Season 2 Claims

Crypto yield seekers, the clock is ticking! Season 3 of mETH Protocol's Methamorphosis campaign concludes on September 22, 2025, wrapping up a six-month initiative that's boosted cmETH adoption and rewarded holders. This finale could trigger Powder point redemptions for COOK tokens, marking a key moment for the ecosystem's growth.Launched on March 26, 2025, Season 3 has focused on expanding cmETH across blockchains, rewarding holders with Powder points based on their positions. The purpose is to deepen ecosystem ties, enhance liquidity, and incentivize long-term participation through multi-yield streams like ETH staking (3-4% APY), restaking rewards from EigenLayer, Karak, and Symbiotic, plus partner incentives. Its significance lies in turning cmETH into a versatile asset for DeFi and beyond, with the end-date snapshot likely determining final allocations. This could drive increased token utility, attract more users, and influence similar campaigns in the liquid staking space.Recent NewsIn the last three months, mETH Protocol has seen strong momentum. The Symbiotic cmETH vault launched on August 13, 2025, with over $150 million in restaking capacity, amplifying yields for holders. TVL has climbed to $1.7 billion, nearing its all-time high, while integrations like the Fixed Yield Vault concluded successfully in mid-August, delivering 5-6% annualized returns. A strategic partnership with Republic Technologies in May has positioned mETH for institutional use, signaling broader adoption.Future PlansmETH Protocol aims to evolve as a leading ETH yield distributor, with emphases on deeper DeFi integrations, compliant custody for institutions, and expanded restaking options. Upcoming goals include embedding cmETH in more tokenized funds and financial apps, enhancing omnichain functionality via LayerZero, and launching additional vaults for diverse asset classes to capture growing demand for stable, ETH-native products.Onchain DatacmETH's ecosystem shows robust activity, with over $200 million securing Symbiotic's shared layer and $11.7 million in Pendle liquidity. Total TVL stands at $1.7 billion, with key dApps like Treehouse holding 21,342 cmETH. Specific staking metrics on Dune or Glassnode are limited, but transaction volumes remain steady—focus on explorers like Mantle for real-time wallet growth as the season ends.Community SentimentReactions have been upbeat, with users praising high yields (up to 16% APR in some strategies) and ecosystem expansions. Discussions highlight excitement for Powder redemptions and Symbiotic points, though some seek clearer timelines on claims. Influencers emphasize mETH's role in ETH's bull case, fostering optimistic vibes overall.Additional InsightsAs liquid staking surges to $78 billion market-wide, mETH competes with leaders like Lido by offering institutional-grade features and multi-chain access. Holders benefit from compounded yields without active management, but note potential volatility in point redemptions—review positions ahead of the snapshot.Stay tuned for the Methamorphosis payoff!

The cmETH Restaking Campaign by mETH Protocol, launched on September 30, 2025, enables participants to stake cmETH on Bybit's On-Chain Earn platform, which then automatically restakes through EigenLayer. This campaign offers a seamless participation experience without needing external wallets, bridging, or delegations, making it accessible for retail and institutional users alike. Users earn a fixed 1% APR boost on top of around 17% base rewards, sharing a 100,000 EIGEN prize pool distributed over 30 days, with a total estimated APR near 18%. The prize pool consists of 75,000 EIGEN released immediately and 25,000 EIGEN unlocked upon reaching a TVL of $40 million. Stakeholders can use cmETH as collateral for borrowing or trading on Bybit. Recent News In Q2 2025, mETH became a core yield driver within Mantle Index Four and was listed as the first liquid staking token (LST) on a public company's balance sheet (Republic Technologies). The cmETH supply on Bybit grew by 25% to approximately 81,000 units. Partnerships with Mantle Scouts and HypurrCo under Initiative DaL drove a remarkable 750% TVL increase on HyperEVM between April and June. The ecosystem expanded through integrations with HyperSwap, HypurrFi, HyperBeat, and MizuLabs, with active community campaigns such as Yappening providing weekly bounty rewards. Thought leadership was enhanced by collaborations with Messari, Four Pillars, and Memento, plus over 30 educational guides, AMAs, and recaps were published. Future Plans In Q3 2025, the project focuses on distribution and expanding cmETH yield strategies across new ecosystems. Key roadmap initiatives include institutional rail upgrades, real-world utility via integrations like UR neobank, and broader adoption through custodian partnerships. A notable development is NounsDAO's recent 1,000 ETH delegation, signaling strong ecosystem alignment. The long-term goal is positioning mETH as Ethereum's premier liquid staking asset, enabling greater DeFi opportunities and ecosystem growth into 2026. Onchain Data mETH TVL: $1 billion, marking it as Ethereum's fastest-growing liquid staking protocol cmETH TVL on Hyperbeat/Mizu: $3.96 million cmETH TVL on Morphobeat: $968,000 cmETH TVL on HyperSwap: $675,000 cmETH TVL on HypurrFi: $249,000 Fixed Yield Vault capped at 30,000 cmETH Restaked cmETH on Bybit: ~81,000 units Community Sentiment Positive — Community reactions on X praise the campaign’s simplified participation process and attractive yields. Posts highlighting the 18% APR and EIGEN rewards foster optimism about cmETH's accessibility and potential for democratizing restaking. Influencers emphasize growing adoption despite cautious notes on TVL sustainability. Quotes include: "Easy restaking with great rewards," "18% APR with no hassle," and "mETH is the future of liquid staking." Risk Disclaimer As this event involves staking and token rewards, participants should consider the risks of asset locking and market volatility carefully before participating. Sources used https://x.com/mETHProtocol/status/1942186110576480337