Bybit: Mantle Vault's accumulated assets surpass $150 million.

AI Summary1 min read

TL;DR

Bybit's Mantle Vault, launched in December, has accumulated over $150 million in assets in just over a month. It offers a market-neutral strategy with annualized returns of 5%-25% depending on market conditions.

Tags

Tether USDtUSDCMantleLayer 2StablecoinBybitMantle Vaultstablecoinon-chain vaultasset management

According to ChainCatcher , Bybit's On-Chain Earn's first stablecoin on-chain vault asset management product, Mantle Vault, was officially launched on December 22. Within just over a month of its launch, the accumulated funds exceeded 150 million USDT.

This high-yield stablecoin investment product adopts a market-neutral strategy, demonstrating significant appeal in uncertain market conditions: USDT/USDC targets an annualized return of 5%–10% during bear markets and 10%–25% during bull markets (actual returns vary with market conditions).

Visit Website