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About mETH Protocol

Deployed on Ethereum layer 1 (L1) and governed by Mantle, mETH Protocol has, since late 2023, been providing users with access to $mETH, a value-accumulating receipt token that is highly composable across a range of DeFi applications on Mantle Network L2, offering exposure to additional yield-bearing opportunities. Users stake ETH with mETH Protocol and receive yield-bearing $mETH, and unstake $mETH to receive the underlying principal staked ETH and accumulated rewards. Since the inception of mETH Protocol, Mantle's mission has been to deliver the most user-friendly and rewarding $mETH experience. Thanks to ecosystem-wide adoption, $mETH users are able to trade on Mantle DEXs, earn yield by providing liquidity to $mETH liquidity pools, and generate yield within decentralized money markets. With $mETH's increasing adoption and composability within Mantle Ecosystem dApps, the protocol now ranks as the fourth largest ETH LSP by TVL. The introduction of $cmETH, a permissionless, composable liquid restaking token that unlocks restaking opportunities on Mantle, and $COOK, the protocol's upcoming governance token, mETH Protocol enters its next phase with further enhanced offerings. Through these features, mETH Protocol provides its users with capital efficiency, convenience, and a wide range of yield-bearing opportunities within Mantle Ecosystem dApps, all in a design that has been created to maximize security with non-custodial core smart contracts and off-chain services that enforce sanity bounds and risk limits.

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6/11/2025, 7:46:42 AM

Market Stats

Market Cap

ARS 10.14B

-0.95%

FDV

ARS 52.79B

Circ. Supply

960M COOK

Max Supply

5B COOK

Total Supply

5B COOK

Diluted Valuation

ARS 52.90B

Performance

Popularity

Not enough data

Dominance

0%

Volume (24H)

ARS 1.71B

1.31%

Volume (7D)

ARS 10.50B

Volume (30D)

ARS 56.57B

All time high

ARS 53.44

Price Change (1Y)

-70.97%

Additional info about mETH Protocol

Recent trends

The latest COOK price is ARS 10.52. Compared to mETH Protocol's value of ARS 10.72 from 24 hours ago, there's been a -1% decrease, while the current price is -6% down from ARS 10.93 which was recorded one week ago. mETH Protocol's all time high is ARS 53.44, which was reached on November 9, 2024. This is a -80% change from its price today.

The current circulating supply of mETH Protocol is 960,000,000. This is 19% of its max supply of 5,000,000,000 COOK and 19% of its total supply of 5,000,000,000. The market cap is currently ARS 10.14B, which is a result of multiplying the current price of mETH Protocol(ARS 10.52) by the total supply(5,000,000,000 COOK). The fully diluted valuation of mETH Protocol is ARS 52.79B. The diluted valuation of mETH Protocol is ARS 52.79B.

Market details

COOK vs markets

↘ 79.14%

COOK vs BTC

↘ 81.91%

COOK vs ETH

↘ 63.04%

Tags

defi

governance

Network & Addresses

Network
Address

Ethereum

0x9F0C013016E8656bC256f948CD4B79ab25c7b94D

Price history

Time
Price
Change
Today
ARS 10.52
↘ 1.07%
1 Day
ARS 10.72
↘ 1.07%
1 Week
ARS 10.93
↘ 5.92%
1 Month
ARS 10.56
↘ 1.38%
1 Year
ARS 34.65
↘ 70.97%

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