mETH Protocol

COOK Price

What is mETH Protocol about?

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.

What makes mETH Protocol unique?

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.

What's next for mETH Protocol?

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.

What can mETH Protocol be used for?

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 can you buy mETH Protocol?

COOK tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade mETH Protocol is Bitrue, where the most active trading pair COOK/USDT has a trading volume of $22,067.90 in the last 24 hours. Other popular options include Bybit and Mudrex.

What is the daily trading volume of mETH Protocol (COOK)?

The trading volume of mETH Protocol (COOK) is $22,380.79 in the last 24 hours, representing a -22.40% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for mETH Protocol (COOK)?

mETH Protocol (COOK) reached an all-time high of $0.04531 and an all-time low of $0.001106. It’s now trading -95.50% below that peak and 84.30% above its lowest price.

What is the market cap of mETH Protocol (COOK)?

Market capitalization of mETH Protocol (COOK) is $1,958,585 and is ranked #2437 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of COOK tokens (960 Million tokens are tradable on the market today).

What is the fully diluted valuation of mETH Protocol (COOK)?

The fully diluted valuation (FDV) of mETH Protocol (COOK) is $10,200,964. This is a statistical representation of the maximum market cap, assuming the maximum number of 5 Billion COOK tokens are in circulation today. Depending on how the emission schedule of COOK tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of mETH Protocol compare against its peers?

With a price increase of 1.30% in the last 7 days, mETH Protocol (COOK) is outperforming the global cryptocurrency market which is down -2.40%, while underperforming when compared to similar Decentralized Finance (DeFi) cryptocurrencies which are up 1.40%.

How to add mETH Protocol (COOK) to MetaMask?

Adding mETH Protocol (COOK) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import COOK as a token. You can copy COOK’s contract address (0x9f0c013016e8656bc256f948cd4b79ab25c7b94d) and import it manually, or if you've installed MetaMask's chrome extension, add COOK to MetaMask with one click on CoinGecko.

Add COOK to MetaMask.