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Mantle’s Q3 Average Daily Active Addresses Rose About 6% From Q2

Daily transactions fell to about 67,500 from 81,000, while Mantle Vault separately expanded into decentralized finance on Aug. 25.

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Raised metal pins stand beside a shorter row of counters / TokenPost.ai
Raised metal pins stand beside a shorter row of counters / TokenPost.ai

Mantle’s average daily active addresses increased about 6% in Q3 from Q2, marking growth in that activity measure without showing a steady climb through all three months.

The network averaged about 1,680 active addresses per day in Q3, up from about 1,590 in Q2. Active addresses peaked in July, so the quarter-over-quarter average does not mean the measure rose continuously through September.

Daily transactions moved in the opposite direction, falling to about 67,500 in Q3 from about 81,000 in Q2. The figures show a rise in average daily active addresses alongside a drop in daily transactions.

During Q3, Mantle Vault expanded its focus on tokenized equities. Separately, Mantle Vault expanded into decentralized finance (DeFi) on Aug. 25, accepting USDC and USDT0.

The Q3 address comparison adds activity data to Mantle’s broader tokenized-asset expansion. The address measure does not identify activity in any specific tokenized product.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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