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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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6/4/2025, 11:02:48 AM

Market Stats

Market Cap

$9.04M

-0.94%

FDV

$47.08M

Circ. Supply

960M COOK

Max Supply

5B COOK

Total Supply

5B COOK

Diluted Valuation

$47.04M

Performance

Popularity

Not enough data

Dominance

0%

Volume (24H)

$1.33M

21.22%

Volume (7D)

$8.23M

Volume (30D)

$38.03M

All time high

$0.0453

Price Change (1Y)

-69.44%

Additional info about mETH Protocol

Recent trends

The latest COOK price is $0.0094. Compared to mETH Protocol's value of $0.01 from 24 hours ago, there's been a -1% decrease, while the current price is 4% up from $0.01 which was recorded one week ago. mETH Protocol's all time high is $0.0453, which was reached on November 9, 2024. This is a -79% 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 $9.04M, 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 $47.08M. The diluted valuation of mETH Protocol is $47.08M.

Market details

COOK vs markets

↘ 77.11%

COOK vs BTC

↘ 79.44%

COOK vs ETH

↘ 54.99%

Tags

defi

governance

Network & Addresses

Network
Address

Ethereum

0x9F0C013016E8656bC256f948CD4B79ab25c7b94D

Price history

Time
Price
Change
Today
$0.0094
↘ 0.85%
1 Day
$0.0095
↘ 0.85%
1 Week
$0.0090
↗ 4.19%
1 Month
$0.0084
↗ 12.63%
1 Year
$0.0308
↘ 69.44%

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