Dune data shows that New Paradigm TVL has exceeded US$69 million, with 24,759 ETH pledged, an increase of 40.1%, and 14,178,066 USDC pledged, an increase of 109.1%. According to L2beat data, Manta Pacific’s overall TVL exceeded US$81 million, an increase of 144.61%. Currently, New Paradigm has attracted the attention of communities in South Korea, Turkey and other countries, and social media popularity and Google trends continue to rise.
New Paradigm is a revenue product launched by Manta Network using the Blast model. Users pledge ETH and USDC to Manta Pacific, invite friends to participate, and receive five benefits, namely fixed income of ETH and USDC; treasure chest NFT rewards that can be exchanged for MANTA tokens; participate in DeFi, SocialFi, GameFi, etc. in the Manta Pacific ecosystem Composability rewards obtained; additional rewards provided to users by the Manta Pacific ecological project; Restaking rewards provided by Eigenlayer.
Manta Pacific is an Ethereum modular Layer 2 designed for ZK applications launched by Manta Network. It has received over US$60 million in financing from Polychain, Binance labs, CoinFund, SevenX Ventures and other institutions.