WATCH

MANTRA (OM)

RWA-focused L1. Regulatory-compliant tokenization. Middle East partnerships.

Ranked 100th of 251 rated tokens. Scoring pass 11 Jun 2026.

Score
108/250
100th of 251
Percentile
60.6%
of the rated universe
Circulating
55.2%
44.8% of value still to vest
Off all-time high
-79.3%
4.8x to recover
MANTRANative L1+108 since last pass
01

What the numbers say

OM scores 108 of 250 across the 25-variable framework, which places it 100th of 251 rated tokens and inside the upper half of the set. The framework verdict is WATCH.

The score rests on TVL Trend 5/10, 30th of 251, Revenue Trend 5/10, 32nd of 251, Institutional Adoption 5/10, 36th of 251 and Real Staking Yield 5/10, 37th of 251.

Against the same universe, OM sits in the bottom third on Circulating / FDV Ratio 4/10, 203rd of 251, Insider Selling 3/10, 201st of 251, Holder Concentration 3/10, 197th of 251 and P/S Multiple 3/10, 182nd of 251. These are the variables that would have to move for the verdict to change.

Only 55.2% of OM's maximum supply is in circulation, so 1.81x the current float is still scheduled to arrive. Holding price per token flat while the rest enters circulation implies 44.8% of the fully diluted value sitting ahead of today's holders. That is a real but manageable overhang.

OM is 79.3% off its all-time high of $0.0263, a 4.8x round trip from here.

The framework score gained 108 points against the previous pass (0 to 108). Revisions of this size follow a change in the underlying variables, not a change in price.

02

25-variable breakdown

Each variable is scored 1 to 10 and ranked against every other rated token, so a 7 that ranks 20th means something different from a 7 that ranks 180th. The rank is the part that is hard to get anywhere else.

Cash flow

Cash flow variables for OM, scored 1 to 10 and ranked against 251 tokens
Protocol Revenue
398th of 251
Revenue Trend
532nd of 251
P/S Multiple
3182nd of 251
Real Staking Yield
537th of 251

Supply

Supply variables for OM, scored 1 to 10 and ranked against 251 tokens
Supply Inflation
4146th of 251
Vesting Schedule
4181st of 251
Circulating / FDV Ratio
4203rd of 251
Buyback and Burn
363rd of 251

Ownership

Ownership variables for OM, scored 1 to 10 and ranked against 251 tokens
Smart Money Flows
548th of 251
Insider Selling
3201st of 251
Holder Concentration
3197th of 251

Traction

Traction variables for OM, scored 1 to 10 and ranked against 251 tokens
TVL Trend
530th of 251
Active Users
491st of 251
Developer Activity
583rd of 251
Network Growth
552nd of 251

Position

Position variables for OM, scored 1 to 10 and ranked against 251 tokens
Market Share
487th of 251
Competitive Moat
4114th of 251
Institutional Adoption
536th of 251
Exchange Depth
573rd of 251
Social Mindshare
541st of 251

Risk

Risk variables for OM, scored 1 to 10 and ranked against 251 tokens
Regulatory Safety
5102nd of 251
Catalyst Calendar
550th of 251
BTC Alpha Potential
445th of 251
Team Execution
574th of 251
Treasury Runway
574th of 251

The vertical tick on each bar marks the median score across all 251 rated tokens, so a bar ending left of the tick is below the universe on that variable.

03

Catalyst and risk

Next catalyst

MANTRA Chain RWA tokenization focus; regulatory compliance and institutional partnerships.

Principal risk

Slow RWA market growth; competition from Ondo, Centrifuge; low liquidity.

04

Market and supply

OM now trades as MANTRA. The scoring pass ran under the old ticker, so the scores below are filed under OM while the market figures track MANTRA.

Price$0.005426
Market cap$30.0Mrank 634
All-time high$0.02634 Mar 2026
Circulating supply5,523,684,281
Eventual supply (max supply)10,000,000,000
Dilution to full supply1.81x
Listed onBinance, Bybit, KuCoin

Price, market cap, supply and all-time high from CoinGecko, fetched 6 Aug 2026. The 25 scores come from the research pass dated 11 Jun 2026 and don't move with price.

05

Tokens with a similar profile

These are the closest matches to OM measured on the shape of all 25 variables after removing overall quality, so what they share is a pattern of strengths and weaknesses rather than a similar size or price.

07

Common questions

What is the Early Thunder score for MANTRA (OM)?
OM scores 108 out of 250 on the 25-variable framework, ranking 100th of 251 rated tokens (upper half). The framework verdict is WATCH.
What are OM's strongest fundamentals?
OM ranks highest on TVL Trend 5/10, 30th of 251, Revenue Trend 5/10, 32nd of 251, Institutional Adoption 5/10, 36th of 251 and Real Staking Yield 5/10, 37th of 251. Ranks are measured against all 251 tokens in the same scoring pass.
What are the weakest parts of the OM thesis?
OM scores in the bottom third of the universe on Circulating / FDV Ratio 4/10, 203rd of 251, Insider Selling 3/10, 201st of 251, Holder Concentration 3/10, 197th of 251 and P/S Multiple 3/10, 182nd of 251. The single risk carried on the scorecard is: Slow RWA market growth; competition from Ondo, Centrifuge; low liquidity.
How much OM supply is still to enter circulation?
55.2% of eventual OM supply is circulating today, leaving 1.81x the current float still to arrive. At a flat price per token that is 44.8% of fully diluted value ahead of current holders.
How far is OM from its all-time high?
OM trades 79.3% below its all-time high of $0.0263. Returning to that high requires a 4.8x move from the level used in this scoring pass.
Which tokens have a similar profile to OM?
Measured on the shape of all 25 scored variables rather than on price, the closest matches to OM are APT (116), SEI (100), SUI (146) and TIA (120). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.
What is the next catalyst for OM?
MANTRA Chain RWA tokenization focus; regulatory compliance and institutional partnerships.

Keep reading

Research and analysis, not investment advice. Scores are one framework applied consistently across 251 tokens, not a prediction of price.