As part of our commitment to transparency and institutional-grade asset solutions, we are pleased to share our July 2026 report with Bybit, providing a baseline view of aggregated mETH holdings associated with the platform.
Holdings Snapshot: July 2026
User-associated balances are presented for transparency and do not imply deployment strategy, product usage, or behavioral intent.
Bybit mETH Holdings
- mETH held on user-associated wallets, as of July 31: 117,817 mETH
- Month-over-month change: (June 30 → July 31): +2.88%
- Peak user-associated balance during July: 139,214 mETH
- mETH minted during July: 27,400 mETH
- mETH redeemed during July: 2,672 mETH
- Net mint/redeem activity during July: +24,729 mETH
Note: Mint/redeem activity tracks how much mETH users minted or redeemed during July. End-of-month holdings can still decrease if users transfer mETH out after minting.
About mETH Protocol
mETH Protocol is an Ethereum liquid staking protocol operating at the intersection of the Mantle and Bybit ecosystems, with $2.19B in peak TVL, zero slashing incidents, and Tier-1 validator operators including Kraken Staked and P2P. Built as a core layer of ETH liquidity infrastructure, mETH delivers on-demand yield with recognized security standards at institutional scale.