Convert Mantle Restaked Ether CMETH to Staked Frax USD SFRXUSD
CMETH to SFRXUSD: 1 Mantle Restaked Ether converts to 2,368.60 SFRXUSD
About CMETH and SFRXUSD
Mantle Restaked Ether is climbing, while Staked Frax USD is falling this week. The current CMETH to SFRXUSD conversion rate is 2,368.60. Inversely, this means that if you convert 1 SFRXUSD you will get 0.0004222 CMETH. The conversion rate of CMETH/SFRXUSD has decreased by 0.35% in the last hour (SFRXUSD/CMETH increased by 0.35%). In the last 24 hours, CMETH/SFRXUSD grew by 6.4%, while SFRXUSD/CMETH shrunk by the same amount.
The exchange rate of Mantle Restaked Ether is increasing. The current value of 1 CMETH is 2,368.60 SFRXUSD. In other words, to buy 5 Mantle Restaked Ether, it would cost you 11,843.02 SFRXUSD. Inversely, 1 SFRXUSD would allow you to trade for 0.0004222 CMETH while 50 SFRXUSD would convert to 0.02111 CMETH, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.25%. Meanwhile, in the last 24 hours, the rate has changed by 5.91%, which means that the highest exchange rate of 1 CMETH to SFRXUSD was 2,387.55 SFRXUSD and the lowest 24 hour value was 1 CMETH for 2,226.77 SFRXUSD. Last month, 1 CMETH was worth 1,733.50 SFRXUSD. Today, it's up 26.81%. Looking back a year, Mantle Restaked Ether has changed by 4,249.83 SFRXUSD. That means that in a single year, the value of Mantle Restaked Ether has shrank by 79.42%.
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.
Staked Frax USD Market Stats
Staked Frax USD (sfrxUSD) is the yielding stablecoin implemented as an ERC4626 token. sfrxUSD is fully redeemable for frxUSD at an increasing rate proportional to the yield mechanism (described below). sfrxUSD is not rebasing and can always be redeemed for the underlying frxUSD with no unstaking fee or price impact. sfrxUSD is unique in yielding design in that it targets a benchmark-rate strategy that alternates between the best of three governance-approved strategies: carry-trade, algorithmic market operations (AMOs), and the Interest on Reserve Balances/T-Bill (IORB) rate. This insures that sfrxUSD’s APY is the most competitive yield onchain.
Conversion tables
CMETH to SFRXUSD values from Today at 4:44 am
0.5 CMETH = 1,184.30 SFRXUSD |
1 CMETH = 2,368.60 SFRXUSD |
5 CMETH = 11,843.02 SFRXUSD |
10 CMETH = 23,686.04 SFRXUSD |
50 CMETH = 118,430.19 SFRXUSD |
100 CMETH = 236,860.37 SFRXUSD |
500 CMETH = 1,184,301.85 SFRXUSD |
1,000 CMETH = 2,368,603.70 SFRXUSD |
SFRXUSD to CMETH values from Today at 4:44 am
0.5 SFRXUSD = 0.0002111 CMETH |
1 SFRXUSD = 0.0004222 CMETH |
5 SFRXUSD = 0.002111 CMETH |
10 SFRXUSD = 0.004222 CMETH |
50 SFRXUSD = 0.02111 CMETH |
100 SFRXUSD = 0.04222 CMETH |
500 SFRXUSD = 0.2111 CMETH |
1,000 SFRXUSD = 0.4222 CMETH |
CMETH to SFRXUSD over time
CMETH | Today | 24H 5.91% | 1M 26.81% | 1Y -79.42% |
|---|---|---|---|---|
0.5 CMETH | 1,184.30 SFRXUSD | 1,114.30 SFRXUSD | 866.75 SFRXUSD | 2,124.91 SFRXUSD |
1 CMETH | 2,368.60 SFRXUSD | 2,228.60 SFRXUSD | 1,733.50 SFRXUSD | 4,249.83 SFRXUSD |
5 CMETH | 11,843.02 SFRXUSD | 11,143.01 SFRXUSD | 8,667.49 SFRXUSD | 21,249.15 SFRXUSD |
10 CMETH | 23,686.04 SFRXUSD | 22,286.03 SFRXUSD | 17,334.97 SFRXUSD | 42,498.30 SFRXUSD |
50 CMETH | 118,430.19 SFRXUSD | 111,430.15 SFRXUSD | 86,674.86 SFRXUSD | 212,491.49 SFRXUSD |
100 CMETH | 236,860.37 SFRXUSD | 222,860.30 SFRXUSD | 173,349.72 SFRXUSD | 424,982.98 SFRXUSD |
500 CMETH | 1,184,301.85 SFRXUSD | 1,114,301.48 SFRXUSD | 866,748.61 SFRXUSD | 2,124,914.91 SFRXUSD |
1,000 CMETH | 2,368,603.70 SFRXUSD | 2,228,602.97 SFRXUSD | 1,733,497.23 SFRXUSD | 4,249,829.82 SFRXUSD |
Frequently asked questions
Right now, 1 Mantle Restaked Ether is worth about $2,868.61.
Based on the current rate, you could get 0.0003486 CMETH for 1 USD.
Mantle Restaked Ether price has been on the rise. Since yesterday, the exchange rate of Mantle Restaked Ether has increased. Since last month, the exchange rate of Mantle Restaked Ether has increased. 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 0.001743 CMETH. Inversely, 5 CMETH will cost about $14,343.04
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 Venus ETH, Bitget SOL Staking, and Bitget SOL Staking. For a more robust list of assets to explore, jump to the asset page dedicated to Mantle Restaked Ether.
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