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.
Where is mETH Protocol available for purchase?
You can exchange COOK tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading mETH Protocol is Bybit, notably the COOK/USDT pair, which saw a trading volume of $ 2,86 MLN. in the past day. Additionally, Agni Finance and Gate are popular alternatives for trading tokens.
What is the highest value mETH Protocol (COOK) has ever reached?
mETH Protocol (COOK) reached its peak price at 0.04531 $ on 09 November 2024, approximately 9 months ago ago. Presently, the current price is -57.46% lower than this all-time high.
What is the historical minimum price for mETH Protocol (COOK)?
The minimum price reached for mETH Protocol (COOK) was 0.006433 $, documented on 20 April 2025, more than 4 months ago. In comparison, the current price is 199.59%, it above this historical low.
What is the fully diluted valuation of mETH Protocol (COOK)?
The fully diluted valuation (FDV) of mETH Protocol (COOK) stands at $ 83,20 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 5,000,000,000 COOK tokens. The realization of this FDV might take several years depending on the emission schedule of COOK tokens.
How to add mETH Protocol (COOK) to MetaMask?
By integrating mETH Protocol (COOK) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import COOK as a token. You can either manually import COOK by copying its contract address (0x9f0c013016e8656bc256f948cd4b79ab25c7b94d) or use MetaMask's Chrome extension to add COOK with a single click through P.CASH.
How to add mETH Protocol (COOK) to TrustWallet?
Incorporating mETH Protocol (COOK) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include COOK, you can either manually import it using the contract address (0x9f0c013016e8656bc256f948cd4b79ab25c7b94d) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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