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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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6/9/2025, 12:47:53 PM

Market Stats

Market Cap

€7.59M

0.51%

FDV

€39.56M

Circ. Supply

960M COOK

Max Supply

5B COOK

Total Supply

5B COOK

Diluted Valuation

€39.56M

Performance

Popularity

Not enough data

Dominance

0%

Volume (24H)

€1.15M

5.09%

Volume (7D)

€7.16M

Volume (30D)

€31.26M

All time high

€0.0397

Price Change (1Y)

-70.71%

Additional info about mETH Protocol

Recent trends

The latest COOK price is €0.0079. Compared to mETH Protocol's value of €0.01 from 24 hours ago, there's been a 1% increase, while the current price is -4% down from €0.01 which was recorded one week ago. mETH Protocol's all time high is €0.0397, 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 €7.59M, which is a result of multiplying the current price of mETH Protocol(€0.01) by the total supply(5,000,000,000 COOK). The fully diluted valuation of mETH Protocol is €39.56M. The diluted valuation of mETH Protocol is €39.56M.

Market details

COOK vs markets

↘ 78.29%

COOK vs BTC

↘ 81.14%

COOK vs ETH

↘ 57.83%

Tags

defi

governance

Network & Addresses

Network
Address

Ethereum

0x9F0C013016E8656bC256f948CD4B79ab25c7b94D

Price history

Time
Price
Change
Today
€0.0079
↗ 0.47%
1 Day
€0.0079
↗ 0.51%
1 Week
€0.0082
↘ 3.65%
1 Month
€0.0077
↗ 4.02%
1 Year
€0.0285
↘ 70.71%

FAQ

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