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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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6/16/2025, 1:51:08 PM

Trading Insights

Searched

1

Market Stats

Market Cap

CA$11.06M

0.85%

FDV

CA$57.62M

Circ. Supply

960M COOK

Max Supply

5B COOK

Total Supply

5B COOK

Diluted Valuation

CA$57.62M

Performance

Popularity

Not enough data

Dominance

0%

Volume (24H)

CA$1.90M

-4.5%

Volume (7D)

CA$13.51M

Volume (30D)

CA$62.33M

All time high

CA$0.0614

Price Change (1Y)

-72.39%

Additional info about mETH Protocol

Recent trends

The latest COOK price is CA$0.0115. Compared to mETH Protocol's value of CA$0.01 from 24 hours ago, there's been a 1% increase, while the current price is -5% down from CA$0.01 which was recorded one week ago. mETH Protocol's all time high is CA$0.0614, which was reached on November 9, 2024. This is a -81% 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 CA$11.06M, which is a result of multiplying the current price of mETH Protocol(CA$0.01) by the total supply(5,000,000,000 COOK). The fully diluted valuation of mETH Protocol is CA$57.62M. The diluted valuation of mETH Protocol is CA$57.62M.

Market details

COOK vs markets

↘ 80.32%

COOK vs BTC

↘ 82.8%

COOK vs ETH

↘ 62.94%

Tags

defi

governance

Network & Addresses

Network
Address

Ethereum

0x9F0C013016E8656bC256f948CD4B79ab25c7b94D

Price history

Time
Price
Change
Today
CA$0.0115
↗ 0.51%
1 Day
CA$0.0115
↗ 0.51%
1 Week
CA$0.0122
↘ 5.42%
1 Month
CA$0.0113
↗ 1.24%
1 Year
CA$0.0428
↘ 72.39%

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