Bybit and Mantle Unveil Roadmap to Expand MNT Token Utilities

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is expanding its presence in the utility-token market, unveiling a roadmap in collaboration with the Ethereum Layer 2 protocol, Mantle

The joint Mantle and Bybit Roadmap, unveiled in Dubai on Friday, aims to shift MNT from a speculative token into a multi-use asset, with a phased plan to integrate it across Bybit’s trading, payments, and savings ecosystem.

The initiative builds on Bybit’s growing partnership with Mantle, following the appointment of Co-CEO Helen Liu and Head of Spot Emily Bao as advisors to the Layer 2 protocol

Both executives are expected to support Mantle’s aim of bridging Web2 and Web3 infrastructure and accelerating pathways to mass adoption.

Phased Roll Out

According to the official announcement, Bybit and Mantle are seeking to turn MNT from a single-purpose token into a broader utility across the exchange’s ecosystem

Under Mantle 2.0, the token is being positioned as a bridge between digital assets, real-world payments, and institutional finance.

The roadmap outlines a phased rollout spanning August, September, and beyond. On the buying side, MNT is already available via spot trading, OTC, Convert, and Bybit’s auto-invest bot. A new “Discount Buy” feature will be launched in late September, offering reduced prices on lockup products.

Expanding Token Use Cases

For usage, the number of trading pairs will expand from four to more than 20 in September. By the end of that month, MNT can also be used for trading fee discounts, 25% off spot and 10% off derivatives, as well as for Bybit Card payments with no conversion fees and Web3 purchases. Plans also include options trading, VIP event access, and merchandise.

On the holding side, institutional clients will gain higher leverage of up to 8x and extended fixed-loan terms starting in early September. Retail traders will see multipliers for faster VIP upgrades and stronger cashback benefits later in the month.

Savings and Promotions

In earnings products, fixed-term savings are launched at the end of August, along with higher allocations for new token launches, such as HODLVerse, Launchpool, and Megadrop. Flexible savings, dual-asset products, and liquidity mining are also on the roadmap.

To boost engagement, Bybit is rolling out limited offers including the MNT Puzzle Hunt, Wednesday airdrops, regional cashback campaigns, and a Mantle-themed anniversary celebration in October.

Bybit, founded in 2018, serves more than 70 million users worldwide and has positioned itself as a leading gateway between traditional finance and Web3. The exchange said the roadmap is part of its longer-term vision to embed digital assets into everyday financial activity.

Why This Matters

The Bybit and Mantle roadmap highlights a shift from speculative trading to real-world utility, integrating MNT across payments, trading, and savings to drive broader adoption. It also signals a trend in the crypto industry toward linking Layer 2 protocols with major exchanges to bridge Web2 and Web3 infrastructure.

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People Also Ask:

What is the Mantle × Bybit Roadmap? The roadmap is a phased plan to expand MNT’s utility across Bybit’s ecosystem, including trading, payments, savings, and VIP or loyalty benefits.

What is MNT? MNT is Mantle’s native token, used for trading, payments, staking, and participation in the Mantle ecosystem.

When will these features be available? Phased over August, September, and beyond, with key launches like expanded trading pairs and “Discount Buy” scheduled for late September.