What is the current price of Metis?
The current price of Metis is $4.08 with a 1.67% change in the last 24 hours.
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Derivatives and mapped ecosystem data, with source timings and coverage.
Metis is an Ethereum Layer 2 network that uses optimistic rollup technology to move transaction execution off the Ethereum base layer while still settling to it. Its documentation describes Metis as "a next-generation Layer 2 Ethereum solution, designed to empower decentralized applications and businesses with scalability, low-cost transactions, and a user-centric ecosystem," built around optimistic rollups and decentralized sequencers.
METIS is the network's token. It is the gas token on Metis Andromeda, it is what sequencer operators lock as stake in order to produce blocks, and it carries governance weight. A live RPC query against the Andromeda endpoint returns chain ID 0x440, which is 1088.
Two things have changed materially since launch, and both matter for anyone reading older descriptions. Metis moved from a single centrally operated sequencer to a decentralized sequencer pool with staking and rewards, and it is no longer one network: Andromeda remains the production chain, while Hyperion is a newer, higher-performance chain built with the Metis SDK and aimed at AI workloads.
Official sources:
Metis was co-founded in 2018 by Elena Sinelnikova, Kevin Liu and Yuan Su. Sinelnikova, the chief executive, previously worked as a software developer for government and law enforcement bodies and co-founded CryptoChicks, a nonprofit focused on blockchain education for women, alongside Natalia Ameline, who also works with Metis as a technology researcher and decentralized coordinator. Liu came from investment management and business analytics; Su spent a long stretch in software engineering and management at IBM.
Andromeda mainnet launched on 19 November 2021, originally derived from Optimism's codebase, and shipped alongside a 100 million dollar ecosystem fund. The project's early identity was the Decentralized Autonomous Company, a framework intended to let organizations coordinate on-chain. The decentralized sequencer program rolled out from 2024, adding sequencer mining rewards, node staking and liquid staking derivatives around locked METIS. In March 2025 Metis announced its dual-chain direction with Hyperion, and its 2026 strategy focused on integrating AI with high-performance blockchain infrastructure across Andromeda, Hyperion and LazAI.
Metis is an optimistic rollup, which means it assumes transactions are valid and relies on a challenge window plus fraud proofs rather than proving every batch up front. Its documentation names seven distinct actors:
Users and Sequencer Nodes Users submit transactions. Sequencer nodes order them, produce blocks and propagate them through the peer network. Unlike a rollup with a single operator, Metis runs a pool of sequencers that take turns.
Verifiers Verifiers are the counterpart to sequencers. Their job is to watch for invalid or false data and raise a challenge when they find it.
L1 smart contracts Contracts on Ethereum handle system security and resolve disputes between a sequencer and a verifier. The sequencer staking contracts, LockingInfo and LockingPool, also live on Ethereum mainnet rather than on the L2.
Data storage and governance Transaction data is stored through Memolabs. The governance protocol, partly in L1 contracts, handles system parameters including who may join the sequencer pool.
Becoming a sequencer is a governed process rather than an open one. An operator submits a proposal on the Metis governance forum, is reviewed by governance, and if approved must lock a minimum of 20,000 METIS on Ethereum mainnet, with a maximum lock of 100,000 METIS, and run hardware meeting a documented baseline of 8 vCPU, 16 GiB RAM and 500 GiB of storage.
METIS has a fixed total supply of 10,000,000 tokens. A live read of the Ethereum contract at 0x9E32b13ce7f2E80A01932B42553652E053D6ed8e returns exactly that figure, confirming that sequencer rewards are paid from an existing allocation rather than by minting new tokens.
METIS is used for:
0xdead...0000The decentralized sequencer is the clearest differentiator. Most optimistic rollups still run a single sequencer operated by the core team, a censorship and liveness risk the industry generally acknowledges and defers. Metis put real economics behind changing that: a staking requirement in its own token, governance-approved entry, rewards for operators and stakers, and Ethereum-side contracts holding the stake. The second difference is architectural direction: rather than scaling one chain indefinitely, Metis split into a stable general-purpose network and a performance-oriented one, and published an SDK so the same stack can launch others.
Against Arbitrum and Optimism, Metis is much smaller in ecosystem size but ahead on sequencer decentralization, and it uses its own token for gas rather than ETH. That last choice is a genuine trade-off: it creates native demand for METIS but adds friction for users and bridges that expect an ETH-denominated L2.
Against zero-knowledge rollups such as zkSync or Scroll, Metis carries the standard optimistic property of a challenge window on withdrawals, in exchange for simpler EVM equivalence and lower proving cost. Against other AI-branded chains, its angle is that the AI work sits in the execution layer, through MetisVM precompiles and parallel execution, and in a sibling network, LazAI.
Security is inherited from Ethereum and enforced through the rollup design. State commitments are posted periodically to Ethereum, verifiers monitor sequencer output, and L1 contracts arbitrate disputes between them. Because the sequencer stake sits in contracts on Ethereum mainnet rather than on the L2 itself, a compromise of the L2 does not put that stake at risk.
Sequencer admission adds a governance layer on top: operators are reviewed before they can join, which raises the bar against anonymous or unprepared participants but also means the set is permissioned rather than fully open. Metis has published third-party security audits of its smart contracts, bridges and protocol from firms including SlowMist, Hacken and Armors Lab.
Sequencer centralization is the open problem in the optimistic rollup category. Nearly every major L2 acknowledges it, and few have shipped a working alternative with real stake behind it. Metis did, with governance-gated entry, an Ethereum-side staking contract and a reward program. For a reader trying to understand how a rollup can actually decentralize block production rather than promising to, Metis is one of the more concrete case studies.
METIS trades on centralized exchanges and on decentralized exchanges within the Metis ecosystem. Availability and pairs vary by jurisdiction and change over time.
METIS is commonly available on large international exchanges such as:
METIS can be held:
The ERC-20 on Ethereum and the native token on Andromeda are the same asset in different places. Moving between them requires the bridge, so confirm the network before every deposit and withdrawal.
You can compare METIS with related ecosystems on Coinrithm:
Track Metis live price, chart, market cap, and volume in real time. Practice mock trading and demo trading for Metis on CoinRithm before using real money.
Use a crypto paper trading account to demo trade Metis with real-time prices, AI trade feedback, and trading leagues. Test strategies, learn risk management, and build confidence before trading Metis with real money.
Read the complete paper trading guideThe current price of Metis is $4.08 with a 1.67% change in the last 24 hours.
The daily trading volume is $2,683,984 representing a 178.40% change in the past 24 hours.
The market capitalization of Metis is $33,140,898, ranking #404 globally.
The fully diluted valuation (FDV) of Metis is $40,820,528, calculated assuming the maximum supply of 10,000,000 METIS is in circulation.
Circulating: 8,118,684. Total: 10,000,000. Max: 10,000,000.
In the last 24 hours, Metis traded between a low of $3.95 and a high of $4.29.
METIS/USDTTether USDT4.08 USDT
DeFi risk management service LlamaRisk recommended that Aave wind down every reserve on Sonic, Scroll, zkSync, Metis, Soneium and Aptos, but action against most of those instances was already taken.
A governance proposal would shut deployments on Sonic, Scroll, zkSync, Metis, Soneium and Aptos, and retire 50 asset markets elsewhere. Deposits on some have fallen more than 90%.
The partnership is set to widen the accessibility of $METIS for the consumers while also unlocking unique ways for interaction with the Metis network.
Victoria, Seychelles, 28th January 2026, Chainwire
As part of Fair Shares and Metis collaboration, the participants joining early will get priority in access to the latest features, opportunities, and benefits.
Vital Block Security is adding Metis L-2 in its supported blockchain networks that brings end-to-end smart contract auditing services to the growing ecosystem.
