Mantle Vault Expands into DeFi with Institutional-Grade RWA Yield

Mantle Vault has expanded into decentralized finance (DeFi) after crossing $200 million in assets under management on Bybit. The move extends Mantle's reach beyond centralised finance, bringing institutional-grade real-world asset (RWA) yield to any stablecoin holder.

The new vault is built with Grove infrastructure and CIAN's yield layer, allowing users to deposit USDC and USDT on Mantle to access variable yield generated by the underlying strategy. The strategy includes exposure to sUSDS, Sky Protocol's yield-bearing token, alongside Fluxion Points.

Mantle is also introducing a dedicated incentive programme of 5.14 million Grove tokens, targeting up to 6.5% annual percentage yield (APY). Programme terms, duration and rates may vary based on market conditions, and incentives are not guaranteed.