mETH Protocol

mETH Protocol

COOK #2049
C 39% Token Watch

Project Safety Score: 39%

Updated 5 hours, 46 minutes ago
mETH ProtocolCOOK
Market Cap$2613141
24hr Volume$81306
24hr Change-0.1%
Price$0.002721102612169476
Coverage: 5 buckets · 60% resolved
Concerns raised - see Red Flags below
Scoring rubric: Smart-Contract Token - scored on contract safety, liquidity, holders, team, social
Liquidity
& Market
56 B
100% · medium
Team
Credibility
-
0% · low
Social
Behavioral
55 B
33% · low
Contract
Mechanics
5 F
33% · medium
Holder
Distribution
-
0% · low

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COOK mETH Protocol Details
Decentralized Finance (DeFi)Ethereum EcosystemLiquid Staking Governance TokensMantle EcosystemRestakingLiquid Restaking Governance TokensGovernance

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.

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

Price Chart - mETH Protocol

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85%
Profile Status
Data completeness
Some data missing
Medium confidence

Technical Analysis

Buy / Sell signals

Market Stats

All-Time High$0.05
All-Time Low$0.0027
Circulating960000000
Total Supply5000000000

mETH Protocol GitHub