Mantle Vault Expands into DeFi, Bringing Institutional-Grade RWA Yields On-Chain via Grove, CIAN, and Fluxion

Mantle announced that Mantle Vault has expanded into the DeFi sector, launching a new deposit yield product for all stablecoin holders that brings institutional-grade RWA yields on-chain. The expanded Mantle Vault allows users to deposit $USDC and $USDT0 on Mantle to earn variable yields generated by underlying strategies, which include investing in Sky Protocol's yield token sUSDS and Fluxion Points. Mantle also launched an exclusive incentive program, distributing 5.14 million GROVE tokens with a target APY of up to 6.5%.

In this scheme, Grove provides the capital base through Grove Savings; CIAN provides yield infrastructure, converting institutional-grade portfolio construction into a single non-custodial product; Fluxion provides a liquidity layer and links to Fluxion Points to generate additional yields. Previously, Mantle Vault's AUM on Bybit surpassed $200 million, and Mantle's RWA TVL grew from $22 million to $257 million within the year, with DeFi TVL exceeding $755 million. Through the synergy of the three parties, Mantle Vault has become a key implementation of Mantle's open finance network in institutional-grade yield distribution.

[TechFlow]