According to TechFlow, L2beat data shows that the L2 network Mantle currently has more than 1.43 billion US dollars, an increase of 420% from 340 million US dollars at the beginning of the year, ranking fourth in the L2 rankings.

In addition, according to Mantle social media, the second core product of the Mantle ecosystem, mETH, is about to usher in the cmETH upgrade. As a new liquid re-staking token (LRT), cmETH will be highly composable in the Mantle ecosystem, bringing users the opportunity to explore re-staking income. At the same time, COOK tokens are introduced as the new governance tokens of Mantle LSP, and COOK token TGE is coming soon.