Mantle MNT

MNT has moved +3.77% in the last day, -20.72% over the week, and -20.72% over the past month. The all-time high of $2.86 was set 241 days ago, leaving MNT at 18.8% of that peak. Reclaiming the record would require a 432% advance from here. With both the weekly and monthly trends negative, the path of least resistance remains lower for now.

Volatility & risk

Realised volatility for MNT is currently moderate, with a 7-day annualised reading near 67%. That is roughly middle-of-the-pack for a large-cap crypto asset. Day-to-day ranges are wide by traditional-asset standards but restrained for crypto.

Liquidity & trading depth

Over the last 24 hours roughly $25.5M changed hands, equal to about 1.4% of the circulating market value turning over in a day. That is thin turnover relative to market cap, so larger trades can move the price meaningfully and spreads may widen in stress. Liquidity health scores 11/100 on our composite, which blends 24-hour volume against market capitalisation.

Correlation with Bitcoin & markets

Over the past week, MNT's hourly returns show a correlation of 0.56 with Bitcoin. That is a moderate link — MNT tends to follow Bitcoin's direction but with a will of its own. Correlation regimes shift, so this figure is a snapshot rather than a constant.

On-chain value & TVL

The DeFi ecosystem built on or powered by Mantle currently secures roughly $192.38M in total value locked (TVL) — the dollar value of assets deposited in its protocols. Against a market capitalisation of $1.78B, that gives a market-cap-to-TVL ratio of 9.23. A high ratio means the market values MNT well above the capital currently locked in its ecosystem — pricing in future growth that on-chain activity has yet to deliver. TVL is a useful gauge of real economic usage, but it rises and falls with token prices, so read it alongside the trend in deposits rather than the dollar figure alone.

Our outlook blends three independent lenses. The technical model reads momentum as bearish and frames a near-term band of $0.4623 to $0.5805. The statistical model, driven by realised volatility, centres near $0.5041 with a one-horizon spread of $0.2129 to $0.9343. The relative model, anchored to how comparable top-100 assets have performed (median -2.37% over the past week), points to $0.4882 to $0.5849. Blending the three yields the horizon-by-horizon ensemble in the table below. Model confidence is High, reflecting data completeness and liquidity. These are probabilistic scenarios generated from market data — not guarantees, and not financial advice.

Mantle has a circulating supply of 3,302,294,383 MNT. Supply is hard-capped at 6,219,316,795 tokens, meaning 53.1% already exists and only 2,917,022,412 remain to be issued. A meaningful share is still to be released, so emission schedules are worth tracking for dilution. Fully diluted valuation and circulating market cap can diverge sharply when a large share of tokens is still locked, so both are worth comparing before drawing conclusions about value.

Mantle (MNT) is the 44th-ranked cryptocurrency tracked on TBN Express, with live pricing, derived risk metrics and a multi-model outlook refreshed throughout the day. The profile below combines project information with our own quantitative read of how MNT is trading right now.