Mantle Staked Ether (METH) is a liquid staking token that represents staked Ethereum on the Mantle Liquid Staking Protocol. It's designed to solve a key problem in crypto staking: the trade-off between earning rewards and maintaining liquidity.
🎯 What Problem Does METH Solve?
Traditional Ethereum staking requires locking up your ETH, making it inaccessible for trading or DeFi activities. METH gives you the best of both worlds—you earn staking rewards while keeping your assets liquid and usable across DeFi.
💡 How It Works
- Deposit ETH (minimum 0.02 ETH) into the mETH Protocol
- Receive mETH tokens at a 1:1 ratio as a receipt
- Your ETH gets staked with validators securing the Ethereum network
- mETH grows in value relative to ETH as staking rewards accumulate (~2.78% APY currently)
- Use mETH freely in DeFi—trade it, use it as collateral, or hold it
- Unstake anytime to reclaim your original ETH plus rewards
📊 Current Market Stats (Feb 11, 2026)
- Price: $2,106.42 USD
- Market Cap: $571.54M (Ranked #93)
- 24h Volume: $2.80M
- Circulating Supply: 271,573 METH
- Total ETH Staked: ~235,285 ETH
Recent Performance:
- 1 hour: -0.59%
- 24 hours: -3.15%
- 7 days: -14.86% ⚠️ (notable recent decline)
🔗 Multi-Chain Presence
METH is deployed on:
- Ethereum (Contract:
0xd5f7838f5c461feff7fe49ea5ebaf7728bb0adfa) - Mantle Network (Layer 2 scaling solution)
💰 How You Earn Rewards
METH holders earn from three sources:
- Block rewards from validating transactions
- Priority transaction fees (gas fees)
- MEV (Maximal Extractable Value) from transaction ordering
Plus, Mantle Treasury offers bonus incentives through the "mETH Double-Dose Drive" for L2 stakers.
🚀 Recent Innovations (2024-2026)
COOK Governance Token (Oct 2024): Community governance for protocol decisions
cmETH Liquid Restaking (Oct 2024): Restake your mETH across multiple platforms (EigenLayer, Symbiotic, Karak) for additional yields—currently 90,971 mETH restaked
Network Upgrades (2025-2026): Mantle integrated ZK proofs and migrated to Ethereum blobs for enhanced security and scalability
✅ Key Advantages
- No 32 ETH minimum (traditional validator requirement)
- Non-custodial (you maintain control)
- DeFi composability (use as collateral in lending, trading, etc.)
- Capital efficient (earn staking rewards + use in DeFi simultaneously)
- Permissionless (anyone can participate)
📍 Where to Trade
- CEXs: Bybit, Kraken
- DEXs: Uniswap V3, Merchant Moe, Agni Finance
⚠️ Investment Considerations
- Recent volatility: Down 14.86% over the past week suggests market sensitivity
- Moderate liquidity: $2.8M daily volume is reasonable but not extremely high
- Peak was $5,312 in October 2025; currently well below ATH
- Strong fundamentals: Ranked 4th largest ETH liquid staking token with $571M market cap
Bottom Line: METH is a sophisticated liquid staking solution that lets you earn Ethereum staking rewards without sacrificing liquidity. It's ideal for users who want passive income from staking while maintaining the flexibility to participate in DeFi. The recent price decline warrants caution, but the protocol's strong TVL and ongoing innovations (like cmETH restaking) demonstrate solid fundamentals.
🔗 Official Website: https://www.mantle.xyz/meth 🐦 Twitter: https://twitter.com/0xMantle