Is this crypto halal? Shariah screening report

Mantle Restaked Ether

CMETH

Comfortable
Price
$2,688.96
Market cap
$41.45M
Circulating supply
15,415.556
24h change
0.52%

Report generated 8/27/2026, 6:34:27 PM · stored corpus assessment · confidence 88%

Crypto Halal Report Criteria

We use a disciplined framework to determine if a digital asset is Comfortable from a sharia perspective, based on three core pillars.

Purpose & Real-World Value Clear

Mantle Restaked Ether (CMETH) is a liquid staking token on the Mantle Network that represents Ethereum staked through Lido. It allows users to participate in Ethereum staking while maintaining liquidity of their assets.

Honesty & Founder Intent Clear

CMETH is minted based on ETH deposits and follows a straightforward 1:1 relationship with staked ETH. There are no concerning patterns in token distribution that would indicate founder enrichment schemes.

Dealing with Risk & Speculation Clear

Speculative trading of a real asset is treated as trade, not gambling, under the screening framework.

Crypto Overview

Ethereum EcosystemLiquid Staking DerivativesRestakingRehypothecated CryptoMantle Ecosystem

Purpose and Utility

Mantle Restaked Ether (CMETH) is a liquid staking token on the Mantle Network that represents Ethereum staked through Lido. It allows users to participate in Ethereum staking while maintaining liquidity of their assets.

Current Usage

CMETH is actively used within the Mantle ecosystem, though specific adoption metrics are limited. The token serves a clear utility purpose as a liquid staking derivative.

Business Model

The token is part of the Mantle Network ecosystem and operates by accepting ETH deposits which are then staked through Lido's staking protocol. Users receive CMETH in return, which represents their staked ETH position.

Development Activity

The Mantle Network maintains active development, with CMETH being an integral part of their staking infrastructure. The project demonstrates ongoing technical updates and maintenance.

Token Distribution

CMETH is minted based on ETH deposits and follows a straightforward 1:1 relationship with staked ETH. There are no concerning patterns in token distribution that would indicate founder enrichment schemes.

Rating Justification

Comfortable

From a Shariah compliance perspective, CMETH represents actual ownership of staked ETH and provides clear utility within the Mantle ecosystem. The token serves a legitimate purpose in providing liquid staking services, and its operations are transparent and traceable. While liquid staking derivatives can be complex, CMETH's fundamental structure involves actual asset ownership and value exchange, distinguishing it from gambling or zero-sum games. The underlying staking mechanism and token representation align with halal principles of asset ownership and value creation.

While we find this token comfortable to invest in from a Shariah-screening perspective, this does not imply we think it is a strong investment.

Comparable assessments

  • BounceBit BTC BBTC

    Comfortable

    Comfortable — Sharia Compliance Analysis From an Islamic finance perspective, BounceBit BTC appears to operate as a genuine cryptocurrency where actual ownership of tokens is

    Open report
  • Eigenpie mstETH MSTETH

    Comfortable

    Comfortable — Sharia Compliance Analysis The core functionality of mstETH involves the actual exchange of digital assets (ETH for mstETH) and provides clear utility through s

    Open report
  • None EETH

    Comfortable

    Comfortable — From an Islamic finance perspective, ether.fi's EETH token represents actual ownership of staked ETH and provides legitimate utility through network security pa

    Open report
  • Lido wstETH WSTETH

    Comfortable

    Comfortable — From a Shariah compliance perspective, wstETH represents actual ownership of staked ETH assets and provides clear utility through its role in Ethereum's proof-o

    Open report
  • Liquid Staked ETH LSETH

    Comfortable

    Comfortable — LSETH represents actual ownership of staked ETH and provides legitimate utility through network validation. The token facilitates a real exchange of value and s

    Open report

Disclaimer: These reports are findings of AI analysis and cannot be guaranteed to be accurate. Ratings reflect opinions derived from automated criteria applied to the sources you submitted and a corpus of prior assessments. This is not a fatwa and does not determine Islamic law. Ratings may change as projects evolve. Always conduct your own research before investing.

  • corpus

Want to train AI bot on your own website? Try Devon for free.