MANTRA

MANTRA Price

About MANTRA (MANTRA)

MANTRA is a Layer 1 blockchain specifically engineered for the tokenization and management of Real World Assets (RWAs) with integrated regulatory compliance.

• It operates as a permissionless blockchain while supporting permissioned applications that adhere to global regulatory standards.
• The network is built on the Cosmos SDK, providing native interoperability through the Inter-Blockchain Communication (IBC) protocol.
• It supports MultiVM environments, including full Ethereum Virtual Machine (EVM) compatibility for Solidity-based smart contracts.

What Is MANTRA

MANTRA is a specialized blockchain infrastructure designed to bridge the gap between traditional finance and decentralized ecosystems. Its primary mission is to facilitate the onchain lifecycle of Real World Assets (RWAs), such as real estate, art, and commodities. By providing a secure and compliant environment, it enables institutions and developers to fractionalize and tokenize illiquid assets, making them accessible to a global market.

The protocol functions as a foundational layer where value moves through the tokenization of physical assets into digital representations. The native MANTRA token is put to work through staking to secure the network, participating in onchain governance, and paying for transaction costs. As the ecosystem grows, this infrastructure scales by allowing various application-specific blockchains to connect and share liquidity across the broader Cosmos network.

What Makes MANTRA Unique

• Regulatory Compliance Layer: It embeds compliance features like KYC (Know Your Customer) and KYB (Know Your Business) at the chain level, a unique approach compared to general-purpose blockchains.
• VARA Licensing: MANTRA secured a DeFi exchange license from Dubai's Virtual Assets Regulatory Authority (VARA), positioning it as a regulated hub for asset management in the Middle East.
• MultiVM Support: By supporting both EVM and Cosmos SDK, it allows developers to use familiar Ethereum tools like Hardhat and Foundry while benefiting from Cosmos's performance.
• Institutional Focus: The architecture is specifically designed for high-value, compliance-critical use cases, catering to institutional needs for "Permissioned Applications."

What Can You Use MANTRA for?

• Asset Tokenization: Users and institutions can fractionalize and tokenize high-value physical assets like real estate or art to improve liquidity within the RWA category.
• Staking and Security: Token holders can stake their MANTRA to participate in the network's Proof of Stake consensus mechanism, helping to secure the chain and earn rewards.
• Onchain Governance: Holders can vote on protocol upgrades, parameter changes, and the overall evolution of the MANTRA ecosystem.
• Cross-chain Transfers: Using the Inter-Blockchain Communication (IBC) protocol, users can seamlessly move assets between MANTRA and other IBC-enabled blockchains.

How Does MANTRA Work?

MANTRA utilizes a modular architecture built on the Cosmos SDK, a framework for creating interoperable and sovereign blockchains. This design allows it to maintain high performance and low transaction costs while ensuring security through a Proof of Stake consensus mechanism. The network's "Permissioned Applications" layer enables developers to build dApps that require specific regulatory checks without compromising the underlying permissionless nature of the blockchain.

The integration of an EVM module allows for the execution of Solidity smart contracts, making it easy for Ethereum developers to migrate their protocols. Transaction fees on the network are paid in the native MANTRA token, which serves as the gas fees to power computation and state updates. This dual-compatibility ensures that the network can leverage the vast Ethereum developer ecosystem while maintaining the scalability of the Cosmos Interchain.

Team Info and Investors

MANTRA is led by a team with a strong presence in the Middle East, particularly Dubai, where it has secured significant regulatory milestones. The project has documented strategic backing, including an $11 million funding round to support RWA tokenization. Notable partnerships include a $1 billion real estate tokenization deal with Dubai developer DAMAC and a collaboration with Google Cloud to enhance its technical infrastructure.

Where can you buy MANTRA?

MANTRA tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade MANTRA is GroveX, where the most active trading pair MANTRA/USDT has a trading volume of $97,063.39 in the last 24 hours. Other popular options include Binance and Bybit.

What is the daily trading volume of MANTRA (MANTRA)?

The trading volume of MANTRA (MANTRA) is $6,395,619.19 in the last 24 hours, representing a 106.40% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for MANTRA (MANTRA)?

MANTRA (MANTRA) reached an all-time high of $0.02627 and an all-time low of $0.006410. It’s now trading -73.90% below that peak and 6.90% above its lowest price.

What is the market cap of MANTRA (MANTRA)?

Market capitalization of MANTRA (MANTRA) is $36,596,645 and is ranked #554 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of MANTRA tokens (5.3 Billion tokens are tradable on the market today).

What is the fully diluted valuation of MANTRA (MANTRA)?

The fully diluted valuation (FDV) of MANTRA (MANTRA) is $49,827,685. This is a statistical representation of the maximum market cap, assuming the maximum number of 10 Billion MANTRA tokens are in circulation today. Depending on how the emission schedule of MANTRA tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of MANTRA compare against its peers?

With a price decline of -15.30% in the last 7 days, MANTRA (MANTRA) is underperforming the global cryptocurrency market which is down -2.30%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -5.30%.