Manta Pacific October update: TVL growth, Manta Fest and November integrations
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Market since$MANTA−97%since listingHow it played out ↓Update on Manta Pacific: TVL grew from USD 2.6M to USD 12.7M in October (338% MoM) and passed USD 24.5M, with Manta Fest, the zkEVM roadmap and new integrations such as TIA via Hyperlane Nexus.
Key claims
TVL grew from USD 2.6M to USD 12.7M in October, 338% MoM
TVL over USD 24.5M at time of writing
Manta Fest runs until 17 November and feeds airdrop eligibility
Manta is becoming a leading L2 quickly! 🔱
October has been a big month for @MantaNetwork!
🪂 Manta Fest & Uncharted Pacific Grants Program
🚀 Manta Pacific Roadmap to Polygon CDK zkEVM
Also, TVL on Manta Pacific Mainnet Alpha has grown from USD 2.6M to USD 12.7M, equalling a 338 % MoM growth! 📈
Currently it stands at over USD 24.5M! 🤯
Manta Fest is an ongoing event celebrating Manta Pacific’s Mainnet Alpha launch, in which users can earn points and exclusive NFTs to commemorate their status as early community members by completing Galxe tasks. There will be an airdrop and this will play a role. Manta Fest is open for participation until the 17th of November. Don’t fade! 🪂
🔗 More info: twitter.com/zerokn0wledge_/status/1709495838945218681
With its transition to zkEVM, Manta Pacific is going full ZK! This will introduce fast finality which improves interoperability. Additionally, the mathematically ensured security of validity proofs compared to the social-economic security model of optimistic rollups can be considered superior and surely much more aligned with Manta’s zk-native ethos. 🔱
🔗 More info: twitter.com/zerokn0wledge_/status/1714146521917071529
So we slow down in November? 🤔
No! Manta wouldn’t be Manta if they would not continue to ship and build the ecosystem tirelessly! 🚀
Let’s have a look at the first two weeks of November:
🔱 First L2 to bring $TIA to the EVM universe via Hyperlane Nexus! *
🔱 QuickSwap Integrates with Manta Pacific!
🔱 ApolloX Perp DEX V1 deploys to Manta Pacific Mainnet!
🔱 Manta Pacific Integrates with LayerZero for interop!
* ) More info: twitter.com/zerokn0wledge_/status/1719587129666470018
And remember, this is all just Mainnet Alpha stage. With Celestia recently launching its mainnet Manta has now started the transition into Stage 2 of the Manta Pacific roadmap, which leverages modular DA through Celestia. 🧱✨
What this means for projects and users in the Manta Pacific ecosystem is much lower gas fees and an improved UX! 👀
I have recently covered the upcoming Celestia integration in more depth here! 👇
twitter.com/zerokn0wledge_/status/1719383747307741264
For a more detailed exploration of Manta’s roadmap, check my post on the transition to a Polygon CDK based zkEVM below! 👇
twitter.com/zerokn0wledge_/status/1714146521917071529
That's a wrap for today! Hope you enjoyed this short overview! 🫡
Make sure to follow me @zerokn0wledge_ and @MantaNetwork to stay up to date with all the developments around Manta Pacific! 🔱
QUOTING @zerokn0wledge_
Manta Pacific is going full ZK! About a month ago, @MantaNetwork launched Mainnet Alpha of Manta Pacific, an EVM L2 based on the OP Stack that supports zkApp development in Solidity. However, this is only the beginning! Let me explain how Manta will change the game entirely! 🤯
Manta Pacific is going full ZK! About a month ago, @MantaNetwork launched Mainnet Alpha of Manta Pacific, an EVM L2 based on the OP Stack that supports zkApp development in Solidity. However, this is only the beginning! Let me explain how Manta will change the game entirely! 🤯
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