Dune data shows that the asset pledge value TVL on the New Paradigm chain, Manta Network’s income product, has exceeded US$400 million. New Paradigm currently has 141,306 ETH pledged and 72,857,902 USDC pledged, and it continues 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, 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.