Mantle launches a global five-month hackathon with a $150,000 prize pool.

The Mantle blockchain network has officially launched its first-ever global hackathon, inviting creators and developers to develop innovative blockchain solutions through an online competition lasting five months. Kicking off on October 22 and running until February 7, 2026, the event features a prize pool of up to $150,000 for the winning projects.

Open Invitation for Innovators

• The event is open to everyone, from startup teams to solo creators.
• The hackathon runs until February 7, 2026.
• Winners will share in a prize pool of $150,000.

The hackathon welcomes enthusiasts worldwide, with support from renowned developer ecosystems like HackQuest and OpenBuild, which will provide tools, exposure to new projects, and mentorship opportunities.

Building Solutions for Real-World Problems

Mantle has outlined its expectations for participants to develop relevant products that address real user challenges. The evaluation process will focus on five key pillars: scalability, product design, technical execution, Mantle integration, and market potential. The Mantle team has emphasized the importance of market usability over flashy demos, noting:

“Build what lasts, not just trends. Focus on execution, user-friendliness, and real-world relevance. Above all, solve user needs.”

Participants have ample time to design and refine their innovative projects, with registration and building phases starting this month. Winners will be announced in February.

Timeline for Participation

The key dates for the hackathon are as follows:

▫️ Oct 22 – Dec 31: Registration
▫️ Oct 22 – Jan 5: Build period
▫️ Oct 22 – Jan 15: Submission period
▫️ Jan 15 – Jan 31: Review & community voting
▫️ Feb 1: Demo Day
▫️ Feb 7: Winner announcement & incubation kickoff

Participants will have sufficient time to plan, test, and perfect their ideas before presenting to a diverse jury made up of prominent blockchain figures, including 0x Todd, Trustless State, and Notaciccap, each boasting experience in venture capital, DeFi innovation, and product development.

Mantle and Bybit: Focused on Real-World Solutions

This five-month hackathon coincides with Mantle’s current alliance with the centralized exchange Bybit, aimed at merging liquidity providers, real-world assets, and developers. Together, they seek to democratize the on-chain finance industry, valued in the trillions of dollars. This initiative aligns with Mantle’s mission to extend beyond being just a blockchain network and to cultivate an international developer community to accelerate financial innovation.

MNT Token Price Outlook

Currently, the native token of Mantle, MNT, reflects broader market sentiments. It has seen a nearly 10% drop in value over the past 24 hours, trading at $1.64.

The decline in daily trading volumes suggests a waning interest from traders, with bear market pressures affecting cryptocurrency prices across the board. Overall, the total value of digital tokens has fallen by 5% in the last 24 hours, attributed to trade tensions and other market factors. Nonetheless, analysts remain optimistic, forecasting significant rebounds in Q4 and into 2026. The ongoing hackathon is expected to help boost the utility and trading volumes of MNT in the forthcoming months, potentially stabilizing its price performance.