Price change (24h):
0.61%
High (24h):
$1995.61
Low (24h):
$1890.79
Volume (24h):
$26.40K
Market Cap:
$34.59M
All Time High:
63.40% $5306.91
Aug 24, 2025
All Time Low:
31% $1480.70
Apr 9, 2025
29.06 %(1Y)
$1947.09
Price change (24h):
0.61%
High (24h):
$1995.61
Low (24h):
$1890.79
Volume (24h):
$26.40K
Market Cap:
$34.59M
All Time High:
63.40% $5306.91
Aug 24, 2025
All Time Low:
31% $1480.70
Apr 9, 2025
Mantle Restaked Ether (cmETH) is a cryptocurrency launched in 2024. It exists as the liquid restaking derivative token of the mETH Protocol, an ecosystem governed by Mantle and deployed across Ethereum mainnet and the Mantle Layer-2 network.
The token solves the friction of idle staked capital by representing restaked ETH positions that remain fully transferable and yield-bearing. Through its composability, cmETH integrates directly into decentralized exchanges, lending markets, and liquidity pools on Mantle, letting holders simultaneously earn restaking rewards and deploy the same capital across DeFi protocols.
Mantle Restaked Ether operates on the Ethereum blockchain and the Mantle Network. It is a smart contract token deployed natively on both Ethereum layer-1 and the Mantle L2, leveraging the security of the underlying chains without relying on a separate consensus mechanism.
The token follows the ERC-20 standard, with identical contract addresses found on Ethereum, Mantle, and HyperEVM explorers. Non-custodial core smart contracts govern minting and burning, while off-chain services enforce invariant sanity bounds and risk limits to safeguard user deposits. This design ensures cmETH remains a liquid, composable receipt for restaked ETH without sacrificing asset self-custody.
The broader mETH Protocol first emerged in late 2023 under Mantle governance, initially offering $mETH as a liquid staking counterpart to ETH. The cmETH token launched on October 29, 2024, expanding the protocol into liquid restaking amid growing demand for composable restaked exposure. Since inception, the protocol has attracted ecosystem-wide adoption, ranking as the fourth largest ETH liquid staking protocol by total value locked.
The mETH Protocol pursues a singular objective: collapsing fragmented restaking yields into a single, highly composable token that maximizes capital efficiency. It aims to strip away the complexity of managing multiple restaked positions, letting users capture layered rewards without manual orchestration. This clarity of design concentrates yield generation into a unified instrument.
cmETH functions mechanically as the receipt token minted when users deposit ETH—or its staked derivative $mETH—into the protocol’s restaking contracts. The token accrues value from restaking rewards and can be redeemed for the underlying principal plus accumulated yield at any time. Within the Mantle ecosystem, cmETH powers decentralized money markets as collateral, serves as the base asset in liquidity pools, and facilitates trading on native DEXs.
Liquidity providers pair cmETH with other assets in Mantle’s automated market makers to harvest swap fees. Lenders supply the token to decentralized money markets for additional interest. Every deposit into these applications compounds the baseline restaking yield, turning a single position into a multi-layered return strategy.
Mantle Restaked Ether has a total supply of 67,326.07 tokens. Currently, 67,326.07 are in circulation. With a market capitalization of $169,787,711, Mantle Restaked Ether ranks #8,348 among all cryptocurrencies.
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 07/07/2026 | $1,963.65 | $1,951.98 | $1,995.61 | $1,941.51 |
| 06/07/2026 | $1,946.47 | $1,963.62 | $1,969.48 | $1,890.79 |
| 05/07/2026 | $1,963.04 | $1,952.26 | $1,963.04 | $1,912.09 |
| 04/07/2026 | $1,907.79 | $1,962.89 | $1,968.83 | $1,907.78 |
| 03/07/2026 | $1,850.58 | $1,908.70 | $1,908.70 | $1,837.20 |
| 02/07/2026 | $1,755.78 | $1,850.88 | $1,871.07 | $1,745.53 |
| 01/07/2026 | $1,720.00 | $1,760.47 | $1,772.27 | $1,694.94 |
| 30/06/2026 | $1,732.75 | $1,716.32 | $1,733.73 | $1,695.19 |
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