What Metis Token scales

Metis Token (METIS) is an Ethereum Layer-2 / scaling network token, currently ranked 454th by market capitalization among the assets we track. Metis Token is an Ethereum Layer-2: it executes transactions off the main chain, then posts compressed proofs back to Ethereum for final settlement. Users get cheaper, faster transactions while inheriting Ethereum's security.

Metis Token (METIS) is the native utility token of the Metis framework, designed to enhance decentralized applications (dApps) and services on the Metis layer 2 solution for Ethereum, enabling scalability and lower transaction costs. It serves various purposes within the ecosystem, such as governance, staking, and payment for transaction fees.

How rollup settlement works

Transactions are cheap on Metis Token because thousands of them share one L1 settlement. The economics hinge on data-availability costs and how much the rollup can charge above them.

Background & fundamentals

Its codebase is open-source, meaning the implementation can be audited rather than taken on trust. The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in METIS. In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20), Binance Coin (BNB) Token (BEP-20), and Layer 2 (L2).

Where Metis Token sits in the market

With METIS near $2.64, Metis Token carries a market capitalization of $17.28M. Around $1.52M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 8.78% of the float — elevated, often a sign of narrative-driven trading.

Almost the entire METIS supply is already in circulation (~100.0% of the 10M cap), so future dilution is effectively off the table. METIS remains -99% beneath its all-time high of $322.35, the kind of gap that historically takes a full cycle or a fresh catalyst to close.

What the price history shows

The tape currently reads 24-hour -4.20%, 7-day -10.96%. METIS is currently trading near the bottom of its 365-day range (around the 2nd percentile of recent closes).

Volatility profile

Recent action puts Metis Token in the High-volatility band — it has been actively trading, with daily moves that would be unusual in traditional equities.

How to evaluate an L2 like Metis Token

The honest checklist for METIS is short:

  • Activity captured — transactions, fees, and TVL that Metis Token has pulled from Ethereum mainnet and rival L2s.
  • Decentralization roadmap — sequencer decentralization and whether the proof system is live and trust-minimized.
  • Token accrual — how — or whether — METIS actually captures the value the rollup generates.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.