Mantle Super Portal Launches, Bridging MNT to Solana for Enhanced CeDeFi Access

2 hour ago 5 sources positive

Key takeaways:

  • MNT's Solana expansion targets DeFi yield seekers, potentially increasing its utility beyond a simple governance token.
  • The 96,000 MNT incentive program aims to bootstrap liquidity but may face competition from established Solana pools.
  • Watch for MNT's price correlation with Solana's DeFi activity as it becomes a cross-chain capital conduit.

Bybit, the Mantle ecosystem, and Byreal have announced the launch of the Mantle Super Portal, a native cross-chain infrastructure designed to expand the utility and accessibility of the $MNT token. The key development is the extension of $MNT onto the Solana blockchain, enabling seamless capital movement between Ethereum, Solana, and centralized exchange (CeFi) platforms.

The Mantle Super Portal serves as a unified interface that allows users to bridge $MNT directly from Ethereum to Solana. Once on Solana, users can deploy liquidity into Solana-native DeFi markets via Byreal, a decentralized exchange incubated by Bybit. Liquidity providers depositing $MNT into the MNT-USDC pool on Byreal can earn a share of 96,000 $MNT in incentives distributed over the next three months.

In parallel, Bybit's platform, Bybit Alpha, will support $MNT trading and incentive programs with full Solana deposit and withdrawal functionality enabled through the portal. This integration aims to create a "continuous capital flywheel," allowing users to move between on-chain DeFi yield on Byreal and trading incentives on Bybit within a connected loop.

According to Emily Bao, Founder of Byreal and Head of Spot at Bybit, "Byreal provides a natural home for cross-chain assets like $MNT. With $MNT live on Solana, users can access competitive on-chain yield while contributing to deeper, more efficient liquidity across ecosystems." Ramzy Ali, DeFi Growth Lead at the Solana Foundation, highlighted that the integration allows users to leverage Solana's ecosystem designed for "speed, liquidity, and global participation."

The launch is positioned as a major milestone in Mantle's multichain distribution strategy, aiming to position $MNT as a cross-ecosystem asset that connects Ethereum Layer 2 liquidity, Solana DeFi, and centralized exchange infrastructure. The move is part of Mantle's broader mission to act as a leading distribution layer bridging traditional finance, real-world assets (RWA), and on-chain markets.

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