Mantle, the leading blockchain ecosystem powering the Ethereum Layer 2 (L2) Mantle Network and the Ether Liquid mETH staking protocol, has successfully integrated Ethena’s USDe and Mantle’s mETH on Compound, the leading DeFi lending protocol trusted by the community. This marks an important step in Mantle’s mission to foster ecosystem synergies, drive widespread adoption of DeFi, and create new opportunities for innovation in 2025 and beyond.
The integration of USDe and mETH on Compound represents a significant achievement for the Mantle ecosystem. USDe has gained significant traction, especially on the Mantle Network, with a TVL of $92.3 million. By bringing USDe to Compound, Mantle strengthens its position in the decentralized stablecoin market, enabling greater access and adoption. The addition of mETH as collateral to Compound strengthens its role in the DeFi landscape, positioning Mantle as a leader in the liquid staking space. This move further accelerates the mass adoption of mETH, both in the Mantle ecosystem and in the broader DeFi space.
The partnership between Mantle and Compound highlights a shared commitment to building secure, scalable and accessible financial tools for users. With an emphasis on high security and reliability standards, both platforms work to provide an improved user experience and expand the reach of decentralized finance.
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