Mantle Vault Expands Into DeFi to Democratize Institutional Yield

The expansion marks a significant shift for the protocol, which previously restricted its vault to the Bybit ecosystem, where it secured over $200 million in assets under management. With total value locked in real-world assets on the network surging from $22 million to $257 million over the past year, the move reflects a broader ambition to move complex financial strategies out of institutional silos. Users can now deposit USDC and USDT directly into the vault to capture variable yields derived from Sky Protocol’s sUSDS token.

The technical architecture relies on a multi-layered approach: Grove provides the underlying capital foundation through its integration with the Sky Savings Rate, while CIAN manages the non-custodial yield infrastructure. Fluxion serves as the liquidity layer, facilitating user access and rewarding participants with additional points. To drive adoption, Mantle has introduced an incentive program featuring 5.14 million GROVE tokens, targeting an annual percentage yield of up to 6.5%. While these rates remain subject to market fluctuations, the protocol positions this vault as a transparent, non-leveraged alternative for investors seeking exposure to tokenized assets without the need for intermediary gatekeepers.