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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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7/17/2025, 2:14:59 AM

Trading Insights

Searched

1

Market Stats

Market Cap

£5.29M

FDV

£27.00M

Circ. Supply

Not enough data

Max Supply

5B COOK

Total Supply

5B COOK

Total Value Locked

£871.36M

Performance

Popularity

Not enough data

Dominance

Not enough data

Volume (24H)

£1.09M

-10.03%

Volume (7D)

£6.95M

Volume (30D)

£29.96M

All time high

£0.0338

Price Change (1Y)

-76.51%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

Additional details

Recent trends

The price of mETH Protocol has decreased by 1.78% in the last hour and decreased by 0.67% in the past 24 hours. mETH Protocol’s price has also risen by 6.34% in the past week. The current price is £0.0054 per COOK with a 24-hour trading volume of £1.09M. Currently, mETH Protocol is valued at 84.00% below its all time high of £0.0338. This all-time high was the highest price paid for mETH Protocol since its launch.

The current circulating supply of mETH Protocol is 0 COOK which means that mETH Protocol has as total market cap of £5,294,674.06.

Market details

COOK vs markets

↘ 85.44%

COOK vs BTC

↘ 87.3%

COOK vs ETH

↘ 76.03%

Tags

defi

governance

Network & Addresses

Network
Address

Ethereum

0x9F0C013016E8656bC256f948CD4B79ab25c7b94D

Price history

Time
Price
Change
Today
£0.0054
↘ 0.67%
1 Day
£0.0054
↘ 0.67%
1 Week
£0.0050
↗ 6.34%
1 Month
£0.0061
↘ 12.97%
1 Year
£0.0237
↘ 76.51%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

FAQ

mETH Protocol calculator

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