Mantle Expands Capabilities with xStocks Launch and DeFi Growth

Mantle, an Ethereum Layer-2 blockchain built on the OP Stack, has continued to expand its capabilities in the second quarter of 2026. The network's transition to zero-knowledge rollup technology via OP Succinct in September 2025 enabled it to achieve high throughput and low transaction costs while maintaining Ethereum-grade security.

In April, Mantle launched xStocks, a platform for tokenized equities, with the initial listing of 10 US-based stocks. By the end of Q2, the platform had expanded to 155 tokenized equities, including tokenized SpaceX (SPCXx) and Franklin Templeton's Franklin U.S. Equity Index ETF (USPX), which was integrated on Mantle via xStocks in June.

The network also saw significant growth in its DeFi stack, with Aave V3 becoming one of the largest lending protocols on Mantle after launching in February 2026. The protocol's TVL surpassed $1.45 billion by April, and overall DeFi TVL on the network reached $1 billion during Q2, representing a 230% growth across H1 2026.

Mantle also made progress in its AI and developer ecosystem, with several partnerships and integrations, including Allora Network's decentralized AI inference network and Elfa AI's chatbot for asset queries. The network also launched xPoints, an incentive layer to reward traders, holders, and liquidity providers.