Mantle Vault expands from CeFi ($200M on Bybit) to DeFi with a new RWA yield vault on Fluxion, Grove, and CIAN protocols enabling stablecoin yield access on Mantle.
DeFi & Yields ·
Mantle Vault has expanded from its centralized exchange presence to decentralized finance, launching a new real-world asset yield vault across Fluxion, Grove, and CIAN protocols. The original vault on Bybit reached $200M before this move, and the new deployment aims to provide stablecoin yield access to users on the Mantle network.
The vault design connects deposits to Sky Ecosystem's Savings Rate through Grove, offering the same institutional yield rate that was previously available only to institutions. USDC and USDT deposits earn vault yield alongside Fluxion points, and the structure is non-custodial and unleveraged, allowing users to retain private key control. The underlying strategy remains visible onchain, matching the architecture of the original Bybit vault but with decentralized custody.
The launch represents a step toward bringing institutional-grade financial products to decentralized markets. Details on total value locked, specific yield rates, or the rollout timeline across the three protocols remain unspecified.