As part of our commitment to transparency and institutional-grade asset solutions, we are pleased to share our May 2026 report with Bybit, providing a baseline view of aggregated mETH holdings associated with the platform.
Holdings Snapshot: May 2026
User-associated balances are presented for transparency and do not imply deployment strategy, product usage, or behavioural intent.
Bybit mETH Holdings
- mETH held on user-associated wallets, as of May 31: 104,307 mETH
- Month-over-month change: (Apr. 30 → May 31): -5.04%
- Peak user-associated balance during May: 115,467 mETH
- mETH minted during May: 29,649 mETH
- mETH redeemed during May: 4,857 mETH
- Net mint/redeem activity during May: +24,792 mETH
Note: Mint/redeem activity tracks how much mETH users minted or redeemed during May. End-of-month holdings can still decrease if users transferred 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.