Mantle Staked Ether (METH)

Our new report with @Bybit_Official is now live, presenting a March 2026 baseline of aggregated mETH holdings on the platform.

- Total held in user wallets as of Mar. 31: 143,174
- Peak balance: 151,094
- Net flow: +1,191 https://t.co/H51sEenADV

1/ On Redefining the LST Game:

It’s clear that LST category has long found its product–market fit since the early PoS days.

As crypto progresses, the game naturally evolves. What started as a simple yield primitive is now becoming a layer for liquidity, collateral, and capital efficiency across the entire ecosystem.

This is where it progresses into how they compete as the market matureS.

And like any sector, over time the ones that continuously innovate and adapt to new structural demands are those that survive and ultimately win the long-term game.

We’re now entering that phase for LSTs, where differentiation becomes structural.

This is exactly why @mETHProtocol feels like it’s entering a different phase of its lifecycle where it is transitioning into a structurally defensible moat, increasingly positioning itself within the institutional arena.

Why so?

Because no LST is positioned quite like this.

If you think about it, there isn’t another LST today that combines (1) CeFi distribution leverage, (2)

February was another month of acceleration for mETH.

- $270M+ in newly minted volume on Bybit
- 851% MoM growth in Mantle Treasury holdings
- Weekly mETH/cmETH trading volumes on Mantle Network
- Recorded strong recurring Buffer Pool inflows
- Held our first Q1 team livestream https://t.co/dLBLcQhP2W