RWA track grows by 27% + Treasury reduces holdings to 90%, Mantle is making moves.

CryptoWorld News, citing Messari, reports that Mantle hit an all-time high in DeFi total value locked (TVL) in the first quarter of 2026, reaching $648 million, up 282.7%. Of this, AAVE V3 expanded from zero to $547 million; RWA TVL grew 27.4% to $248 million, mainly driven by Maple’s SyrupUSDT and XStocks. Mantle Vault’s TVL reached $221 million in the first quarter. Mantle Treasury decreased 25.1% to $2.4 billion, and by consolidating MNT through a $127 million MI4 holding, MNT concentration was reduced from 94.3% to 90%. 87% of activity comes from returning addresses, with transaction volume per address increasing from 8.4 to 14.7.