MANTRA Jumps 33% after MEXC Supports Token Swap
The Defiant
by SquiffsFebruary 13, 2026
AI-Generated Deep Dive Summary
Mantra's OM token has seen a significant rebound after MEXC announced its support for a token swap, leading to a 33% increase in value. The move follows Mantra's rebranding efforts and comes as the protocol aims to recover from a dramatic 90% drop in OM's price last year. MEXC will allow users to deposit OM tokens at a 1:4 swap ratio to MANTRA, boosting liquidity and market activity. This development has already increased Mantra's market capitalization from $55 million to $72 million, signaling renewed interest in the project.
The token swap is part of Mantra's broader strategy to reposition itself after its previous collapse. While OM has rallied significantly since MEXC's announcement, it remains down 99% from its all-time high of $8.5 in February 2025, currently trading at $0.06. Despite this rebound, the token still faces challenges, including skepticism from investors who may view the project as a risky bet. However, the support from MEX
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Originally published on The Defiant on 2/13/2026