Ask about mETH Protocol · freeTotal Value Locked$569.7m
TVL by Chain
Ethereum$569.7m
Key Metrics
Fees 30d$1.13m
Fees 30d by chain
Ethereum$1.13m
Fees 7d$235,633
Ethereum$235,633
Fees 24h$35,068
Ethereum$35,068
Cumulative Fees$92.57m
Ethereum$92.57m
Revenue 30d$113,462
Revenue 30d by chain
Ethereum$113,462
Revenue 7d$23,565
Ethereum$23,565
Revenue 24h$3,506
Ethereum$3,506
Cumulative Revenue$9.26m
Ethereum$9.26m
Holders Revenue 30d$0
Holders Revenue 30d by chain
Ethereum$0
Holders Revenue 7d$0
Ethereum$0
Holders Revenue 24h$0
Ethereum$0
Cumulative Holders Revenue$0
Ethereum$0
Market Cap$1.91m
$COOK Price$0.002
Fully Diluted Valuation$9.97m
$COOK Volume 24h$23,804
CEX Volume$23,824
DEX Volume$0.42(0.0018% of total)
Treasury$7.54m
Majors$2.13m
Stablecoins$421,108
Own Tokens$4.99m
Others$0.00057
Protocol Information
A permissionless, non-custodial ETH liquid staking protocol deployed on Ethereum L1 and governed by Mantle.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Total consensus layer rewards, execution layer (MEV and priority fee) rewards from staked ETH, and interest earned by the liquidity buffer. Excludes ETH topped up by Mantle to boost the mETH rate.View code on GitHubRevenue: 10% of staking rewards and liquidity buffer interest, charged by the mETH Protocol Treasury.View code on GitHubHolders Revenue: No revenue share to COOK token holders.View code on GitHubTreasury: Value of tokens owned by the protocolYields
Pools Tracked1
Average Supply APY1.91%
Competitors
mETH Protocol history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Dec 4, 2023 to Oct 20, 2026.
All-time high TVL: $2.196b on Mar 12, 2024. All-time low TVL: $95.69m on Dec 4, 2023.
Daily TVL, Sep 21, 2026 to Oct 20, 2026
| Date | TVL |
|---|---|
| Sep 21, 2026 | $605.66m |
| Sep 22, 2026 | $638.22m |
| Sep 23, 2026 | $639.76m |
| Sep 24, 2026 | $630.59m |
| Sep 25, 2026 | $632.38m |
| Sep 26, 2026 | $631.99m |
| Sep 27, 2026 | $634.45m |
| Sep 28, 2026 | $629.42m |
| Sep 29, 2026 | $632.39m |
| Sep 30, 2026 | $629.25m |
| Oct 1, 2026 | $631.83m |
| Oct 2, 2026 | $637.24m |
| Oct 3, 2026 | $630.77m |
| Oct 4, 2026 | $632.41m |
| Oct 5, 2026 | $641.19m |
| Oct 6, 2026 | $638.89m |
| Oct 7, 2026 | $634.31m |
| Oct 8, 2026 | $602.14m |
| Oct 9, 2026 | $580.41m |
| Oct 10, 2026 | $582.87m |
| Oct 11, 2026 | $585.91m |
| Oct 12, 2026 | $595.47m |
| Oct 13, 2026 | $567.13m |
| Oct 14, 2026 | $587.56m |
| Oct 15, 2026 | $566.31m |
| Oct 16, 2026 | $572.15m |
| Oct 17, 2026 | $567.24m |
| Oct 18, 2026 | $564.58m |
| Oct 19, 2026 | $566.41m |
| Oct 20, 2026 | $562.32m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $1.711b |
| Dec 31, 2024 | $1.526b |
| Jan 31, 2025 | $1.538b |
| Feb 28, 2025 | $1.051b |
| Mar 31, 2025 | $709.74m |
| Apr 30, 2025 | $683.19m |
| May 31, 2025 | $928.34m |
| Jun 30, 2025 | $939.1m |
| Jul 31, 2025 | $1.403b |
| Aug 31, 2025 | $1.315b |
| Sep 30, 2025 | $1.083b |
| Oct 31, 2025 | $948.87m |
| Nov 30, 2025 | $747m |
| Dec 31, 2025 | $699.3m |
| Jan 31, 2026 | $774.28m |
| Feb 28, 2026 | $570.78m |
| Mar 31, 2026 | $594.83m |
| Apr 30, 2026 | $573.36m |
| May 31, 2026 | $453.08m |
| Jun 30, 2026 | $365.56m |
| Jul 31, 2026 | $487.06m |
| Aug 31, 2026 | $572.74m |
| Sep 30, 2026 | $629.25m |
| Oct 20, 2026 (latest) | $562.32m |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $366.31m |
| Dec 31, 2024 | $1.526b |
| Dec 31, 2025 | $699.3m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $4.16m | $416,217 | $0 |
| Dec 2024 | $4.57m | $456,902 | $0 |
| Jan 2025 | $4.44m | $443,623 | $0 |
| Feb 2025 | $3.24m | $324,206 | $0 |
| Mar 2025 | $2.31m | $230,901 | $0 |
| Apr 2025 | $1.9m | $189,816 | $0 |
| May 2025 | $2.33m | $232,811 | $0 |
| Jun 2025 | $2.22m | $221,623 | $0 |
| Jul 2025 | $2.8m | $279,800 | $0 |
| Aug 2025 | $3.48m | $348,051 | $0 |
| Sep 2025 | $2.61m | $261,490 | $0 |
| Oct 2025 | $2.54m | $253,983 | $0 |
| Nov 2025 | $1.92m | $192,292 | $0 |
| Dec 2025 | $1.36m | $135,520 | $0 |
| Jan 2026 | $1.18m | $117,549 | $0 |
| Feb 2026 | $1.13m | $112,907 | $0 |
| Mar 2026 | $1.27m | $126,764 | $0 |
| Apr 2026 | $1.21m | $120,664 | $0 |
| May 2026 | $879,619 | $87,961 | $0 |
| Jun 2026 | $650,404 | $65,047 | $0 |
| Jul 2026 | $820,251 | $82,025 | $0 |
| Aug 2026 | $824,517 | $82,457 | $0 |
| Sep 2026 | $1.15m | $115,334 | $0 |
| Oct 2026 (to date) | $733,870 | $73,388 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/meth-protocol
Frequently asked questions
What is mETH Protocol's TVL?
As of Oct 20, 2026, mETH Protocol has $569.7m in total value locked. TVL has decreased 5.6% over the past 30 days.
What chains does mETH Protocol operate on?
mETH Protocol operates on Ethereum. Ethereum holds the largest share at 100%.
How much has mETH Protocol generated in fees and revenue?
Over the past 30 days, mETH Protocol generated $1.13m in fees. Of that, $113,462 was protocol revenue. Based on the trailing year, the annualized rate is $14.01m in fees and $1.4m in revenue.
What is the COOK token price and valuation?
COOK is currently trading at $0.002. Its circulating market capitalization is $1.92m, ranking it #2,791. Its fully diluted valuation is $9.98m. Supply currently stands at 960m circulating, 5b total supply, 5b maximum supply.
How has COOK performed recently?
COOK is down 0.9% over the past 7 days and down 0.8% over the past 30 days. Its all-time high is $0.045, reached on Nov 8, 2024. The token is currently 95.6% below that level.
How does mETH Protocol's TVL compare to similar protocols?
Among Liquid Staking protocols tracked by DefiLlama, mETH Protocol ranks #13 by TVL. The category holds $55.274b across 264 protocols, and mETH Protocol accounts for 1% of that total. Similar protocols include Lido, Binance staked ETH, ether.fi Stake, Rocket Pool, StakeWise V3, Liquid Collective, Coinbase Wrapped Staked ETH, Stader, Frax Ether, and stake.link liquid.
How many yield pools does mETH Protocol have?
DefiLlama tracks 1 mETH Protocol yield pool with an average APY of 1.9%.
Does mETH Protocol have a treasury?
mETH Protocol has a tracked treasury currently valued at $7.54m. Its holdings include $421,108 in stablecoins, $2.13m in major assets, $4.99m in its own tokens, $0.00057 in other assets.