Convert Mantle Restaked Ether CMETH to Mountain Protocol USDM
1 CMETH converts to 1,942.75 USDM
About CMETH and USDM
Mantle Restaked Ether is falling, while Mountain Protocol is climbing this week. The current CMETH to USDM conversion rate is 1,942.75. Inversely, this means that if you convert 1 USDM you will get 0.0005147 CMETH. The conversion rate of CMETH/USDM has decreased by 0.11% in the last hour (USDM/CMETH increased by 0.11%). In the last 24 hours, CMETH/USDM shrunk by 1.9%, while USDM/CMETH grew by the same amount.
The exchange rate of Mantle Restaked Ether is decreasing. The current value of 1 CMETH is 1,942.75 USDM. In other words, to buy 5 Mantle Restaked Ether, it would cost you 9,713.73 USDM. Inversely, 1 USDM would allow you to trade for 0.0005147 CMETH while 50 USDM would convert to 0.02574 CMETH, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 13.64%. Meanwhile, in the last 24 hours, the rate has changed by 1.81%, and that the highest exchange rate of 1 CMETH to USDM was 2,020.73 USDM and the lowest 24 hour value was 1 CMETH for 1,901.20 USDM. Last month, 1 CMETH was worth 2,567.87 USDM. Today, it's down 32.18%. Looking back a year, Mantle Restaked Ether has changed by 2,586.45 USDM. That means that in a single year, the value of Mantle Restaked Ether has shrank by 33.13%.
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.
Mountain Protocol Market Stats
The USDM token is a rebasing ERC20 token, redeemable at a pegged 1:1 USD value by primary users. USDM is a fully backed stablecoin, backed by "USDM Reserves", which are held under custody with regulated financial institutions in bankruptcy-remote accounts, segregated from the Company's operating accounts, on behalf of, and for the benefit of, Users. USDM rebases daily, allowing users to receive rewards. These rewards are generated by the interest paid by the US Treasuries held in the USDM Reserves.
Conversion tables
CMETH to USDM values from Today at 8:07 pm
0.5 CMETH = 971.37 USDM |
1 CMETH = 1,942.75 USDM |
5 CMETH = 9,713.73 USDM |
10 CMETH = 19,427.46 USDM |
50 CMETH = 97,137.28 USDM |
100 CMETH = 194,274.57 USDM |
500 CMETH = 971,372.84 USDM |
1,000 CMETH = 1,942,745.67 USDM |
USDM to CMETH values from Today at 8:09 pm
0.5 USDM = 0.0002574 CMETH |
1 USDM = 0.0005147 CMETH |
5 USDM = 0.002574 CMETH |
10 USDM = 0.005147 CMETH |
50 USDM = 0.02574 CMETH |
100 USDM = 0.05147 CMETH |
500 USDM = 0.2574 CMETH |
1,000 USDM = 0.5147 CMETH |
CMETH to USDM over time
CMETH | Today | 24H -1.81% | 1M -32.18% | 1Y -33.13% |
|---|---|---|---|---|
0.5 CMETH | 971.37 USDM | 988.98 USDM | 1,283.93 USDM | 1,293.22 USDM |
1 CMETH | 1,942.75 USDM | 1,977.95 USDM | 2,567.87 USDM | 2,586.45 USDM |
5 CMETH | 9,713.73 USDM | 9,889.77 USDM | 12,839.34 USDM | 12,932.24 USDM |
10 CMETH | 19,427.46 USDM | 19,779.54 USDM | 25,678.67 USDM | 25,864.48 USDM |
50 CMETH | 97,137.28 USDM | 98,897.69 USDM | 128,393.36 USDM | 129,322.38 USDM |
100 CMETH | 194,274.57 USDM | 197,795.39 USDM | 256,786.72 USDM | 258,644.76 USDM |
500 CMETH | 971,372.84 USDM | 988,976.93 USDM | 1,283,933.60 USDM | 1,293,223.80 USDM |
1,000 CMETH | 1,942,745.67 USDM | 1,977,953.86 USDM | 2,567,867.21 USDM | 2,586,447.60 USDM |
Frequently asked questions
Right now, 1 Mantle Restaked Ether is worth about $1,945.28.
Based on the current rate, you could get 0.0005141 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 0.00257 CMETH. Inversely, 5 CMETH will cost about $9,726.38
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 Crypto.com Staked ETH, xSolvBTC, and BlazeStake Staked SOL. For a more robust list of assets to explore, jump to the asset page dedicated to Mantle Restaked Ether.
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