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  1. Home
  2. Projects
  3. Mantle
  4. Vs
  5. TON

Mantle vs TON

Compare Mantle and TON on TVL, fees, revenue and activity to understand how these projects stack up.

$87.79M
Mantle is a modular Ethereum Layer‑2 that decouples execution, data availability and settlement, using Optimistic rollup proofs on Ethereum mainnet and EigenDA for cheap blob‑based data. Its BitDAO‑backed treasury subsidises sequencer fees, keeping swaps under $0.05 even during L1 congestion. The network went live in July 2023 and now hosts over 150 dApps including the Mantle DEX and Fusion perpetuals.
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$64.68M
The Open Network (TON) is a sharded Layer‑1 originally designed by Telegram, featuring dynamic workchains and instant cross‑shard consensus through the Vertical Blockchain mechanism. The TON Storage and TON DNS services extend functionality beyond payments, whereas the Tap‑to‑Transfer feature has onboarded millions of Telegram users. A 2025 governance vote approved jetton fee burns to make TON mildly deflationary.
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Key Metrics Comparison

Mantle
TVL
$87.79M
24h Volume
$25.71M
24h Fees
$9.5K
24h Revenue
$4K
30d Fees
$2.42M
30d Revenue
$850.4K
7d TVL Change
-20.80%
Dominance
0.04%
TON
TVL
$64.68M
24h Volume
$1.33M
24h Fees
$5.2K
24h Revenue
$998
30d Fees
$360.4K
30d Revenue
$82.9K
7d TVL Change
-9.07%
Dominance
0.03%

Category Performance

Visual comparison across key categories. Ring fill represents relative strength or share between the two assets.

TVL Share

Share of combined TVL

TVL Share
Mantle
57.6%
TON
42.4%

Volume Share

Share of combined 24h volume

Volume Share
Mantle
95.1%
TON
4.9%

Fees Share

Share of combined 24h fees

Fees Share
Mantle
64.6%
TON
35.4%

Revenue Share

Share of combined 24h revenue

Revenue Share
Mantle
79.9%
TON
20.1%

7d TVL Performance

TVL change over last 7 days

7d TVL Performance
Mantle
-20.80%
TON
-9.07%

Dominance

Market dominance by TVL

Dominance
Mantle
0.0%
TON
0.0%
TVL Comparison
Mantle
TON