Bybit’s Mantle Vault Breaks Records, Exceeding $100 Million in AUM Within Weeks
The world of decentralized finance (DeFi) is abuzz with the recent announcement from Bybit, one of the largest cryptocurrency exchanges globally. Its innovative product, Mantle Vault, developed in collaboration with Mantle and Cian, has surpassed an impressive $100 million in Assets Under Management (AUM) within just three weeks of its launch.
What Is Mantle Vault?
Mantle Vault is a groundbreaking offering designed to simplify access to on-chain yield strategies while ensuring transparency and security. It operates as part of Bybit’s On-Chain Earn initiative, focusing on stablecoin-based, market-neutral yield generation. Strategies are executed across decentralized protocols with a centralized interface, providing users with the best of both worlds.
Key Features and Benefits
The popularity of Mantle Vault lies in its innovative features. The key highlights include:
- An annual percentage rate (APR) consistently above 7% since launch, making it a lucrative option for investors.
- Fully on-chain execution with strategies deployed across audited protocols, such as Aave V3, ensuring transparency and security.
- A seamless withdrawal process with zero subscription fees and a minimum entry requirement of just 10 USDT or USDC.
- Market-neutral yield generation through stablecoin lending, staking rewards, and protocol incentives.
Why Mantle Vault Is a Game-Changer in DeFi
Mantle Vault is a significant milestone in connecting centralized platforms with decentralized financial ecosystems. With assets primarily held on the Ethereum mainnet, it ensures real-time visibility into the deployment of strategies and emphasizes secure management through blockchain technology.
As part of a broader initiative in real-world assets (RWA) and CeDeFi (Centralized Decentralized Finance), Mantle Vault demonstrates how decentralized financial products can achieve mainstream adoption. Bybit advisors and executives stress the importance of professionally managed and accessible solutions as user demand for structured DeFi products grows.
Expert Opinions on Mantle Vault
According to Emily Bao, Key Advisor at Mantle, “Mantle Vault exemplifies our mission of accelerating the adoption of institutional-grade DeFi. By blending centralized distribution with fully on-chain execution, Mantle powers the transition of financial products from niche tools to mainstream solutions.”
Jerry Li, Head of Financial Products at Bybit, added, “The overwhelming response to Mantle Vault highlights users’ eagerness for transparent, professional, and flexible yield strategies. This product delivers on all these fronts.”
Why This Matters for Investors
Investors looking to enter the cryptocurrency space with reduced volatility and predictable returns will find Mantle Vault highly appealing. By leveraging stablecoins like USDT and USDC, the vault provides a safe entry point for both retail users and professional investors who value transparency, low fees, and market-neutral strategies.
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Conclusion
Mantle Vault by Bybit is a testament to the potential of decentralized finance to revolutionize traditional financial paradigms. With its user-friendly interface, audited protocols, and stable returns, Mantle Vault is set to become the go-to solution for investors seeking reliable on-chain yield strategies.