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Cryptocurrency News Articles

Mantle Network Debuts Funny Money as Flagship AI Agent Launchpad & DeFAI Terminal, Revolutionizing Autonomous Trading

Feb 18, 2025 at 07:33 pm

With a $4B treasury, Funny Money marries AI agent capabilities with DeFi to redefine trading dynamics while engaging the community.

Mantle Network, a top 5 Ethereum layer 2 (L2) with over $1.65B in total value locked (TVL), today announced the launch of Funny Money, its flagship artificial intelligence (AI) agent launchpad and DeFAI terminal.

With a $4B treasury, Funny Money marries AI agent capabilities with DeFi to redefine trading dynamics while engaging the community.

Mantle Network’s Layer 2 is renowned for nurturing successful protocols and decentralized applications (dApps), with the ecosystem now boasting over 250 active projects. Backed by the $4B Mantle Treasury, one of the largest community-owned treasuries in DeFi, Funny Money benefits from the same infrastructure and support that has attracted major ecosystem partners, such as Bybit.

Together with Funny Money’s platform launch, Mantle Network will also be introducing an initiative that aims to harness the virality of meme culture.

“Funny Money represents a fundamental shift in how we think about DeFi infrastructure,” said Gabriel Foo, DeFi Growth Lead at Mantle. “By combining AI agent capabilities with robust trading functionality and community-driven growth mechanisms, we are creating an entirely new category of financial infrastructure that empowers developers and traders. With Mantle’s substantial treasury backing and our thriving ecosystem of over 250 projects, AI-powered trading is now accessible to everyone while maintaining the highest standards of security and performance.”

Funny Money’s launch marks a pivotal chapter in Mantle’s mission to propel DeFAI in the next wave of on-chain finance. Through this strategic initiative, Mantle continues to demonstrate its dedication to supporting projects that drive meaningful advancement across web3.

About Mantle

Mantle is building the largest sustainable hub for on-chain finance. Through its core products — Mantle Network, mETH Protocol, and 𝑓BTC — Mantle is unlocking the future of finance by blending institutional expertise with the transformative power of blockchain. Anchored by the Mantle Treasury, the largest community-owned treasury in the ecosystem, Mantle ensures robust liquidity and financial stability. With over $4.3 billion in assets, it actively funds core product development and fosters the growth of asset partners, such as Agora AUSD, Ethena USDe, Ondo USDY, and EigenLayer restaking, enhancing sustainable yield, deep liquidity, and financial utility on the Mantle Network.

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Other articles published on Feb 21, 2025