# Metis

> Track Metis' active users and market cap with daily on-chain data across 2 chains. Compare Metis with other blockchains (L2). Updated daily.

Source: [Metis on Token Terminal](https://tokenterminal.com/explorer/projects/metis). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Token: METIS
- Sectors: Blockchains (L2)
- Chains: ethereum, metis

## About

### What it is

Metis is an L2 smart contract platform for decentralized applications on Ethereum. Metis was founded by Kevin Liu, Elena Sinelnikova, and Yuan Su, and launched in 2021.

### Who uses it

METIS tokenholders own and govern the protocol. They currently run the only sequencer and take a cut of the total transaction fees paid by users (revenue). Metis' investors include Master Ventures, Digital Finance Group, Momentum 6, etc.

### How it works

Metis batches users' transactions and submits them to Ethereum, paying a share of the transaction fees to Ethereum validators (expense).

## Metrics

Token Terminal tracks these metrics for Metis daily. Each page has a chart with the full history.

- [Price](https://tokenterminal.com/explorer/projects/metis/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/metis/metrics/market-cap-fully-diluted)
- [Circulating market cap](https://tokenterminal.com/explorer/projects/metis/metrics/market-cap-circulating)
- [Token trading volume](https://tokenterminal.com/explorer/projects/metis/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/metis/metrics/token-turnover-fully-diluted)
- [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/metis/metrics/token-turnover-circulating)
- [Circulating supply](https://tokenterminal.com/explorer/projects/metis/metrics/token-supply-circulating)
- [Bridge deposits](https://tokenterminal.com/explorer/projects/metis/metrics/bridge-deposits)
- [Active users (daily)](https://tokenterminal.com/explorer/projects/metis/metrics/user-dau)
- [Active users (weekly)](https://tokenterminal.com/explorer/projects/metis/metrics/user-wau)
- [Active users (monthly)](https://tokenterminal.com/explorer/projects/metis/metrics/user-mau)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/metis/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/metis/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/metis/metrics/active-addresses-monthly)
- [Core developers](https://tokenterminal.com/explorer/projects/metis/metrics/active-developers)
- [Code commits](https://tokenterminal.com/explorer/projects/metis/metrics/code-commits)
- [Transaction count](https://tokenterminal.com/explorer/projects/metis/metrics/transaction-count)
- [Transactions per second](https://tokenterminal.com/explorer/projects/metis/metrics/transactions-per-second)
- [Block time](https://tokenterminal.com/explorer/projects/metis/metrics/block-time)

## Links

- [github](https://github.com/MetisProtocol)
- [twitter](https://twitter.com/MetisDAO)
- [discord](https://discord.com/invite/RqfEJZXnxd)
- [etherscan](https://etherscan.io/token/0x9e32b13ce7f2e80a01932b42553652e053d6ed8e)
- [website](https://www.metis.io/)