Launch
FusionX V2 emerged as the next-gen trading layer on the Mantle Network, aiming to bring AMM speed and simplicity to a chain built for efficiency. Designed to harness Mantle’s low gas costs and fast throughput, FusionX V2 became the go-to DEX for the ecosystem.
Ecosystem
The platform isn’t just a swap engine. FusionX supports concentrated liquidity pools, tiered fee choices (0.01%, 0.05%, 0.25%, 1%), and allows users to pick active price ranges for maximal fee earning. Features include yield farms, veFSX locking for revenue share and governance, voting incentives, Smart Router and Zap tools, and future plans for perpetual markets and a launchpad.
Performance
Today, FusionX V2 is active but modest in scale. TVL stands around 44,500 USD in Mantle-native liquidity. Swap volume hovers near 250 USD per day. Fees collected are minimal, with no reported holder earnings in recent days. Despite the scale, it remains Mantle’s most used DeFi bridge and swap venue.
Risks & Strengths
Strengths
- Built natively for Mantle – ultra-low fees and fast execution
- Concentrated liquidity and tiered fees for LP efficiency
- veFSX locking aligns users via governance and revenue share
- Advanced tools like Smart Router and Zap improve usability
- Integrated across swaps, farms, yield, and voting mechanics
Risks
- Little liquidity means high slippage and thin markets
- Swap volume and earnings are tiny
- AMM and governance systems carry smart-contract and oracle risks
- Reliance on Mantle’s ecosystem – if it falters, so does FusionX V2
- Lack of derivatives or advanced instruments may limit use
Final Thoughts
FusionX V2 represents a layered DeFi experiment tailored for Mantle. It brings AMM precision, multi-tiered liquidity, incentives, and governance into a compact package. The mechanics are innovative, but volume and value locked remain small. If Mantle grows, FusionX V2 could ride that wave into wider adoption. For now, it functions as a niche but capable DeFi venue.