INIT Capital: the liquidity-hook money market on Mantle
Quote265 words
Thesis that INIT Capital, a money market built on Liquidity Hooks, is a core DeFi bet for Mantle, citing its EigenDA use, a $2.5B DAO treasury and a $200M EcoFund. Includes a referral link for earning INIT points.
Key claims
Mantle DAO treasury of $2.5B
$200M Mantle EcoFund supports INIT
Mantle is the first general-purpose EVM layer using EigenDA
When Eigenlayer season hits, ecosystem plays built on top of @eigen_da based L2s like @0xMantle will be on fire! 🔥
Even more so, if it is core DeFi infra in an ecosystem backed by a $2.5B DAO treasury.
@InitCapital_ is one of my main DeFi bets for Mantle Season. 💎👇
INIT Capital is a Liquidity Hook Money Market that provides composability elements democratize liquidity access for both dApps & users through "Liquidity Hooks".
With the launch of the Phase 1 Money Market, you can now start to earn points and position yourself for a future airdrop. 🪂
🤔 What should I do?
Start earning points by lending/borrowing on INIT and making referrals. 💸
🤔 Why should I do it?
@InitCapital_ is supported by @0xMantle and is set to become the main money market on Mantle. It has also secured funding from the $200M Mantle EcoFund. This will help INIT bootstrap initial liquidity on Mantle, which can be a decisive factor.
I believe as the first general-purpose EVM execution layer that leverages @eigen_da for data availability, @0xMantle is due for some serious action soon. Driven by the hype around @eigencloud and the deployment of millions of USD in incentives & ecosystem funding, Mantle could evolve into an epicentre of the upcoming bull cycle.
With the MNT token already live though, a lot of the attention will be on ecosystem projects (and their potential airdrops). I will definitely keep watching protocols like @InitCapital_. Stay tuned for a more in-depth introduction soon! 👀
@eigen_da @0xMantle @InitCapital_ Don't fade anon. 👀
Link to start earning points below! 🪂👇
app.init.capital/points?ref=70EECA
QUOTING @InitCapital_
📢The #LiquidityHookEra Phase 1: Money Market is now LIVE! Users can now start earning points by engaging in DeFi activities on INIT Capital, making referrals, and/or holding the INIT Golden Ticket!🏷 app.init.capital/ Details on earning points below🧵👇
📢The #LiquidityHookEra Phase 1: Money Market is now LIVE! Users can now start earning points by engaging in DeFi activities on INIT Capital, making referrals, and/or holding the INIT Golden Ticket!🏷 app.init.capital/ Details on earning points below🧵👇
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How the covered assets moved · since 24 Jan 2024
Prices as of 23 Oct 2026This breakdown analyzes the project without making a call on the token, so price moves since publication are shown as market context.
Mentioned for context
$MNTMantlesince publication−13%−58% vs BTC
Since then
Zero has written 4 more pieces on INIT Capital since this one.
- INIT Capital: Liquidity Hooks money market as a DeFi summer shovel playOn INIT Capital
- INIT Capital wrsETH looping hook: four point systems at up to 5x leverageOn INIT Capital
- INIT Capital on Blast: Liquidity Hooks and points mechanicsOn INIT Capital
- INIT Capital deep dive: Liquidity Hooks, flash borrow and LP collateralOn INIT Capital
Daily closes in USD from DefiLlama and Yahoo Finance. Only a bullish or bearish thesis is read as a call; explainers, maps and mentions are context. This is a partner piece. Not financial advice.