Mantle Vault Expands into DeFi with Institutional-Grade RWA Yield
Mantle Vault has expanded to decentralized finance (DeFi), bringing institutional-grade real-world asset (RWA) yield on-chain. The new product, built with Grove infrastructure and CIAN's yield layer, allows users to deposit stablecoins and access variable yields generated by the underlying strategy.
The expansion follows Mantle's continued momentum in RWAs, with RWA TVL growing from $22 million to $257 million in a year. This marks the next stage of Mantle's thesis that institutional-grade assets should be reachable by any market participant, not just institutions and exchanges.
Mantle is also introducing a dedicated incentive program of 5.14 million GROVE tokens, targeting up to 6.5% Annual Percentage Yield (APY). The programme terms, duration, and rates may vary based on market conditions, and incentives are not guaranteed.