Mantle Restaked Ether (CMETH)

As part of our effort to strengthen long-term protocol alignment, we are winding down cmETH, our liquid restaking token.

All other mETH Protocol products will operate as usual.

→ Rationale

Since launch, cmETH quickly grew into one of the most widely integrated LRTs, reaching $620M in TVL at its peak.

However, following careful evaluation of current sector developments, winding down cmETH is the most prudent path forward as we refocus resources where we can deliver more durable value to users.

→ Key Dates

May 7, 2026: cmETH minting disabled. Existing positions are unaffected, with unstaking and bridging remaining operational.

Mid-June, 2026: Final EigenLayer reward distribution. Any undistributed rewards earned through Oct. 20, 2025 will be made available to claim.

Nov. 7, 2026: Reward claim window closes for previous cmETH campaigns. If future TGEs occur from related AVSs or restaking partners that include retroactive rewards, they will still be distributed to eligible users.

*cmETH unstaking and bri

As part of our effort to strengthen long-term protocol alignment, we are winding down cmETH, our liquid restaking token.

All other mETH Protocol products will operate as usual.

→ Rationale

Since launch, cmETH quickly grew into one of the most widely integrated LRTs, reaching $620M in TVL at its peak.

However, following careful evaluation of current sector developments, winding down cmETH is the most prudent path forward as we refocus resources where we can deliver more durable value to users.

→ Key Dates

May 7, 2026: cmETH minting disabled. Existing positions are unaffected, with unstaking and bridging remaining operational.

Mid-June, 2026: Final EigenLayer reward distribution. Any undistributed rewards earned through Oct. 20, 2025 will be made available to claim.

Nov. 7, 2026: Reward claim window closes for previous cmETH campaigns. If future TGEs occur from related AVSs or restaking partners that include retroactive rewards, they will still be distributed to eligible users.

*cmETH unstaking and bri

We definitely had a strong run during the liquid restaking era.

Looking back, when the narrative first picked up pace @mETHProtocol’s $cmETH stood out as one of the most optimised yield strategies across the LRT landscape.

It had a swift go-to-market across DeFi, becoming widely integrated w/ ATH $620M TVL and benefiting from strong distribution esp. with availability on @Bybit_Official for CEX-driven access.

But as the industry evolves, it’s becoming clearer that core ETH yield infrastructure still anchors around the base staking layer.

Restaking, while promising, is still in its earlier phases particularly when it comes to durable, revenue-generating use cases beyond incentives.

Perhaps as the restaking landscape matures (with more meaningful, demand-driven use cases reaching steady-state adoption), we’ll see a second wave where LRT-based strategies regain structural relevance rather than cyclical demand.

Until then, the decision to wind down $cmETH is pragmatic imo.

Refocusing resources around mETH