$cmETH growth is one of the healthiest among liquid restaking assets right now.

Weekly trading volume keeps breaking new ATHs, and early November alone saw 25K cmETH traded in a single week, with activity increasing across all chains.

TVL recently crossed $300M and has been growing over the past few weeks.

This growth isn’t driven by hype, but by slow, consistent adoption thanks to strong integrations across top ecosystem protocols and a growing set of attractive DeFi opportunities.

cmETH is also becoming a major player on HyperEVM and what’s interesting is how active it is there. Weekly trading volume on HyperEVM is almost the same as on Ethereum (141 cmETH vs 242 cmETH), even though Ethereum’s cmETH supply is 60× larger. That means cmETH on HyperEVM is extremely productive.

@Infinit_Labs automated a full cmETH looping strategy on HyperEVM using KyberSwap and Hyperbeat. The strategy yields around 7.65% APY and works like this:
1/ Deposit cmETH as collateral on Hyperbeat
2/ Borrow uETH
3/ Swap the uETH to cmETH on KyberSwap
4/ Repeat
It’s been gaining a lot of traction, and everything is executed automatically by Infinit’s AI agents.

Another one of my favorite strategies is on @lendlexyz, where you can exploit the gap between the higher supply APY and the borrow APY on cmETH.

Meaning you can:
1/ Supply cmETH at 2.65% APY
2/ Borrow cmETH at -0.84% APY
3/ Repeat
After 10 loops, the yield reaches around 10% APY. It’s a very comfortable strategy with minimal liquidation risk since the supplied and borrowed assets are the same and move together.

Overall, cmETH is benefiting from strong DeFi momentum, with plenty of ways to put it to work.

Unlike some projects that artificially inflate their supply or volume, cmETH is growing slowly but steadily through real adoption and healthy integration across the ecosystem.