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Mantle launches DeFi stablecoin yield product with up to 6.5% APY on its native DEX

Protocol Fundamentals
25 Aug 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Mantle has expanded its Vault stablecoin yield product into decentralized finance (DeFi), moving from Bybit's centralized platform to a fully onchain, non-custodial format on Mantle's native decentralized exchange (DEX). The product allows users to deposit USDC and USDT to earn variable yields generated by a strategy developed by CIAN and Grove, without leverage, and supported by Fluxion's liquidity infrastructure. Mantle also introduced an incentive program offering 5.14 million GROVE tokens, targeting yields up to 6.5% APY, though rates may vary with market conditions. This expansion coincides with Mantle's growth in real world asset (RWA) business, with RWA TVL rising from $22 million to $257 million in a year and total DeFi TVL surpassing $755 million.

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