Mantle Network Collaborates with IntentX to Improve Liquidity and Trading
Mantle Network, a web3 ecosystem led by a DAO and built around Ethereum layer 2 (L2) and the Ether liquid staking protocol Mantle LSP, has revealed a strategic partnership with IntentX, a decentralized exchange (DEX) for next-generation OTC derivatives. The objective of this collaboration is to improve the liquidity and trading experience for users within the Mantle ecosystem.
In summary, Mantle Network has joined forces with IntentX, a DEX designed to serve as the native flagship perpetual futures exchange for Mantle Network. IntentX will offer 261+ trading pairs, with 85% of platform revenue being distributed back to $INTX stakers. Additionally, IntentX has received seed investment from Mantle EcoFund and a grant of 250,000 $MNT to incentivize its traders and users.
$INTX will be implemented on Mantle to enrich liquidity and promote integration within the Mantle Ecosystem. IntentX is also working on a custom account abstraction solution to enable one-click trading using web2 log-in methods.
This partnership is expected to benefit Mantle users, as they will have access to a wide range of perpetual pairs and the opportunity to earn 20x Sats per $USDe deposit up to a $10 million cap.
$xINTX, the staked form of $INTX, plays a key role as the project’s main utility and value capture mechanism. With a commitment to distributing 85% of IntentX’s revenue to $INTX stakers, the platform aims to prioritize value capture and create sustainability for its community of long-term holders. An exclusive airdrop event for users and early supporters will also be launched alongside the $INTX token release.
IntentX is also developing a custom account abstraction solution with gas management, enabling Mantle users to access one-click trading using conventional web2 log-in methods. The platform’s intent-based architecture ensures competitive quotes and minimal slippage, bridging the gap between decentralized trading and CEX liquidity.
To further incentivize sustained on-chain liquidity, IntentX traders will be able to earn daily $xINTX rewards through its Trade to Earn program. The platform also has plans to announce a special token generation event (TGE) following its deployment on Mantle Network.
