Bybit Enhances MNT Functionality For Institutional Clients
John: Hi everyone, I’m John, your go-to tech blogger for all things Web3, metaverse, and blockchain on this site. Today, we’re diving into Bybit’s recent move to enhance functionality for Mantle (MNT) aimed at institutional clients—think big players like funds and firms in the crypto space. I’ll break it down step by step with my assistant Lila, keeping things clear and based on the latest facts from 2025-09-10 announcements.
Lila: That sounds exciting, John! Readers are probably wondering how this update changes things for serious crypto traders. Can you start by explaining what Bybit and MNT are all about?
The Basics of Bybit and Mantle (MNT)
John: Absolutely, Lila. Bybit is a major cryptocurrency exchange, currently the world’s second-largest by trading volume as of 2025-09-10. It lets users buy, sell, and trade digital assets like Bitcoin and Ethereum.
Lila: Okay, got it. And what’s MNT? I’ve heard the term but need a simple breakdown.
John: MNT stands for Mantle, which is a token tied to the Mantle Network—a layer-2 blockchain built on Ethereum for faster, cheaper transactions (layer-2 means it sits on top of Ethereum to improve speed and cost). In the past, MNT was mainly used for governance and staking within its ecosystem, but Bybit is now expanding its role specifically for institutional clients.
Lila: Makes sense—faster and cheaper sounds practical. How has this evolved over time?
John: In the past, like before 2025, Bybit focused on retail traders, but they’ve been shifting toward institutions. Currently, as of 2025-09-11, this MNT enhancement builds on their roadmap announced on 2025-09-01, aiming for mass adoption.
Background on the Enhancement
Lila: So, what exactly happened with this update? I saw something about it launching recently.
John: On 2025-09-10, Bybit announced an exclusive benefits program integrating MNT for institutional clients. This came right after their “Mantle × Bybit Roadmap” reveal on 2025-09-01, which outlined plans to expand MNT’s utilities. It’s all about making MNT more useful in trading and lending on the platform.
Lila: Institutional clients—does that just mean big companies? And why focus on them now?
John: Yes, institutions are large entities like hedge funds or banks handling big volumes. In the past, crypto was more retail-driven, but currently, with regulations tightening, institutions need tailored tools. Bybit’s move addresses that by enhancing MNT for things like collateral in loans.
Lila: Collateral? Can you define that quickly?
John: Sure—collateral is an asset you put up to secure a loan, like pledging your car for a bank loan (but here it’s digital tokens). This update lets institutions use MNT more effectively for such purposes on Bybit.
What Changed with the Update
Lila: Alright, let’s get into the details. What specific enhancements did Bybit add for MNT?
John: The key changes include higher leverage options, longer loan terms, and advanced trading features when using MNT. For example, institutions can now access up to extended periods for borrowing against MNT, which wasn’t as flexible before. This was detailed in Bybit’s press release on 2025-09-10.
Lila: Leverage—that’s borrowing to amplify trades, right? How does this help?
John: Exactly, leverage means using borrowed funds to potentially increase returns (but it also increases risks—remember, this isn’t advice). Currently, Bybit offers enhanced leverage specifically for MNT pairs, making it easier for institutions to manage large positions.
Lila: Any numbers or examples to make this concrete?
John: From the announcements, loan terms can now extend beyond standard limits, say from weeks to months depending on the setup. It’s designed for efficiency in high-volume trading.
Benefits for Institutional Clients
Lila: Sounds like a win for big players. Can you list out some practical benefits?
John: Definitely. Here’s a quick list of key perks based on the 2025-09-10 update:
- Increased leverage: Institutions can borrow more against MNT holdings, allowing for larger trades without tying up as much capital.
- Extended loan durations: Loans can last longer, giving more flexibility for long-term strategies.
- Advanced tools: Features like better risk management and automated trading integrations tailored for MNT.
- Exclusive access: Only verified institutional accounts get these, promoting secure, large-scale operations.
Lila: Nice list—that’s helpful. Is this available everywhere, or are there restrictions?
John: Compliance varies by jurisdiction, so users should check official Bybit docs and local regulations before diving in. It’s currently rolled out globally where Bybit operates, as of 2025-09-11.
Current Landscape and Use Cases
Lila: How does this fit into the bigger crypto picture right now?
John: Currently, with crypto adoption growing in 2025, exchanges like Bybit are competing by catering to institutions. For use