Key Highlights
- MANTRA begins migrating OM tokens to its mainnet ahead of a 4:1 split, with transfers required before the network upgrade in mid-January.
- OM token migration to MANTRA mainnet is underway, pausing deposits and withdrawals temporarily and requiring holders to complete transfers.
- MANTRA updates its network and migrates OM tokens, setting a timeline for transfers and delisting ERC20 deposits after the migration period.
MANTRA has started migrating its OM token from the Osmosis network as part of a scheduled network upgrade in mid-January. Token holders must move their OM to the MANTRA mainnet to participate in the upcoming 4:1 split. The migration aligns OM tokens with the updated Layer 1 blockchain. MANTRA has warned that users who miss the transfer window could receive a reduced allocation of the new tokens.
OKX confirmed it will support the migration on X, saying, “We’ve updated the OM migration schedule following clarification on Proposal 26. In support of MANTRA_Chain’s official Proposal 17 plan to migrate OM from ERC20 to MANTRA, our migration timeline has been revised.” The exchange added that services like margin trading, loans, futures, and spot trading for OM will continue as usual during the migration.
Detailed migration timeline
OKX outlined the updated schedule for the migration. OM transfers, deposits, and withdrawals will pause at 03:00 UTC on December 22, 2025. The migration itself will occur between 03:00 UTC on December 22 and 10:00 UTC on December 25.
“OKX will strive to complete the token migration within the specified time frame. However, there may be delays due to coordination with the project team,” the exchange added. After migration, OM deposits on Ethereum (ERC20) will no longer be supported, leaving only MANTRA Chain deposits active.
Additionally, users engaging in margin trading or flexible loans must settle outstanding balances before delisting dates. OM/USDT margin trading will suspend between 08:00 and 10:00 UTC on December 12, and OMUSDT perpetual futures will delist at 08:00 UTC on December 15. Spot trading pairs OM/USDT and OM/USDⓈ will be suspended on December 22 and 19, respectively. OKX advised users to cancel pending orders and manually stop trading bots to prevent fees or slippage.
Binance had announced in September that deposits and withdrawals of OM on Ethereum ERC20 and BNB Smart Chain BEP20 would be unavailable starting from September 26, 2025, further solidifying the migration into MANTRA’s mainnet. JP Mullin, the CEO of MANTRA, posted on X that the migration is going really fast, and with Binance’s support, it will be an easy transition for token holders.
MANTRA mainnet upgrade and market context
This migration coincides with MANTRA’s recent mainnet upgrade, designed to fully support RWAs and offer a blockchain fully compatible with EVM and CosmWasm. This opens the possibility for developers to deploy decentralized apps (dApps) based on Solidity directly on MANTRA without changes and to fork DeFi protocols tailored for RWAs.
As a result, it finally gives institutions a secure and compliant blockchain ecosystem with the backing of MANTRA Finance’s license from Dubai’s Virtual Assets Regulatory Authority (VARA).
The global tokenization market, valued at $16 trillion, is growing quickly. MANTRA’s upgrade makes it easier for institutions to use tokenized assets while keeping compliance and security in place. According to CoinMarketCap, at the time of writing, MANTRA was trading at $0.076026 with a 24-hour volume of $20.9 million, up 2.47% in the past day, highlighting positive investor sentiment during this migration phase.
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