Mantle, the main blockchain ecosystem powering the Ethereum Layer 2 (L2) Mantle Community and the Ether Liquid mETH staking protocol, has efficiently built-in Ethena’s USDe and Mantle’s mETH on Compound, the main DeFi lending protocol trusted by the neighborhood. This marks an necessary step in Mantle’s mission to foster ecosystem synergies, drive widespread adoption of DeFi, and create new alternatives for innovation in 2025 and past.
The combination of USDe and mETH on Compound represents a major achievement for the Mantle ecosystem. USDe has gained vital traction, particularly on the Mantle Community, with a TVL of $92.3 million. By bringing USDe to Compound, Mantle strengthens its place within the decentralized stablecoin market, enabling higher entry and adoption. The addition of mETH as collateral to Compound strengthens its position within the DeFi panorama, positioning Mantle as a frontrunner within the liquid staking house. This transfer additional accelerates the mass adoption of mETH, each within the Mantle ecosystem and within the broader DeFi house.
The partnership between Mantle and Compound highlights a shared dedication to constructing safe, scalable and accessible monetary instruments for customers. With an emphasis on excessive safety and reliability requirements, each platforms work to offer an improved consumer expertise and broaden the attain of decentralized finance.
Picture: freepik
Designed by Freepik