Convert Mantle Restaked Ether CMETH to Overnight OVN
1 CMETH converts to 1,067.87 OVN
About CMETH and OVN
Mantle Restaked Ether is falling, while Overnight is climbing this week. The current CMETH to OVN conversion rate is 1,067.87. Inversely, this means that if you convert 1 OVN you will get 0.0009364 CMETH. The conversion rate of CMETH/OVN has increased by 0.93% in the last hour (OVN/CMETH decreased by 0.93%). In the last 24 hours, CMETH/OVN shrunk by 2.14%, while OVN/CMETH grew by the same amount.
The exchange rate of Mantle Restaked Ether is decreasing. The current value of 1 CMETH is 1,067.87 OVN. In other words, to buy 5 Mantle Restaked Ether, it would cost you 5,339.34 OVN. Inversely, 1 OVN would allow you to trade for 0.0009364 CMETH while 50 OVN would convert to 0.04682 CMETH, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 41.78%. Meanwhile, in the last 24 hours, the rate has changed by 1.84%, and that the highest exchange rate of 1 CMETH to OVN was 1,094.85 OVN and the lowest 24 hour value was 1 CMETH for 1,048.18 OVN. Last month, 1 CMETH was worth 2,461.31 OVN. Today, it's down 130.49%. Looking back a year, Mantle Restaked Ether has changed by 6,071.83 OVN. That means that in a single year, the value of Mantle Restaked Ether has shrank by 468.59%.
Mantle Restaked Ether Market Stats
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.
Overnight Market Stats
At the core of Overnight is the concept of stablecoin-based DeFi. The platform introduces stablecoins like USD+, DAI+, and USDT+ that are designed to maintain a stable value relative to their underlying assets. These stablecoins serve as foundational building blocks for users to access various opportunities within the DeFi landscape. Overnight.fi is a protocol focusing on asset management, with a specialization in neutral-risk strategies. At the heart of its product line is USD+, which is a yield-driven stablecoin, fully backed by collateral. This collateral for USD+ is rooted in DeFi strategies that generate returns. These strategies encompass lending to platforms like Aave, and include both stablecoin-to-stablecoin and neutral-risk strategies. The goal of issuing OVN is twofold: Promote and popularize USD+, which is achieved with using OVN for bribes; Establish a robust & decentralized risk monitoring and management processes at the protocol level. OVN token will provide standard voting rights which will be key to realizing the vision of decentralized risk-management. OVN token should help align community incentives with this goal: to reward for supporting conservative risk decisions, and for vetoing aggressive ones.
Conversion tables
CMETH to OVN values from Today at 10:04 am
0.5 CMETH = 533.93 OVN |
1 CMETH = 1,067.87 OVN |
5 CMETH = 5,339.34 OVN |
10 CMETH = 10,678.68 OVN |
50 CMETH = 53,393.41 OVN |
100 CMETH = 106,786.81 OVN |
500 CMETH = 533,934.06 OVN |
1,000 CMETH = 1,067,868.13 OVN |
OVN to CMETH values from Today at 10:02 am
0.5 OVN = 0.0004682 CMETH |
1 OVN = 0.0009364 CMETH |
5 OVN = 0.004682 CMETH |
10 OVN = 0.009364 CMETH |
50 OVN = 0.04682 CMETH |
100 OVN = 0.09364 CMETH |
500 OVN = 0.4682 CMETH |
1,000 OVN = 0.9364 CMETH |
CMETH to OVN over time
CMETH | Today | 24H -1.84% | 1M -130.49% | 1Y -468.59% |
|---|---|---|---|---|
0.5 CMETH | 533.93 OVN | 543.75 OVN | 1,230.66 OVN | 3,035.91 OVN |
1 CMETH | 1,067.87 OVN | 1,087.51 OVN | 2,461.31 OVN | 6,071.83 OVN |
5 CMETH | 5,339.34 OVN | 5,437.53 OVN | 12,306.55 OVN | 30,359.14 OVN |
10 CMETH | 10,678.68 OVN | 10,875.05 OVN | 24,613.10 OVN | 60,718.27 OVN |
50 CMETH | 53,393.41 OVN | 54,375.26 OVN | 123,065.52 OVN | 303,591.36 OVN |
100 CMETH | 106,786.81 OVN | 108,750.53 OVN | 246,131.05 OVN | 607,182.73 OVN |
500 CMETH | 533,934.06 OVN | 543,752.64 OVN | 1,230,655.23 OVN | 3,035,913.64 OVN |
1,000 CMETH | 1,067,868.13 OVN | 1,087,505.28 OVN | 2,461,310.45 OVN | 6,071,827.29 OVN |
Frequently asked questions
Right now, 1 Mantle Restaked Ether is worth about $1,770.00.
Based on the current rate, you could get 0.000565 CMETH for 1 USD.
Mantle Restaked Ether price has been declining. Since yesterday, the exchange rate of Mantle Restaked Ether has decreased. Since last month, the exchange rate of Mantle Restaked Ether has decreased. Since this time last year, the price of Mantle Restaked Ether has decreased.
You can use our CMETH to USD calculator at the top of this page to convert any amount of CMETH to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.002825 CMETH. Inversely, 5 CMETH will cost about $8,849.98
Mantle Restaked Ether can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Mantle Restaked Ether.
There are a number of crypto assets that have the a similar or comparable market cap to Mantle Restaked Ether, including Staked USDT, Wrapped Centrifuge, and xSolvBTC. For a more robust list of assets to explore, jump to the asset page dedicated to Mantle Restaked Ether.
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