# Mantle Restaked ETH (cmETH)

> 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.

## Price Data

- **Current Price**: $2530.15
- **Market Cap**: $170.35M
- **Fully Diluted Valuation**: $170.35M
- **Circulating Supply**: 67,326.07 cmETH
- **Total Supply**: 67,326.07 cmETH

## Price Changes

- **24h**: +0.00%
- **30d**: +0.12%
- **90d**: -0.20%
- **365d**: +0.33%

## Chain Availability

Available on: ethereum, hyperevm, mantle

## Resources

- [Website](https://www.mantle.xyz/meth)
- [Discord](https://discord.com/invite/0xMantle)
- [Coingecko](https://www.coingecko.com/en/coins/mantle-restaked-eth)
- [Dex.guru](https://dex.guru/token/eth/0xe6829d9a7ee3040e1276fa75293bde931859e8fa)

## Links

- [View on Zerion](https://app.zerion.io/tokens/cmETH-52665cef-bcfa-4f5e-95a3-51e8e2a0ea73)
- [Trade on Zerion](https://app.zerion.io/tokens/cmETH-52665cef-bcfa-4f5e-95a3-51e8e2a0ea73)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset