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Bybit and Mantle Announce MNT Utility Roadmap, Boosting Token Price

On August 29, 2025, cryptocurrency exchange Bybit and Mantle unveiled the “Mantle × Bybit Roadmap,” a plan to expand the utility of the MNT token. The new roadmap integrates MNT for transaction fee discounts across various financial services on the Bybit platform, including trading, wealth management, and payments.

This move is designed to benefit both institutional and retail traders by offering real incentives for holding and using the token. The announcement had an immediate impact on the market, with the price of MNT rising by 12% in a single day to a high of $1.39.

Bybit CEO Ben Zhou stated that the roadmap is a new step for native exchange tokens, creating an ecosystem that provides practical benefits to all users.

August 2025, Cryptoniteuae

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Vaibhavv Ali
Vaibhavv Ali

Vaibhavv Ali is the founder and editor of Cryptonite (cryptonite.ae), an independent digital-asset news and analysis publication with a UAE focus. He covers virtual-asset regulation — VARA, ADGM and the UAE Central Bank — alongside real-world-asset tokenization, stablecoins and agentic AI in finance. Every Cryptonite article is human-edited and its sources are linked. He is also a celebrated speaker and host.

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