Bybit Discount Buy: Get MNT below market price
MNT is the native token of Mantle Network, a fast-growing Ethereum (ETH) Layer 2 that’s shifting from an OP Stack start toward a zero-knowledge (zk)–settled future using Succinct SP-1 and EigenDA for data availability. This combination delivers lower fees, faster finality and a developer stack designed for real liquidity use cases.
At Bybit, MNT is more than a gas or governance token. You can trade it on Spot and Perp markets, stake or subscribe through Earn, fund spending with your Bybit Card and join token launches via Launchpool and Megadrop.
One feature that stands out for accumulation is Discount Buy. It lets you subscribe to purchase select coins below the market price at settlement. MNT is special here, because there’s no knockout limit — that is, you always receive MNT at the preset discounted price at maturity while retaining the token’s utility during lock-up.
This guide explains MNT, describes how Discount Buy works, and tells you why the MNT setup is different, whom it suits and how to subscribe — step-by-step.
Key Takeaways:
MNT is Mantle Network’s governance and utility token, powering over 200 decentralized applications (DApps).
Bybit’s Discount Buy protects principal — and in the case of MNT, no knockout means guaranteed discount.
Mantle Network’s road map targets liquidity chain growth with RWAs and zk settlement.
MNT token basics and tokenomics
Mantle Network launched MNT in July 2023 after rebranding from BitDAO (BIT). The community approved this migration through proposals BIP-21 and MIP-22.
Supply: Capped at 6.21B MNT, with ~3.25B circulating as of September 2025.
Allocation: 51% released at launch and 49% allocated to the Mantle Treasury, which funds network growth and incentives. Treasury spending requires governance approval.
Governance: MNT holders vote on changes to Mantle’s products and operations, following a hybrid off-chain and on-chain process.
Utility: Used for transaction fees on Mantle Network, for collateral in lending protocols and for base trading pairs on decentralized exchanges (DEXs), such as Uniswap and Merchant Moe.
CeFi adoption: On Bybit, MNT is traded on the Spot and Perpetuals markets, included in Easy Earn and Advanced Earn, used as a funding source for Bybit Card and central to both Launchpool and Megadrop.
This dual role — governance and utility — makes MNT a rare Layer 2 token with a strong presence across both decentralized finance (DeFi) and centralized finance (CeFi).
What is Discount Buy?
Discount Buy is part of Bybit’s Advanced Earn suite. It lets you accumulate tokens at a preset discounted price, instead of buying them at the full market rate.
The idea is simple:
Choose your purchase price
Lock in your funds for a set period
At maturity, receive either the discounted tokens or your principal back with interest
For most coins, Discount Buy has a knockout price. If the market price at settlement is above that level, you don’t receive the token — instead, you get your principal back with interest.
MNT is different. With no knockout restriction, you always receive MNT at the discounted price once your plan matures.
This makes Discount Buy attractive for:
People looking to accumulate MNT efficiently
Investors seeking lower-risk exposure with upside potential
Beginners and experienced traders who want predictable entry points
How Discount Buy works for MNT
MNT’s unique advantage in Bybit’s Discount Buy is the absence of a knockout limit. You’re guaranteed to receive MNT at the preset discounted price at maturity, regardless of market movements.
Here’s how it works, step-by-step:
Immediate lock-in: When you subscribe, your funds are instantly converted into MNT at the discounted price.
No knockout limit: Unlike other tokens, MNT is always delivered, regardless of market fluctuations.
Holding benefits during lock-up: Your holdings continue to carry value through governance rights, staking and integration with Bybit products.
For instance, suppose you subscribe at 1.574452 USDT per MNT on Sep 16, 2025, when the market price is 1.69066 USDT. At maturity, you receive MNT at the discounted rate, securing more tokens for the same investment.
This structure makes Discount Buy ideal for long-term holders who want guaranteed discounted entry while enjoying Mantle Network’s broader ecosystem benefits.
Benefits of buying MNT with Discount Buy
Buying MNT through Discount Buy combines the safety of a principal-protected product with Mantle’s growth potential:
Guaranteed discounted entry: Lock in MNT below market price — and get more tokens for less.
Principal protection: Your investment is safeguarded — unlike traditional spot trading.
Upside potential: If MNT’s price rises, your discount advantage widens.
Utility preserved: Even during lock-up, MNT retains value through staking, governance rights and Bybit product integrations.
Comparison: MNT vs non-MNT Discount Buy
Discount Buy works differently for MNT than it does for other tokens, such as BTC, ETH or SOL:
MNT scenario (no knockout limit)
Once your plan matures, you always acquire MNT at the preset discounted price, no matter where the market is trading.
This eliminates the risk of “missing out” due to a knockout condition.
You also retain all the benefits of holding MNT — governance votes, staking rewards and participation in Bybit products like Launchpool, Megadrop and Earn.
Non-MNT scenario (knockout applies)
For most tokens, you don't get the token if the settlement price is equal to or higher than the knockout price.
Instead, you receive your initial principal plus APR in USDT, which is safe, but may limit your upside potential.
This scenario suits investors who prefer stability, but can be less appealing for those aiming to build long-term holdings.
Why it matters:
The absence of a knockout guarantees discounted entry for steady MNT accumulation. In contrast, the knockout feature offers protection for other tokens, but doesn’t ensure growth in holdings.
How to subscribe to Discount Buy
Getting started with Discount Buy on Bybit only takes a few minutes:
Log in to your Bybit account.
On the navigation bar, hover over Finance, then select Advanced Earn → Discount Buy.
Use the simulator to explore available plans by coin, purchase price, knockout price (if applicable), APR and duration.
Click on Invest Now for the plan you want.
Enter your investment amount, check all the details and click on Buy Now.
Read the confirmation message, and click on Confirm. Orders take about a minute to process.
To review your active plans:
Click on Orders in the top-right corner, then select Earn Products from the left column.
Choose the Discount Buy tab to view your subscriptions.
Closing thoughts
Bybit's Discount Buy offers a practical, lower-risk way to grow your MNT holdings. Instead of timing volatile swings, you lock in discounted entries that are guaranteed at maturity.
The benefits go beyond entry price. As an MNT holder, you gain governance rights, staking rewards and integration with Bybit's broader ecosystem, including Launchpool, Megadrop and Bybit Card.
For newcomers, Discount Buy provides a simple gateway into Mantle Network without active trading. For seasoned traders, it's a strategic tool for cost-averaging into larger positions while protecting principal.
As Mantle Network expands into RWAs, zk settlement and cross-chain applications, securing discounted MNT today could position you for more substantial upside as its adoption grows.
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