Mantle (MNT) Perpetual Futures

– 24h · perp mark price

24h volume – vs prior 24h Open interest – · Funding rate (OI-weighted, 8h) – annualised Long / short ratio (24h) – long Liquidations (24h) – longs OI / market cap – Market cap –

Mantle price and derivatives history

Daily close and perpetual volume across tracked exchanges

Mantle perpetual futures market

Mantle is an Ethereum layer 2 network with a modular design, executing transactions away from Ethereum and posting data to a separate availability layer. MNT pays for gas on Mantle and is used in governance. The token came from the 2023 merger of BitDAO into Mantle, and Bybit, a major BitDAO backer, remains closely tied to it. Perps offer leveraged exposure to that ecosystem and a way to short it without borrowing tokens.

Bybit dominates this market, holding most of the volume and open interest across its USDT, USD and USDC contracts. That concentration means Bybit's funding rate sets the tone, and a large liquidation there can move prices on smaller venues too. Treasury decisions, product launches inside the Mantle ecosystem and Bybit news are the catalysts to follow. Coinperps tracks the Bybit contracts alongside smaller listings.

MNT funding rates MNT open interest MNT liquidations MNT long/short ratio

Ticker: MNT
Asset class: Crypto
Tracked markets: –
Most active venue: –
Funding intervals: –
Trading hours: 24/7
±1% order book depth: –

Mantle perpetual markets by exchange

Every tracked MNT perpetual market

#	Exchange	Price	24h	Volume 24h	Open interest	OI 24h	Funding 8h	L/S	Liq. 24h	±1% depth	Trade

Open interest by exchange

Share of total · 24h change

All OI

Liquidations by exchange

Last 24h · long vs short

All liquidations

Taker buy vs sell

Last 4h · buy share of taker volume

Long/short data

Mantle perpetual futures FAQ

Live answers use data from every tracked MNT perpetual markets · updated –

What is the MNT funding rate today?

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How much MNT open interest is there?

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What is Mantle?

Mantle is a layer 2 network for Ethereum that batches transactions and settles them to Ethereum, using a modular setup for data availability. MNT is its gas and governance token. The project also manages a large treasury inherited from BitDAO and offers mETH, a liquid staking token for ETH.

What is MNT perpetual futures trading volume?

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Are traders long or short MNT right now?

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What is the link between Mantle and Bybit?

Bybit was a major contributor to BitDAO, the DAO that merged into Mantle in 2023 and swapped its BIT token for MNT. The exchange has continued to support MNT through listings and promotions, and it hosts the deepest MNT perps market. Bybit news therefore tends to carry extra weight for MNT.

What happened to the BIT token?

BIT, the BitDAO token, was converted into MNT after BitDAO holders voted to merge with Mantle in 2023. The swap was offered at a one-to-one ratio, so BIT holders received MNT and the old ticker was phased out on exchanges.

How much MNT was liquidated in the last 24 hours?

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Why is MNT open interest concentrated on Bybit?

MNT perps liquidity grew up around Bybit given the exchange's ties to the project, and other venues run smaller markets. One order book and one funding rate therefore shape most price discovery, so a large liquidation on Bybit can ripple quickly into thinner markets elsewhere.

What are MNT perpetual futures?

MNT perpetual futures are derivatives contracts that track the price of MNT and never expire. Instead of settling on a date, they use a funding rate to stay close to the spot price. You can go long or short with leverage without holding any MNT.

How does MNT funding work?

Funding is a payment between longs and shorts. When MNT perps trade above the index price, funding is positive and longs pay shorts. When they trade below it, shorts pay longs. Most exchanges settle every 8 hours and some, including Hyperliquid, settle every hour.

Where can I trade MNT perpetuals?

Compare venues, fees and features on the best perpetual exchanges page.

Should I long or short MNT?

Coinperps does not give trading advice. Funding, open interest, the long/short ratio and liquidations show how other traders are positioned, but crowded positioning can last longer than expected. Size positions so a liquidation would not hurt you.