mETH Protocol is partnering with Bybit and EigenLayer!

A new campaign is live on Bybit On-Chain Earn from June 27 to July 27, 2025, offering boosted restaking rewards for cmETH, including fixed yields and bonus EIGEN tokens.

As part of the Mantle Ecosystem, this partnership delivers a seamless yield pathway. No wallets, bridging, or delegation required. Deposits are made directly on Bybit, with restaking executed onchain via EigenLayer and delegated to Mantle-aligned operators like P2P and A41.

This integration brings Ethereum-native rewards to a broader audience through Bybit’s streamlined experience.

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Campaign Overview

Users who deposit cmETH into Bybit On-Chain Earn will earn a 1% bonus fixed APR, along with a share of 100,000 EIGEN tokens distributed over 30 days. The campaign aims to grow TVL through restaking on EigenLayer, focusing on newly minted cmETH deposits.

Token rewards will be distributed in two phases:

• 75% at launch (75,000 EIGEN)
• 25% after reaching the $40M TVL milestone (25,000 EIGEN)

All EIGEN rewards will unlock 41 days after the campaign begins. All activity is fully on-chain, with real-time visibility through Bybit’s interface.

Implementation on Bybit On-Chain Earn via EigenLayer

This campaign brings on-chain restaking to a major global exchange by combining Bybit’s intuitive platform with EigenLayer’s scalable infrastructure. Powered by mETH Protocol’s assets, it opens up new yield opportunities for users worldwide.

Furthermore, users can also use their deposited cmETH as collateral on Bybit. This unlocks additional utilities such as borrowing and trading derivatives, improving capital efficiency while maintaining exposure to rewards.

A unified push to make restaking more accessible.