Metera Protocol

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

Metera Protocol's governance or utility token carries a market capitalisation of 92.947,3 $ based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (92.947,3 $) above the protocol's on-chain TVL (25.271,4 $) — a mcap/TVL multiple of 3.68× implies investors are paying for expected future fee flows rather than current deposits alone.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. May 1, 2025
   Auf DeFiLlama gelistet

Metera Protocol is a Indexes — a decentralised exchange where users swap assets against on-chain liquidity pools rather than a central order book. It is deployed on Cardano. The codebase has been independently audited (1 report on file).

Metera Protocol is a single-chain protocol, deployed exclusively on Cardano — this concentrates execution risk but simplifies the trust model. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Its token market cap (92.947,3 $) currently exceeds total value locked (25.271,4 $) — a mcap/TVL ratio of 3.68 suggests the market is pricing in more growth than current deposits support.

Verified external resources for Metera Protocol — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Metera Protocol is one of 7 Indexes protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Mantle Index Four Fund, Reserve Protocol, SoSoValue Indexes, and 3 more. These peer protocols collectively secure 532,1 Mio. $ in deposits, giving you a frame of reference for whether Metera Protocol's own TVL is at the top, middle, or tail of the category.

Mantle Index Four Fund

TVL 141,4 Mio. $ · 24h +1.11%

Reserve Protocol

TVL 118,1 Mio. $ · 24h +0.11%

SoSoValue Indexes

TVL 96,9 Mio. $ · 24h +0.24%

Enzyme Finance

TVL 91,4 Mio. $ · 24h -0.28%

Bwatch

TVL 58,3 Mio. $ · 24h 0.00%

dHEDGE Vaults

TVL 26 Mio. $ · 24h +0.21%