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Derivatives and mapped ecosystem data, with source timings and coverage.
MANTRA is a layer 1 blockchain built for tokenizing real-world assets (RWAs) such as funds, bonds and property, with tools for meeting regulatory requirements built into the chain. OM was its native token for staking and gas. On 2 March 2026 the token was redenominated at 1 OM to 4 MANTRA and its ticker changed from OM to MANTRA, so older references to OM and current references to MANTRA describe the same asset.
According to the official documentation, MANTRA Chain is an EVM-compatible layer 1 designed for decentralized finance and RWA tokenization, and "compliance-ready" for requirements such as KYC/KYB, transaction monitoring (KYT) and validator checks (KYV). The project's tagline is "Bringing the World's Financial Ecosystem Onchain". The wider ecosystem includes MANTRA Finance, which the docs describe as a UAE-licensed Virtual Asset Service Provider, the MANTRA Zone staking portal and mantraUSD, a stablecoin the docs describe as Treasury-backed.
The token background page says OM launched as an ERC-20 token on Ethereum in August 2020 with a hard cap of 888,888,888, as part of a DeFi project that later pivoted to real-world asset tokenization. The MANTRA Chain mainnet went live on 10 October 2024 with OM as its native staking asset from genesis. ERC-20 OM holders received an extended migration window, and the Ethereum-based token was officially deprecated on 15 January 2026. On 2 March 2026 the token underwent what the docs call a non-dilutive 1:4 split with a ticker change to MANTRA, raising the hard cap to 10 billion units; holders did not need to take any action. The individual founders are not named in the documentation pages reviewed.
MANTRA Chain is built with the Cosmos SDK, uses CometBFT for consensus and IBC for cross-chain messaging, and adds an EVM module. After the v5.0.0 upgrade the docs describe full EVM compatibility, so Solidity contracts can be deployed without modification. Precompiles let EVM contracts call native Cosmos SDK modules (such as staking or token creation), and messages in a transaction succeed or fail together. Users can move MANTRA between Cosmos-format and EVM-format accounts on the same chain.
The tokenomics page lists a genesis supply of 1,777,777,776 OM (before the split) allocated as: 67.5% OM upgrade (50% for existing OM plus 17.5% upgrade incentives), 16.9% core contributors, 12.8% MANTRA Chain Association (ecosystem, pre-seed, seed) and 2.8% airdrops. Core contributors have a 30-month cliff followed by 30 months of linear vesting. A governance proposal reduced inflation to 3%. The post-split maximum is 10,000,000,000 MANTRA.
MANTRA's pitch is "a permissionless blockchain for permissioned applications": anyone can use the chain, but asset issuers can require identity checks at the chain or contract level. Combining a Cosmos SDK base with full EVM support also gives it access to both Cosmos interoperability and Ethereum developer tooling.
Compared with Ondo Finance, which issues tokenized Treasury products that run on existing chains, MANTRA is itself a base layer for many issuers. Polymesh is also a compliance-focused layer 1 but is not EVM-based, while Centrifuge focuses on credit and asset pools. General Cosmos chains such as Injective target trading rather than regulated asset issuance.
Security comes from delegated proof of stake with CometBFT consensus, where validators stake the native token and can be penalized for misbehavior. Governance can approve or cancel software upgrades. The docs also maintain a list of canonical ERC-20 contracts so users can tell trusted token contracts from impostors.
Tokenized real-world assets are one of the areas where traditional finance and blockchains overlap most directly. MANTRA is one of the few layer 1s designed specifically for that niche with compliance tooling at the protocol level.
The token trades on centralized exchanges and on decentralized venues, including the native MANTRA Dex. Because of the redenomination, exchanges may list it as MANTRA; check that your exchange has completed the transition before depositing.
Exchange listings are not documented on the official pages reviewed, and support for the post-split MANTRA ticker and native network deposits varies. Confirm directly with the exchange.
The docs support Keplr for Cosmos-format addresses and EVM wallets (such as MetaMask) for EVM addresses on MANTRA Chain. Staking can be done through MANTRA Zone. Transactions can be checked on Mintscan or Mantrascan.
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Circulating: 5,042,747,152. Total: 7,170,438,812. Max: N/A.
Cosmos Labs has disclosed that attackers exploited a critical Cosmos EVM vulnerability across six blockchain networks between Aug. 20 and Aug. 25, converting stolen tokens into about $5.72 million in assets through decentralized and centralized exchanges. Cosmos Labs said in…
MANTRA Chain, which lost $3.6 million, claimed the patch was only released 20 hours before the attack began and did not identify the flaw it fixed.
KiiChain said an attacker drained about 148.3 million KII across 18 repeated moves, while the TAC and MANTRA networks also paused block production.
Cosmos Labs urged EVM chains to halt as incidents hit MANTRA, TAC and KiiChain, with a detailed Cosmos report still pending.
MANTRA Chain has resumed block production after deploying version 8.4.0 to fix a Cosmos-EVM vulnerability that kept its mainnet unable to process transactions for about 30 hours. MANTRA Chain said in an Aug. 22 post that its mainnet was producing…
The RWA-focused chain halted block production while developers prepare a patched release, with the full impact still unknown.
