Deep Dive
1. MultiVM Blockchain Launch (17 September 2025)
Overview: MANTRA upgraded its mainnet to natively support EVM and CosmWasm smart contracts, enabling developers to build RWA applications using Solidity or Rust.
This makes MANTRA the first Layer 1 chain with dual-VM compatibility tailored for real-world assets. The upgrade included protocol-level regulatory checks for compliance-ready tokenization. Developers can now deploy Ethereum-native dApps without code changes while accessing Cosmos IBC interoperability.
What this means: This is bullish for MANTRA because it broadens developer adoption and positions the chain as a hub for institutional-grade RWA projects. Simplified cross-chain liquidity could attract more asset issuers.
(Source)
2. LotusDex Deployment (27 November 2025)
Overview: MANTRA launched LotusDex, a native DEX using Proof-of-Contribution for liquidity rewards and compliance-ready trading.
The exchange supports swaps, yield farming, and RWA-backed pools with mantraUSD as the base stablecoin. Its consensus mechanism prioritizes users who stake OM and provide liquidity, aligning incentives with long-term ecosystem growth.
What this means: This is neutral for OM in the short term, as it introduces new utility for the token but faces competition from established DEXs. However, RWA-focused liquidity pools could differentiate MANTRA’s DeFi ecosystem.
(Source)
3. ERC-20 Migration Infrastructure (15 January 2026 Deadline)
Overview: MANTRA finalized code for its one-way bridge to phase out ERC-20 OM tokens, requiring holders to migrate to the native chain.
The bridge uses a "Mirror Bucket" mechanism to lock Ethereum-based OM while minting equivalent tokens on MANTRA Chain. Unmigrated tokens after the deadline will be managed by the MANTRA Chain Association.
What this means: This is bearish for short-term liquidity due to forced migration pressure but bullish long-term by consolidating OM’s use within its own ecosystem. Traders should monitor exchange support for seamless transitions.
(Source)
4. Google Cloud RPC Integration (16 July 2025)
Overview: MANTRA’s mainnet RPC node went live on Google Cloud Marketplace, offering developers high-uptime access to chain data.
The integration provides tools for deploying smart contracts, querying real-time analytics, and building compliant RWA applications. It leverages Google’s global infrastructure for low-latency node performance.
What this means: This is neutral for OM’s price but bullish for developer activity, as enterprise-grade infrastructure lowers barriers to building on MANTRA Chain.
(Source)
Conclusion
MANTRA’s codebase updates emphasize institutional readiness through MultiVM flexibility, compliant DeFi tools, and enterprise infrastructure. While OM faces near-term migration headwinds, its focus on RWA tokenization and cross-chain interoperability positions it for specialized adoption. Will LotusDex’s Proof-of-Contribution model attract sustainable liquidity in a crowded DEX market?