Decentralized finance (DeFi) still struggles with fragmented liquidity, where users face higher costs, developers must duplicate their efforts across chains, and capital becomes less efficient because every blockchain operates in isolation.
A new Layer 1 blockchain, Mango Network, claims it runs several virtual machines, Ethereum’s EVM, Solana’s SVM, and Facebook’s MoveVM (Multi-VM architecture) on a shared system. This allows it to connect apps and users from different blockchain communities without risky third-party tools.
Mango even launched a major airdrop to reward early users, and its testnet claims to handle more than 297,000 transactions per second due to high-speed performance.
But can a single blockchain link multiple virtual machines, both enable assets to move freely, process extremely fast transactions, and remain secure?
Some followers say Mango will open up access to liquidity and open the world of decentralized finance to everyone in a more connected and useful way, to a wider array of people. Still, critics worry the system is too complex, too new, and potentially so unstable that it becomes increasingly difficult to untangle as it grows.
Why should anyone care about Mango Network?
Mango Network is a newly launched full-chain Layer 1 blockchain that aims to change how developers build and users interact with decentralized applications across different ecosystems.
While traditional blockchains rely on just one type of virtual machine (VM), such as Ethereum’s EVM or Solana’s SVM, Mango supports multiple virtual machines running side by side within a single network.
The company may use Ethereum Virtual Machine (EVM) for Solidity-based apps, MoveVM for applications written in the Move language (originally developed by Meta), and Solana Virtual Machine (SVM) for Rust-based, high-performance programs.
With this unique structure, Mango creates one platform where developers from different blockchains can build apps using their preferred tools.
At the same time, users interact with these products through one account and ecosystem without leaving the platform or going through risky, expensive, and slow bridging processes.
The company gave away 5% of its MGO token supply to early adopters, testnet participants, and contributors through a community-first airdrop that allowed users to trade, stake, or move their tokens as they please before Mango’s Token Generation Event (TGE).
Mango secured $13.5 million in Series B funding in February 2025 for security audits, ecosystem development, developer onboarding, and expanding toolkits to make it easier to build on the network.
Mango’s vision of shared infrastructure, native cross-VM communication, and unified state management could set a new standard for what a blockchain can do.
Why does DeFi struggle with fragmented liquidity?
Each blockchain (Ethereum, Solana, BNB Chain, etc) has its tokens, apps, smart contracts, and user base locked within its network that traps money and assets in silos.
This isolation slows down the entire DeFi economy because money can’t move freely or interact with other ecosystems, and creates multiple small liquidity pools instead of one large, flexible pool of capital.
Users have to use third-party bridges or deal with wrapped tokens that copy the value of the original asset, but come with their risks, just to move assets between chains, like sending tokens from Ethereum to Solana.
Bridges cause huge losses because they’re often slow, expensive, and complicated, and in many cases, they’ve been hacked or broken. In contrast, wrapped tokens can break the connection to the original asset or lose value if the wrapping system fails.
This fragmentation costs developers time and money and splits their user base across different versions of the same application. They must either stick to one chain and limit their audience or rebuild and redeploy their app across multiple chains to reach more users. It also multiplies their workload and adds unnecessary complexity to DeFi building as they must maintain these versions, manage different smart contracts, and track separate liquidity pools.
On the other hand, users must set up different wallets, learn new interfaces, and pay extra fees each time they move money around just to use apps on multiple chains. The struggle creates a broken experience where users feel like they’re jumping between disconnected worlds instead of using one global financial system.
How Mango Network tries to fix liquidity fragmentation
Mango Network connects smart contracts on different VMs through a communication protocol built on OPStack (OP-Mango) that syncs all the VMs and ensures data and events are correctly passed between them.
Developers can mix and match components from different VMs, and users can access a unified experience because cross-chain interactions are faster, smoother, and far more secure.
There’s also no need to sync data across different parts of the chain on Mango’s shared global state across all VMs because every virtual machine (EVM, MoveVM, and SVM) reads from and writes to the same underlying ledger. On top of that, users only need one account to access all dApps and services across all supported VMs.
In addition, Mango allows tokens to move freely and natively within the network through a standardized format for digital assets across all VMs, making wrapping, copying, or bridging unnecessary. Developers can now create more reliable apps, and users can transfer or use their tokens more confidently, knowing they won’t encounter compatibility problems.
Mango’s unified liquidity pools across all VMs allow assets deposited into one protocol to be used instantly by another, even if the apps are written in different languages and built for different VMs.You won’t have to copy funds, bridge tokens, or manually move assets between services because a lending protocol built on EVM can contribute liquidity to a DEX written in MoveVM, and vice versa.
Can Mango’s Network handle the load?
Mango Network says the blockchain can process up to 297,450 transactions per second (TPS) and offer sub-second finality. This means a transaction gets confirmed and finalized almost instantly once a user sends it. Mango could support thousands of decentralized apps and millions of users without suffering from congestion or delays if these numbers prove true on the mainnet.
The network processed over 120 million on-chain interactions in more than 500,000 wallet addresses from token swaps, staking, cross-chain transfers, and decentralized trading through its ecosystem partner, BeingDEX, in just a few weeks during its testnet campaign.
Mango’s parallel execution engine, MoveVM, uses the Move language’s resource-oriented design to process many operations simultaneously rather than waiting for each one to finish before starting the next. Moreover, Solana’s SVM runs on the Sealevel execution engine to provide blazing speeds and high throughput in the Solana ecosystem.
However, testnets may not behave the same way as real economic activity on a live chain because they often involve simulated or incentivized traffic. Mainnet conditions introduce new challenges like malicious behavior, network-wide stress tests, flash loan attacks, and unexpected user spikes that can expose weaknesses in performance or security..
Mango’s true test will come after its Token Generation Event (TGE) and mainnet launch, when real users, real assets, and real market demand begin to flood the chain.
The platform could set a new benchmark for performance in DeFi infrastructure if it can deliver sub-second speeds and high transaction throughput without compromising security, reliability, or developer experience. However, it may need to scale back its ambitions or make rapid improvements if it doesn’t.
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Source: https://www.cryptopolitan.com/can-mango-fix-liquidity-fragmentation/