Projects

Metis - Logo

Metis(METIS)

Blockchains (L2)
Price
~$49.9454
Live
ATH
$314.30
2.5y ago
ATL
$3.99
2.9y ago
Chains
Ethereum - Logo
1 chain

7d price+21.5%

30d price-0.2%

90d price-27.0%

180d price-39.7%

Learn more

What is Metis?

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.

How does Metis work?

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

Who governs Metis?

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.
ExpenseL1 validators' share of fees$80L1 validatorsRevenueMetis' share of fees$100Connects users and L1 validatorsFeesTransaction fees$100Users
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.