mETH Protocol: cmETH TVL breaks 100,000, worth approximately 320 million USD

ChainCatcher news, mETH Protocol announced on X that cmETH TVL has surpassed 100,000 tokens, valued at approximately $320 million. cmETH was listed on the exchange Bybit on November 15, currently priced at $3,262.

It is reported that cmETH is a 1:1 receipt token for resetting $mETH, allowing users to earn rewards across multiple protocols. cmETH can also be used for mining to earn Powder.