The asset pledge value TVL on the New Paradigm chain, Manta Network's income product, has exceeded 610 million US dollars. The current actual TVL has surpassed zkSync Era, dYdX, Linea, Starknet, and Mantle, ranking 5th among all Layer 2s, only 17 million US dollars away from Base. New Paradigm currently pledges 218,588 ETH and 109,375,720 USDC, and is still rising.
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, including ETH, USDC fixed income, MANTA token airdrops, ecological project rewards, etc. 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.