What is MANTLE RESTAKED ETH(CMETH)?

Basic information about CMETH

Coin name:

Mantle Restaked ETH

Coin symbol:

Coin introduction:

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.

Current Price:

$2.54KMore coin details

All-time high:

$5.31K

All-time low:

$1.48K

CMETH Supply Info and Tokenomics

Circulating supply:

67,171

Total supply:

67,171

Max supply:

Market cap:

$170.73M

Fully diluted valuation:

$170.73M

What is the outlook and future value of CMETH?

The current market cap of CMETH is $170.73M, ranked 305 in the market, showing that the market already recognizes the value of CMETH. When a bull market arrives, the market cap of CMETH may continue to grow.

Moreover, if CMETH can play a greater role in real-world applications—such as if the Monero developers can fully empower CMETH and establish partnerships with more business partners to expand its user base—then the long-term value of CMETH will be further enhanced.

What is the price of CMETH in 2027?

According to the historical price performance prediction model of CMETH, the price of CMETH is expected to reach $2.67K at 2027.

Note: As with any crypto investment, investors should closely monitor CMETH’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get CMETH?

Purchasing CMETH with cash is not the only way to obtain CMETH. If you have enough time, you can get CMETH for free.

Learn how to get Hot rewards for free with CMETH.

Earn free CMETH by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get CMETH airdrops for free.

All crypto airdrops and rewards can be exchanged for CMETH through LBank spot trading.

Buy CMETH starting from $1

What is CMETH used for and how to use it?

The use cases for CMETH may grow with the development of the crypto market and project progress. Currently, you can use CMETH to:

Arbitrage trading of CMETH

CMETH is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many CMETH trading pairs to suit your needs.

Earn yield with CMETH

You can also lend out CMETH or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your CMETH gains.

Send or pay with CMETH

If you want to pay someone with CMETH, you can easily and quickly send CMETH to them using their receiving address.

You can also visit the official website of Mantle Restaked ETH to learn more use cases of CMETH, such as whether the Mantle Restaked ETH project supports community/eco apps or buying physical or virtual goods with CMETH.