Metis
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Revenue Breakdown
About Metis
Powering dApps, Businesses, and Communities with Decentralization by scaling Ethereum to what its meant to be. Boundless.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Metis tokenomics and on-chain capital
Metis's governance or utility token carries a market capitalisation of $25M based on circulating supply at the latest DeFiLlama snapshot.
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.
Protocol Profile
Metis is a Canonical Bridge protocol that moves assets and messages between blockchains, locking value on the source chain and minting or releasing a representation on the destination.
Official Resources & Links
Verified external resources for Metis — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other Canonical Bridge protocols on Mantapex
Metis is one of 7 Canonical Bridge protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Arbitrum Bridge, Base Bridge, Optimism Bridge, and 3 more. These peer protocols collectively secure $8.1B in deposits, giving you a frame of reference for whether Metis's own TVL is at the top, middle, or tail of the category.
Recent Metis news
Latest reporting from major crypto news outlets covering Metis.
- Crypto news
Nansen brings Metis Andromeda's onchain activity into clear view
Nansen just flipped the lights on inside Ethereum's most opaque scaling playground.
- Coingape
The Dual-Network Revolution: How Metis' Andromeda and Hyperion Are Reshaping Layer 2 Infrastructure and AI Integration
Metis is now carving a bold path forward with its dual-network ecosystem: the trusted Andromeda network combined with the innovative Hyperion Layer 2 blockchain. Powered by a…
- Cointelegraph
Layer-2 networks need decentralized sequencers — Metis co-founder
According to data from L2 Beat, there are 118 layer-2 scaling solutions listed for the Ethereum network as of December 2024.
- Coindesk
FTX's Downfall Couldn't Have Happened Without SBF's Fraud – Or Prager Metis' Audit Failure
FTX's auditor recently agreed to settle misconduct charges with the SEC. Jack Castonguay says auditors working with the crypto industry should take notice.
- FinanceMagnates
FTX Auditor Prager Metis to Pay $1.95 Million for Negligence
The SEC alleged that the auditor failed to comply with auditing standards and establish connections between FTX and Alameda Research. The auditor violated rules while auditing…
- PYMNTS
SEC and Prager Metis Settle Charges Related to FTX Audits
The Securities and Exchange Commission (SEC) has announced a settlement with audit firm Prager Metis that includes charges related to the firm's audits of FTX. The settlement…
- Cryptopolitan
Prager Metis settles with the SEC for $2m over misconduct in FTX audits
Accounting and consulting company Prager Metis CPAs and its California-based affiliate are now $1.95 million lighter. The SEC nailed them for two counts of misconduct during their…
- Decrypt
FTX Auditor Prager Metis Settles SEC Charges Over 'Negligence'
FTX's former auditor Prager Metis reached a settlement agreement with the SEC over failures in its review of the collapsed crypto exchange.
Related protocols
Other DeFi protocols connected to Metis by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other Canonical Bridge protocols
Fork lineage & related versions
Risk Warning
DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.
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