COOK

mETH Protocol price
COOK
#2803

$0.02799  

0.51% (1d)

mETH Protocol to USD Chart

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METH Protocol statistics
Market cap
$26.87M

0.00%

Volume (24h)
$21.40M

1.04%

FDV
$139.96M
Vol/Mkt Cap (24h)
79.63%
Total supply
5B COOK
Max. supply
5B COOK
Self-reported circulating supply
960M COOK
19.2%
COOK to USD converter
COOK
USD
Price performance
24h 
Low
$0.02519
High
$0.03633
All-time high
Nov 09, 2024 (5 days ago)
$0.04523
-38.11%
All-time low
Nov 02, 2024 (12 days ago)
$0.01721
+62.68%
See historical data


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mETH Protocol community

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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.