cmETH: Earn rewards from DeFi platforms and fast chain bridging.
cmETH, received 1:1 for mETH, earns rewards from staked positions. It's used in DeFi/CeFi and enables fast bridging via LayerZero.
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What is Mantle Restaked Ether (CMETH)?
cmETH is a token pegged 1:1 to mETH, earned by repeatedly swapping mETH for a diversified portfolio of staked positions across platforms like EigenLayer, Symbiotic, and Karak, all involving active validation. This earns rewards in various third-party tokens, which users can claim periodically. Both mETH and cmETH can be utilized in DeFi and CeFi for use-cases like collateral in lending or perpetual trading platforms. Utilizing the LayerZero OFT standard, cmETH allows for quick and seamless cross-chain transfers within minutes and without slippage.
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Mantle Restaked Ether price live information
As of now, Mantle Restaked Ether is trading at 2 691.12 USD, with a 24-hour trading volume of approximately 8.11M USD. The CMETH to USD price is updated in real time. Over the past 24 hours, Mantle Restaked Ether has increased by 1.37%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 604.79M USD. Currently, there are 224 735 CMETH in circulation out of a maximum supply of 224 735 CMETH.
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