mETH Protocol
COOK#2079
$0.003034
24H -0.2%7D +1.3%30D -2.0%
BLOCKINSIDERLoading1M price · Live market data.
| Exchange | Pair | 24h Volume | Spread | Trust | |
|---|---|---|---|---|---|
| MEXC | COOK/USDT | $51.62K | 0.66% | TRADE | |
| Bitrue | COOK/USDT | $21.47K | 6.91% | TRADE | |
| Bybit | COOK/USDT | $5.63K | 0.26% | TRADE | |
| Merchant Moe Liquidity Book (Mantle) | 0X9F0C013016E8656BC256F948CD4B79AB25C7B94D/0X78C1B0C915C4FAA5FFFA6CABF0219DA63D7F4CB8 | $153.81 | 0.65% | TRADE | |
| Mudrex | COOK/USDT | $0.41 | 0.00% | TRADE |
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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.
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