| Unlock | 5/10 |
| Tokenomics | 6/10 |
| Insider | 6/10 |
| Onchain | 3/10 |
| Dev Activity | 1/10 |
| Revenue | 1/10 |
| Institutional | 6/10 |
| Etf | 3/10 |
| Market Structure | 5/10 |
| Security | 7/10 |
Mantle continues to run one of the largest L2 treasuries in crypto, holding roughly $4.2-4.5B in assets built from ETH staking yields and diversified DeFi allocations rather than pure token reserves. mETH, Mantle's liquid staking derivative, has grown toward the $850M-$900M TVL range as more DeFi protocols on Mantle and other chains accept it as collateral. Ecosystem-wide TVL is holding near $3.5-3.8B, supported by native lending markets and stablecoin protocols that launched through 2025-2026. Sequencer fee revenue remains around $45M annualized, but MNT's direct token value capture from this treasury and fee flow is still limited, a recurring investor criticism. The chain's growth story remains closely tied to Bybit-affiliated liquidity and users, which is both a strength (guaranteed deal flow) and a concentration risk if that relationship changes.