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Mantle DEX Volume Surges 34% to $99M in October

Mantle's decentralized exchange volume reached $99M in October, reflecting strong ecosystem growth and market activity.

Mantle's decentralized exchange volume reached $99M in October, reflecting strong ecosystem growth and market activity. Mantle (MNT) is trading at ₹45.2 ($0.4756). This is an original Token Times brief based on reporting by Coinfomania, with live market data added, as of Sun, 01 Nov 2026 12:15:01 UTC.

Why it matters

The significant increase in DEX volume highlights Mantle's growing presence in the DeFi space and suggests increased user adoption and liquidity within its ecosystem.

Key takeaways
  • Mantle DEX volume rose 34% to $99M in October.
  • Mantle's TVL stands at $159.58M, up 3.9% in the past week.
  • MNT token price remains stable despite broader market fluctuations.

Mantle, a prominent player in the decentralized finance (DeFi) space, has reported a significant increase in its decentralized exchange (DEX) volume for October, reaching $99M. This figure represents a 34% increase compared to previous months, signaling robust market activity and a growing user base.

The platform's Total Value Locked (TVL), a key metric for DeFi protocols, currently stands at $159.58M, according to DeFiLlama. This represents a 3.9% increase over the past week, further demonstrating the platform's expanding influence and the trust users place in its ecosystem.

Despite the broader market's fluctuations, Mantle's native token, MNT, has remained relatively stable. It is currently priced at $0.475982, with a slight 0.13% increase over the past 24 hours, although it has experienced a 7.18% decline over the past week. The overall crypto market cap is at $2.69T, with Bitcoin showing a 1.10% increase in the last 24 hours.

The increase in DEX volume and TVL suggests that Mantle is successfully attracting more users and liquidity, which is crucial for the long-term sustainability and growth of any DeFi platform. This development is particularly noteworthy given the current market conditions, which are often characterized by caution and uncertainty.

Market reaction since this brief Live

Since this brief published about 4 hours ago, Mantle (MNT) has moved from ₹45.24$0.476 to ₹45.20$0.4756 — -0.08%.

$0.476$0.476$0.476$0.476$0.476 published · $0.476 now · $0.476 (-0.08%) Nov 1 08:23 UTC Nov 1 12:15 UTC
BeforeSince publishPublished · ₹45.24$0.476

The chart plots MNT's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in rupee

At today's peer-to-peer rate, 1 MNT ≈ ₹49.23 (about $0.4756), up 0.2% over 24 hours. The rupee itself trades about 8.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

#61
₹45.20$0.4756 ▲ 0.20%
-0.08% since this brief published
7d -6.66%MCap ₹149.27BFull MNT data →
The market when this published · November 1, 2026
Total market cap₹255.74T
Bitcoin 24h+1.10%
Ethereum 24h+1.48%
BTC dominance58.4%
Fear & Greed34 · Fear
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · November 1, 2026.

Mantle TVL$159.75M+4.5% 7dDeFiLlama ↗
SectorDEX liquidity$12.36Bacross 77 protocolsDeFiLlama ↗
Bitcoin DeFi TVL$6.17BDeFiLlama ↗

Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Mantle DEX Volume Surges 34% to $99M in October — questions & answers

What is Mantle's current Total Value Locked (TVL)?

Mantle's TVL is $159.58M, up 3.9% in the past week.

How much did Mantle's DEX volume increase in October?

Mantle's DEX volume increased by 34% to $99M in October.

What is the current price of the Mantle (MNT) token?

The MNT token is priced at $0.475982, with a 24-hour change of +0.13%.

How much is 1 Mantle worth in rupee today?

About ₹49.23 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.4756. The rupee price moves with both MNT's US-dollar price and the USDT/INR rate; use our Mantle in rupee page for any amount.

Has Mantle's price moved since this brief was published?

MNT is down 0.08% since this brief first published — trading at ₹45.2 ($0.4756) now versus ₹45.24 ($0.476) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from Coinfomania. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 1, 2026 ⛓ Timestamped at Bitcoin block #974,107 sha256:80d4a063cc93c6ea
Based on reporting by Coinfomania — this is an original Token Times summary with live market data, not the original article.Coinfomania · Nov 1 08:23 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.