Manta Network (MANTA) is an innovative blockchain platform that prioritizes privacy and scalability for decentralized applications (dApps) through the use of advanced zero-knowledge proofs (ZKPs). Its distinctive dual-layer design—Manta Pacific (Ethereum L2) and Manta Atlantic (Polkadot L1)—sets it apart in the Web3 landscape.
Manta Pacific: EVM-Native ZK Application Layer
Manta Pacific is built specifically for EVM-native Zero-Knowledge applications. It leverages Celestia for data availability and integrates zkEVM for scalability, introducing "Universal Circuits" to simplify ZK application development using Solidity. Its modular architecture ensures low gas fees and high throughput, while providing SDKs and proof keys that enable developers to easily integrate on-chain identity privacy into their dApps.
Manta Atlantic: Compliance-Focused Privacy Layer on Polkadot
As a Layer 1 solution on the Polkadot ecosystem, Manta Atlantic focuses on Zero-Knowledge compliance credentials. It introduces zkSBTs (Zero-Knowledge Simple Barter Tokens) and establishes a "zkAddresses" privacy addressing system that is reusable and auditable. This layer offers strong interoperability, seamlessly connecting with other parachain projects, and supports use cases such as zkNFTs, staking, and various ecosystem applications.
Core Utilities of the MANTA Token
MANTA is the native token of the Manta Network and serves several critical roles: Governance—holders can vote on network upgrades, treasury usage, fee parameters, and elect the Manta Council; Staking—users can lock tokens to secure the network and earn proportional rewards; Fee Payment—used to pay for private transfers, smart contract deployments, and other network operations. Additionally, MANTA is tradable on major exchanges like KuCoin, where users can buy, sell, or participate in pre-market trading.
Investment Highlights and Price History
Founded in 2020 by Victor Ji, Shumo Chu, and Kenny Li, Manta Network has attracted backing from top-tier investors including Binance Labs and Polychain Capital. In 2023, it raised $25 million in a Series A round led by Polychain Capital and Qiming Venture Partners, reaching a valuation of $500 million. As of May 25, 2026, the circulating supply stands at approximately 471 million MANTA out of a maximum supply of 1 billion. The all-time high price is $4.08, while the current price is down ~98% from that peak but up ~49% from the all-time low of $0.05. The network has also conducted airdrops targeting early supporters, active zkApp users, MantaFest participants, and TIA stakers to drive ecosystem adoption.