DUBAI, UAE, Dec. 3, 2025 — Bybit, Mantle and Aave, in a TokenLogic-led strategic collaboration, announced a partnership to broaden institutional access to decentralized finance and unlock on-chain liquidity at scale.
Aave will launch its decentralized lending protocol on Mantle Network, an EVM-compatible, high-performance Layer-2 built for low-cost, high-throughput activity and real-world asset integrations. The deployment is intended to let users supply, borrow, and interact with tokenized assets within Mantle’s expanding DeFi, RWA, stablecoin, and restaking ecosystems.
Bybit will serve as the Global Liquidity Bridge, connecting centralized exchange liquidity with Mantle’s on-chain markets. The partners say this linkage could eventually include asset listings and on-chain yield products on Bybit, subject to regulatory clearance and market conditions.
Benefits and incentives
Aave on Mantle aims to enable more scalable, composable DeFi strategies and new liquidity corridors for retail and institutional participants. Mantle’s Layer-2 reduces fees and latency while supporting higher transaction volumes. Bybit’s global exchange infrastructure complements this by supplying off-chain liquidity, collateral management capabilities, and distribution to a large international user base.
The collaboration will introduce MNT-based incentive programs within Aave pools to reward early participants, promote asset utilization, and accelerate liquidity formation across Mantle’s ecosystem.
Leadership perspectives
Emily Bao, Key Advisor at Mantle, said the tie-up brings together Aave’s liquidity engine, Mantle’s performance layer, and Bybit’s market reach to bridge centralized and decentralized markets and make DeFi more accessible worldwide.
Stani Kulechov, Founder of Aave Labs, highlighted that deploying Aave on Mantle with direct access to Bybit’s distribution connects institutional-grade infrastructure to continuous, on-chain liquidity, enabling transparent finance at global scale.
Matthew Graham, Founder & CEO of TokenLogic, described the integration as a milestone for expanding protocol reach across high-throughput networks and unlocking new liquidity sources for users.
A unified on-chain finance effort
The three-way collaboration aligns Aave’s protocol security, Mantle’s execution performance, and Bybit’s distribution to support a more integrated, liquid, and accessible on-chain financial system. The partners aim to lower friction for builders, retail users, and institutions and to accelerate DeFi adoption by providing a more connected environment for capital movement between centralized and decentralized venues.
About Mantle
Mantle is positioned as a distribution and liquidity layer for on-chain access to real-world assets and institutional flows. The ecosystem reports over $4B in community-owned assets and is anchored by the MNT token within Bybit. Notable ecosystem projects include mETH, fBTC, MI4, and partnerships with issuers and protocols such as Ethena USDe, Ondo USDY, OP-Succinct and EigenLayer. More: mantle.xyz
About Bybit
Bybit is one of the world’s largest cryptocurrency exchanges by trading volume, serving more than 70 million users since 2018. Bybit focuses on Web3 infrastructure, custody solutions, diverse marketplaces, and tools that bridge TradFi and DeFi. More: bybit.com
About Aave
Aave is a decentralized lending and borrowing protocol with roughly $55 billion in deposits and about $23 billion in active loans, governed by AAVE token holders. Aave enables savings, borrowing, and swaps through transparent smart contracts. More: aave.com
About TokenLogic
TokenLogic offers non-custodial asset management and on-chain growth solutions, specializing in treasury strategies, protocol analytics, and GHO growth initiatives as an Aave Service Provider. The firm builds smart-contract strategies to help users and institutions access yield and liquidity while maintaining asset control.
