60.450%Thinly traded$7.4M+180.2 pts
6Optimism OP58.9100%Mixed$251.2M+22 pts
7Nervos Network CKB58.450%Thinly traded$58.6M+29.6 pts
8Treasure MAGIC58.143%Thinly traded$28.8M+73.9 pts
9Stacks STX56.443%Thinly traded$608.3M+83.2 pts
10MegaETH MEGA55.543%Thinly traded$51.7M+1.7 pts
11Celo CELO55.490%Thinly traded$43.7M−6.2 pts
12Metal DAO MTL55.150%Thinly traded$25.1M+6.6 pts
13Cartesi CTSI52.650%Thinly traded$25.1M+3 pts
14ZKsync ZK49.493%Thinly traded$111.3M+11.2 pts
15Lumia LUMIA48.850%Thinly traded$19.6M−11.4 pts
16Hermez Network HEZ47.850%Thinly traded$35.9M−19 pts
17Saakuru SKR47.112%Thinly traded$43.8K—
18Orderly ORDER45.555%Thinly traded$15.3M+4 pts
19Aztec AZTEC45.050%Price-led, little network data$41.9M−18.1 pts
20Linea LINEA44.9100%Behind most$58.8M−14.6 pts
—Mantle MNT this coin—0%Not rated$1.6B−2.9 pts
Showing 20 of 35 coins

The Layer 2 scorecard in its own order, with this coin marked. Scores are within-theme and are not comparable with coins in another theme. See the full Layer 2 page.

Which crypto lists is Mantle on?

Mantle is on 3 of our crypto lists: Top 100 cryptocurrencies by market cap, Crypto prices today in INR and Altcoins. Every coin we track is in the full ranking on Cryptocurrencies by market cap. List membership comes from CoinGecko's categories and market-cap rank, never from a hand-picked list.

Next to it by size · every coin with a page

Which coins are closest to Mantle in market cap?

Mantle is number 40 by market cap among the 604 coins with a page on this site. The 4 just larger and the 4 just smaller are listed here, each with its theme, so the comparison crosses themes. Market cap is the snapshot dated 2026-11-05.

Just larger

Just smaller

All Layer 2 crypto coins · Every crypto theme · Coins beating Bitcoin

Methodology · boundaries make the answer useful

What can make this page misleading?

This page names 5 ways its own evidence about Mantle can mislead, all listed below. The largest is that crypto network activity is not company earnings: protocol revenue does not automatically accrue to token holders. Price runs through 2026-11-04; market capitalisation is a separate snapshot dated 2026-11-05.

  • Crypto network activity is not company earnings. Protocol revenue does not automatically accrue to token holders.
  • Market capitalisation is a dated snapshot, not a point-in-time historical supply series, so yields computed against it inherit that lag.
  • No valuation band exists for any coin: historical market capitalisation is not held at all.
  • Funding rates, open interest, liquidations, exchange flows, unlock schedules and developer activity are not held and are not inferred.
  • The research score is relative to this coin's own theme only. It is not comparable across themes and is not an entry signal.
Price and technicalsPrice through 2026-11-04; moving averages and returns through 2026-10-30, from exchange closes; moving averages are computed, never scraped.
Protocol activityThrough 2026-10-30, for the series this token publishes.
Market capSnapshot dated 2026-11-05; no historical supply series is implied.
Decision useResearch priority within one theme. Not entry, exit, sizing or leverage instructions.
Questions the page should answer directly

Crypto analysis FAQs

These 9 answers cover the questions this page can settle from data it holds: what the category is, how the score is built, what the coverage gaps are, and what would change the read. Every answer below is also present in the page’s FAQ schema and in its plain-text rendition. None of them is a recommendation.

What is Mantle (MNT)?

Mantle (MNT) is a crypto token that CoinGecko lists under smart contract platform, layer 2 (L2) and neobank. We place it in the Layer 2 theme, with 45 coins. Its highest daily close since 21 July 2023 was $2.69 on 8 October 2025; its lowest was $0.3211 on 18 October 2023.

What is the market cap of Mantle?

Mantle's market capitalisation is $1.6B, ranking it 58 in the top-1,000 crypto universe, read on 5 November 2026. It is refreshed separately from the daily price.

Is Mantle beating Bitcoin?

Over 90 days Mantle is 2.9 percentage points behind Bitcoin: its own return minus Bitcoin's. Its theme, Layer 2, is +22.4% against Bitcoin over 13 weeks. Mantle trades below its 200-day average as of 4 November 2026.

What is Mantle's highest price?

The highest daily close we hold for Mantle is $2.69, on 8 October 2025, in records from 21 July 2023. The lowest is $0.3211, on 18 October 2023. The close on 4 November 2026, $0.4795, is 82% below that high.

Does Mantle have a P/E ratio?

No. There is no company-style P/E or PEG for a crypto token, and no valuation band is shown on this page because the data to build one honestly does not exist: historical market capitalisation is not held, only a current snapshot. Where a protocol publishes fees or revenue, this page shows the yield against that dated snapshot instead.

Why is Mantle not rated?

No traded volume is reported on most of the last 30 days, so it has no liquidity reading. It stays on the site with its price history visible, because a missing reading is not a middling reading and a made-up score would be worse than none.

How much Mantle history does this page show?

Five years of weekly closes where they exist, plus 20 complete calendar quarters of on-chain activity for the metrics Mantle actually publishes. Here that is network fees, total value locked, active addresses, transactions.

How much did Mantle earn in the last 30 days?

In the 30 days to 30 October 2026, DefiLlama shows $8.7K of fees and $8.7K of protocol revenue for Mantle. Over 90 days: $28.5K of fees and $28.5K of revenue. Fees are what users paid; revenue is the part the protocol keeps.

Does Mantle generate network fees?

Mantle's trailing twelve-month network fees is $251.2K, down 81.3% on the year-earlier period. Network activity is not token-holder earnings: whether it accrues to the token depends on the protocol's own burn, buyback and distribution rules.

Not SEBI Registered !! Not Investment advice !!

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