Perpetual Futures on Mantle

Mantle is an Ethereum L2 backed by BitDAO's treasury and built using a modified OP Stack that separates data availability (using EigenDA rather than Ethereum calldata). This architecture reduces transaction costs further than standard OP Stack chains by avoiding Ethereum's expensive data availability layer for most operations.

Orderly on Mantle

Orderly Network lists Mantle among its seventeen supported chains. As with other Orderly multi-chain deployments, Mantle provides a settlement surface for Orderly-powered frontend applications. The 0 basis point maker fee and 3 basis point taker fee structure applies regardless of which chain the user settles on.

PerpFinder tracks Orderly's volume in aggregate across its chain deployments. Mantle-specific volume is not broken out separately in the data we receive from DefiLlama, but the chain's overall TVL sits around $1.5-2 billion as of mid-2026, driven substantially by lending protocols and yield products rather than perp DEX volume.

The EigenDA data availability choice

Mantle's use of EigenDA for data availability is technically notable. Standard OP Stack chains post transaction data to Ethereum calldata, which is secure but expensive. EigenDA is a separate data availability layer operated by Ethereum validators who have opted into additional duties via EigenLayer restaking. The security assumption is that a sufficient fraction of those validators remain honest and available.

L2Beat's Mantle page provides a detailed security breakdown. The short version: Mantle inherits less Ethereum security than a standard OP rollup because the data availability layer is separate from Ethereum's core consensus. This is an acceptable tradeoff for most applications but worth understanding for high-stakes perp positions.

Gas cost profile

Transaction costs on Mantle are low — comparable to or slightly below Base and Arbitrum. The EigenDA data availability model is the primary cost driver. During normal operation, a perp order costs under $0.05. The Mantle documentation describes the fee model.

Why Mantle has not attracted a flagship perp DEX

Mantle's backing from the BitDAO/mntDAO treasury gave the chain early financial resources, but financial backing does not translate directly to perp DEX developer adoption. The chain's DeFi activity has centered on yield products and lending. Without a major perp DEX choosing Mantle as a primary deployment, the chain's perp market share remains tied to Orderly's infrastructure-layer presence.

See current Orderly data at /perps/orderly or compare chain options at /perps.