Manta Network Loans 7.5M MANTA Tokens to Wintermute for Liquidity

Manta Network has entered a liquidity arrangement with market maker Wintermute, loaning 7.5 million $MANTA tokens to support liquidity across crypto exchanges.

The tokens will be integrated into Wintermute’s trading systems to provide consistent market liquidity for $MANTA. Unlike typical token grants, this arrangement is structured as a loan, with repayment ensuring the tokens eventually return to Manta Network’s ecosystem.

About Manta Network

Manta Network is the largest modular L2 scaling solution on Ethereum. It offers unparalleled throughput and resiliency to power over 200 applications live on the network. Combined with a suite of tools to quickly build and deploy applications, Manta Network provides the best-in-class environment for decentralized applications focused on scaling to a global user base.

About Wintermute

Wintermute is a leading crypto algorithmic trading firm and market maker, founded in 2017. They provide liquidity algorithmically across cryptocurrency exchanges and trading platforms, handling billions in daily volume.