Market cap
$24.27M
10.69 %
Volume (24h)
$4.26M
10.69 %
Circulating supply
6,555,834 METIS
Total supply
10,000,000 METIS
Max. supply
10,000,000 METIS
Metis Token (METIS)
$ 3.70
10.69 %
Main info
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Markets
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Key data
updated $0Market cap$24.27M
Volume 24h$4.26M
Circulating supply6.56M66% of max 10M
All-time high$322.35-99% from peak · 2022-01-16
Metis Token, ticker METIS, is the native cryptocurrency of the Metis network — a Layer 2 platform built on top of Ethereum to make transactions faster and cheaper. In plain terms, it's the fuel of that ecosystem: people use it to pay network fees, help secure the system through staking, and take part in how the network develops. Its total supply is hard-capped at 10 million coins, so that's all there will ever be.
Frequently asked questions
What is Metis Token and how is it different from other cryptocurrencies?
METIS is the native token of the Metis network, a Layer 2 solution designed to take the load off Ethereum by processing transactions faster and at a fraction of the cost. Unlike many tokens that simply run on someone else's blockchain, METIS powers its own infrastructure — it's used to pay for transactions, run sequencer nodes, and vote on network decisions. Its supply is strictly limited to 10 million coins, which sets it apart from coins with unlimited issuance.
How does the Metis technology work?
Metis operates as a Layer 2 rollup: it processes transactions off the main Ethereum chain, bundles them together, and records the results back on Ethereum. This 'optimistic' approach means transactions are assumed valid and only get double-checked if someone raises a challenge, which keeps things fast and cheap. Because the data ultimately lives on Ethereum, Metis inherits a large share of its security.
How is the METIS supply and emission structured?
METIS has a hard cap of 10 million coins, meaning no more will ever be created — there is no endless inflation built into the code. The initial supply was distributed across areas like ecosystem development, the team, investors, and community incentives. This fixed-supply model is one of the token's defining features.
How can I store and use METIS?
Since Metis is compatible with the Ethereum ecosystem, METIS works with everyday wallets like MetaMask or a hardware wallet — you just need to add the Metis network settings to your wallet. In practice, people use it to pay transaction fees on the network, stake it to help operate a sequencer node, and participate in governance. Moving METIS between Ethereum and Metis is done through bridges, just like with other Layer 2 tokens.