In a rapid escalation of liquidity and market participation, Mantle and Aave said their combined mainnet deployment has surpassed $800 million in total market size following a record opening of $575 million earlier in the week. The platform pair achieved the $800 million threshold within two days of the prior update, indicating a swift transition from initial market entry to sustained liquidity presence.
That jump - an increase of more than $225 million since the previous announcement and equivalent to roughly 40% growth over the short interval - has been attributed to concentrated, high-velocity supply and borrowing. The expansion also reflects mounting adoption of Mantle’s distribution layer, which is integrated with Aave’s liquidity protocols to offer lower-latency execution and capital efficiency.
Two incentive programs have been activated to reward early participants and deepen liquidity across prioritized markets. Mantle has set aside 8 million $MNT to encourage both suppliers and borrowers in key markets such as ETH, USDC, and USDT. In parallel, the Aave Liquidity Committee is contributing 1.5 million $GHO to promote stablecoin usage and ensure substantial liquidity for GHO-denominated pairs on the Mantle deployment.
Those programs form a coordinated effort to maintain long-term liquidity depth as the ecosystem grows. The incentives are explicitly targeted at suppliers and borrowers in prioritized markets, signaling a focus on assets that underpin much of on-chain lending activity.
Key operational indicators accompanying the $800 million milestone were highlighted by the teams involved. Observed metrics include rapid increases in liquidity depth, continued inflows of larger-scale capital that seek the capital-efficiency characteristics associated with Aave, and an expanding suite of integrations that fold Mantle-Aave capabilities into broader DeFi strategies such as leveraged staking and automated yield optimization.
Emily Bao, Key Advisor at Mantle, summarized the momentum around the deployment in two statements: "Surpassing $575 million was a benchmark; crossing $800 million so shortly after is a testament to the sheer demand for scalable, institutional-grade DeFi," and, "We are no longer just witnessing a successful integration here but seeing the formation of a new epicenter for liquidity on Mantle."
The deployment is being positioned by both projects as approaching a $1 billion market-size milestone. Mantle and Aave say they remain focused on extending decentralized finance utility by narrowing the divide between TradFi-grade security and Web3 innovation. Users wishing to participate can access the Mantle market via the official Aave interface, where they may supply assets, borrow against collateral, and earn enhanced rewards tied to the ongoing incentive programs.
About Mantle
Mantle presents itself as a distribution layer and access point for institutions and TradFi participants to tap on-chain liquidity and real-world assets. The project reports more than $4B+ in community-owned assets and emphasizes a combination of credibility, liquidity, and scalability delivered through institutional-grade infrastructure designed to support larger-scale adoption.
The ecosystem is anchored by the $MNT token within Bybit and includes core projects such as mETH, fBTC, and MI4. Mantle also lists partnerships with issuers and protocols including Ethena USDe, Ondo USDY, and OP-Succinct as part of its broader infrastructure and market access strategy.
About Aave Protocol
Aave is a decentralized, non-custodial liquidity protocol that enables users to supply liquidity and earn interest or to borrow against posted collateral. The protocol supports GHO, a decentralized overcollateralized stablecoin intended to provide transparent, on-chain stable liquidity. According to the information provided, Aave controls a 60% share of DeFi lending and holds over $52B in net deposits, positioning it as the largest on-chain lending network.
Contact
Mantle: [email protected]
Note: Users can access the Mantle market through the official Aave interface to supply assets, borrow against collateral, and participate in boosted rewards offered via the ongoing incentive programs.