Nitron Joins Mantle Ecosystem: Your Gateway to DeFi on Mantle
Nitron has officially integrated with the Mantle ecosystem, marking our first chain partnership with the network. To celebrate this milestone, we’ve listed a wide range of Mantle-based assets on Nitron, making us the first and only money market to support many of these tokens. As part of the Mantle ecosystem, we now bring you the full suite of DeFi tools—trading, liquidity pools, lending, borrowing, and much more—all in one place.
In this article, we’ll explore the exciting new assets available on Nitron, their unique features, and how you can use them to unlock powerful DeFi strategies.
What is Nitron?
Nitron is a comprehensive, permissionless money market built into the Demex platform. Supporting assets across 10+ blockchains, it’s the most versatile lending and borrowing hub in DeFi. With Nitron, users can:
- Lend assets to earn competitive yields.
- Borrow against collateral without lock-up periods.
- Execute advanced DeFi strategies, such as leveraged loops and yield farming.
Nitron’s diverse asset offerings include native tokens (L1 and L2), liquid staking derivatives (LSDs), liquidity receipt tokens (LRTs), and Pendle Finance’s principal tokens. This extensive coverage enables users to fully utilize their assets, ensuring maximum flexibility and profitability.
Nitron now takes its functionality a step further by integrating into the Mantle ecosystem, enhancing its position as the ultimate dApp for cross-chain DeFi enthusiasts.
Explore Nitron here: https://app.dem.exchange/nitron
Mantle Assets on Nitron
With the Mantle Network gaining traction, Nitron has listed a range of Mantle-based assets, unlocking new opportunities for yield generation and DeFi strategies.
Mantle ($MNT)
- The native token of the Mantle Network.
- Used for:
- Gas fees for transactions.
- Governance participation, enabling token holders to influence network decisions.
Acquire $MNT: https://www.mantle.xyz/mnt
Mantle Staked ETH ($mETH)
- A liquid staking derivative (LSD) that accrues ETH staking rewards over time.
- Widely considered a low-risk, yield-bearing asset.
mETH Protocol:
- The leading staking and restaking platform for the Mantle and Ethereum ecosystems.
- Captured $2 billion in TVL at its peak and ranks among the top four LSD platforms globally.
Acquire $mETH: https://meth.mantle.xyz/stake
Mantle Restaked ETH ($cmETH)
- Enables users to restake $mETH and earn additional rewards through yield protocols.
- Integral to Mantle’s reward mechanisms, including accumulating Powder to earn $COOK tokens.
Acquire $cmETH: https://meth.mantle.xyz/restake
mETH Protocol’s Governance Token ($COOK)
- Governance token for the mETH Protocol.
- Earned by participating in restaking on the mETH Protocol.
- Used for governance decisions and strategic voting.
Acquire $COOK: https://merchantmoe.com/trade
Ignition Bitcoin ($FBTC)
- A cross-chain asset pegged 1:1 to Bitcoin’s value.
- Powered by Ignition Protocol.
- Offers:
- Omni-chain compatibility for seamless transfers.
- Opportunities to maximize Bitcoin yield through DeFi activities.
Acquire $FBTC: https://fbtc.com/swap
Pendle Principal Token of mETH ($PTmETH)
- Represents the principal value of staked ETH while allowing users to lock in their yield.
- Part of Pendle Finance’s innovative offerings.
Acquire $PTmETH: https://app.pendle.finance/trade/markets/0x99e83709846b6cb82d47a0d78b175e68497ea28b/swap?view=pt&chain=mantle
Liquidity Pool Receipt Token of cmETH ($LPcmETH)
- Issued to liquidity providers contributing to the cmETH liquidity pool on Pendle Finance.
- These pools are currently incentivized, offering even more opportunities for yield.
Acquire $LPcmETH: https://app.pendle.finance/trade/pools/0x0b923f8039ae827e963fcc1b48ab5b903d01925b/zap/in?
Why Choose Nitron for Your Mantle Assets?
Nitron’s listing of Mantle assets provides unparalleled opportunities for DeFi users:
- Maximized Yield: Use receipt tokens and principal tokens to lend, borrow, and collateralize without missing out on potential rewards.
- Leveraged Strategies: Borrow Ethereum, stake it, restake it, and execute leveraged loops.
- Incentivized Earnings: Competitive APYs, rewards, and Pendle Finance incentives await users.
Discover all the opportunities on Nitron: https://app.dem.exchange/nitron
Full Suite of DeFi Tools on Mantle
As part of the Mantle ecosystem, Nitron offers more than just lending and borrowing. Users can access:
- Perpetual Liquidity Pools: Earn trading fees, funding fees, and trader PnL by depositing liquidity into thematic perp pools like BTCETH Perp Pool or Solana Perp Pool.
- Perpetual Trading: Borrow USD(G) and trade on popular markets while enjoying trading rebates, competitions, and promotions.
- Advanced DeFi Strategies: Combine lending, trading, and staking to create unique strategies tailored to your goals.
TLDR
Nitron has entered the Mantle ecosystem, listing a variety of Mantle-based assets like $MNT, $mETH, and $FBTC. As the most extensive cross-chain money market, Nitron empowers users with advanced DeFi tools for lending, borrowing, trading, and liquidity provision. Take advantage of competitive rates, yield incentives, and unparalleled flexibility to maximize your DeFi potential.
Explore Nitron now: https://app.dem.exchange/nitron