Mantle tracks $820M in stablecoins and tokenized assets with new public dashboard

Mantle, one of Ethereum’s largest Layer 2 networks, has launched a public dashboard tracking over $820M in combined stablecoins and tokenized assets flowing through its ecosystem. The move puts Mantle’s real-world capital figures on display for anyone to audit, a transparency play that arrives as the network quietly builds one of the larger RWA operations in crypto.

The $820M figure comes from Blockworks Research analytics, while Mantle’s own site reports approximately $770M in what it calls “Real World Capital” as of mid-August 2026. The gap likely reflects differences in methodology and timing, but either way the numbers tell the same story: Mantle has become a meaningful venue for tokenized assets among Layer 2 networks.

The numbers behind the dashboard

The platform now hosts more than 710 RWA assets and counts over 200 ecosystem partners and decentralized applications. Its active user base has crossed the 1 million mark.

Tokenized active strategies on Mantle reached $116.4M, the highest volume among Ethereum Layer 2 networks.

RWA total value locked on the network grew 27.4% quarter-over-quarter in Q1 2026, reaching $247.5M.

Building the rails for tokenized finance

In July 2026, the network completed the migration of its Super Portal to Chainlink’s Cross-Chain Interoperability Protocol (CCIP).

Mantle has also moved into tokenized initial public offerings. The network facilitated tokenized IPO listings including Bending Spoons via xStocksFi, making shares of newly public companies available for 24/7 trading on-chain.

Partnerships with Securitize and Ondo USDY have helped fuel the RWA growth, providing the regulatory and technical frameworks needed to bring traditional assets on-chain. Bybit, one of the larger centralized exchanges, is also part of the ecosystem, adding a distribution channel that connects Mantle’s tokenized products to retail and institutional traders.

A well-funded operation

As of August 19, 2026, the network’s treasury was valued at approximately $1.89B. About 71% of that treasury sits in $MNT, Mantle’s native token. The remaining balance is diversified across Bitcoin, Ethereum, and stablecoins.

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