Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced the launch of its MNT Recurring Buy campaign, offering participants a share of up to 55,000 USDT in rewards. Exclusive on Bybit, the event enables users to automate their Mantle (MNT) allocation through Dollar-Cost Averaging (DCA) strategies while earning substantial cashback and prize pool rewards.
From now until March 23, 2026, new DCA users on Bybit and all DCA bot users may unlock rewards from the two-part event celebrating MNT’s momentous journey. Registration is required.
Mantle’s Institutional Momentum
MNT has demonstrated significant ecosystem maturation and institutional adoption. According to Messari’s Q4 2025 State of Mantle report, the Layer 2 network achieved a 37.3% quarter-over-quarter increase in DeFi Total Value Locked (TVL), rising from $242.3 million to $332.7 million. This growth was primarily driven by the deployment of Mantle’s $4.2 billion community-owned treasury into institutional products, particularly the Mantle Index Four (MI4), which delivered a 27.9% year-to-date return.
Mantle has evolved into an institutional distribution layer, coordinating capital, liquidity, and infrastructure across centralized and decentralized finance. The network completed a strategic mainnet upgrade to become the world’s largest ZK rollup by TVL, leveraging OP-Succinct technology for enhanced security and faster finality. Key partnerships with EigenLayer, Aave V3, and leading Real-World Asset (RWA) protocols position Mantle at the intersection of traditional finance and on-chain innovation.
Despite broader market headwinds, the protocol’s fundamentals remain robust. Institutional holdings grew 128% month-over-month in November 2025, while Bybit Mantle Vault’s AUM (Assets Under Management) saw nearly 30x growth from $5.63M at launch in late December 2025 to over $150M in February 2026.
MNT now functions as a core asset within Bybit’s platform, used for trading fees, VIP programs, and access to institutional products. This structural integration has established what industry observers call a “CeDeFi liquidity flywheel,” where centralized exchange liquidity flows seamlessly into on-chain yield strategies, stablecoin settlement, and RWA tokenization products across the Mantle ecosystem.
Terms and conditions apply. For eligibility requirements and other participation rules, users may visit: Auto-trade MNT with Recurring Buy and share a 55,000 USDT prize pool
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
