MEXC Introduces RWA Layer 1 Blockchain 

MEXC, a leading cryptocurrency exchange, has officially introduced MANTRA (OM), a Security-first RWA (Real World Asset) Layer 1 Blockchain designed to integrate traditional finance with decentralized technology. This launch marks a significant step in bridging regulatory compliance with blockchain innovation, making MANTRA an attractive solution for institutions and developers.

What is MANTRA (OM)?

MANTRA is a Layer 1 blockchain built to handle real-world regulatory requirements while maintaining the decentralized ethos of blockchain technology. Its infrastructure facilitates seamless integration between Web3 applications and traditional financial systems, making it an ideal platform for developers focused on regulatory-compliant applications.

Key Features of MANTRA

MANTRA offers an ecosystem for developers and investors to build and trade assets within regulated stipulations. Users of the MANTRA DEX can easily trade cryptocurrencies, allowing for easy participation from seasoned investors to first-time users. The platform’s broadening scope of services enhances the ease of transacting, further strengthening the firm’s position in payment processing and asset management. 

• Also Read About the Best Crypto Casino Online

Using Cosmos SDK and IBC protocol, MANTRA operates on other blockchain networks to ensure interoperability. Moreover, it uses CosmWasm to enable secure and versatile smart contract execution.

With a transaction processing capacity of up to 10,000 transactions per second, MANTRA is designed for scalability to ensure that applications function without performance constraints. Coupled with this, MANTRA’s partnerships with various on and off-ramp solution providers improves accessibility for users and institutions alike for a seamless shift from fiat to cryptocurrency and back.

Market Performance of OM Token

Meanwhile, MANTRA (OM) is priced at $7.59, reflecting a 4.55% increase in the last 24 hours and a 28.27% rise over the past week. With a circulating supply of 970 million OM, its market capitalization stands at $7.38 billion.

In terms of trading volume, OM has witnessed a significant surge, recording $459.47 million in the last 24 hours—a 157.90% increase from the previous day. The most active trading pair is OM/USDT on Bybit, with a trading volume of $83.15 million. Other popular exchanges for trading OM include Gate.io and OKX.

Community Engagement & Future Outlook

MANTRA remains active with its community through its unique initiatives like the second season of GenDrop earning MANTRA a significant position within the industry. As the utilization of blockchain increases, MANTRA’s attention to regulatory considerations, compliance, scalability, and interoperability renders them a vital player in the rapidly evolving Web3 ecosystem.

With its solid infrastructure and growing market presence, MANTRA (OM) is positioned to lead the next phase of blockchain adoption within Real World Assets (RWA) and institutional-grade applications.

Additional Tokens Listed Today 

• Gnosis (GNO)—Bithumb
• HU LE ZHI (HULEZHI)—CoinEx.
• 3X Long IP Token (IP3L)—Bitrue.
• NewInvestCoin (NIC)—Biconomy Exchange
• PCHAIN (PI)—LBank.