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![Tanaka_L2 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1456891312230506496.png) Tanaka [@Tanaka_L2](/creator/twitter/Tanaka_L2) on x 56.5K followers
Created: 2025-05-28 08:19:12 UTC

gMantle, 

#DeFi protocols on @Mantle_Official are showing signs of strength with pretty good on-chain activity.

According to Artemis, the top X dApps with the highest on-chain activity on the Mantle Network are:

🥇 @MerchantMoe_xyz: XXXXX daily active addresses

🥈 @Agnidex: XXXXX daily active addresses

🥉 @FusionX_Finance: XXXXX daily active addresses

Moreover, the stablecoin usage on Mantle reached an all-time high of $474M this month. That’s the amount of stablecoins being used for a range of purposes, including everyday payments, savings, collateral in DeFi, and trading.

→ DeFi on Mantle is nonstop growing!
Looking at gas costs in Mantle’s transaction counts, we can see how DeFi is dominant on the network:

– Since March 28, DeFi activities on Mantle have steadily grown from XX% to over 80%.

– On May 24, Mantle users were spending over XX% of their transactions on DeFi activities → DeFi on Mantle is significant
With the solid growth in DeFi activity, I think it's time to gear up for Mantle in price. Currently, $MNT is still in the accumulation zone, and we’re going to see $MNT break above $X soon.

![](https://pbs.twimg.com/media/GsBZ2fNbIAAnBUG.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1927640790370787466/c:line.svg)

**Related Topics**
[coins stablecoin](/topic/coins-stablecoin)
[merchantmoexyz](/topic/merchantmoexyz)
[onchain](/topic/onchain)

[Post Link](https://x.com/Tanaka_L2/status/1927640790370787466)