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mETH Protocol Risk, Audits & Admin Control — Low Risk | Yielna
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mETH Protocol
Overview
TVL
$628.2M
Up 52% over 90 days
Live since
2023
TVL, last 90 days
$633.42M
$523.44M
$413.46M
Jul 2
Aug 13
Sep 28
Risk
How it's measured
Lower risk
Higher risk
Low
Full data
What's behind it
Security
Audits
Audited by Quantstamp and MixBytes, 2024
Audit page
Contract status
All contracts verified, upgradeable
mETH 0xd5F7…ADfa
Upgrades controlled by
Multisig, behind a timelock
0xc260…aCE2
Multisig
6 of 14 signers must approve
What they approve then waits in the timelock
Safe 0x4e59…D40f
Timelock
3 days before changes take effect
Track record
Through market stress
Came through all 2
August 2024 crash — kept 83% of its deposits
October 2025 liquidation cascade — kept 69% of its deposits
Exploit history
None recorded
Share Protocol Analysis