Metal

$0.2749
-2.4%(24h)Today
-2.4%
30 Days
-1.9%
Price Change (24h)
-$0.006875

Today
-2.4%
30 Days
-1.9%
Price Change (24h)
-$0.006875
The live price of Metal is $0.2749 per MTL/USD, -2.44% in the last 24 hours. It has a market cap of $21.96M and $74.36K in trading volume over the same period. Prices are averaged across every exchange we track and update continuously. MTL has a circulating supply of 92.86M.
Current price
$0.274924h high
$0.282124h low
$0.271124h
-2.44%7d
-13.00%30d change
-1.85%Rank
#828
By market cap
Market Cap
$21.96M
24h Volume
$74.36K
Across 3 exchanges
FDV
$25.53M
If all tokens were issued
Circulating Supply
92.86M MTL
Total Supply
92.86M MTL
Max Supply
—
No fixed cap
Listed on
3 exchanges
Metal is available on 3 exchanges. Prices shown are live.
| Exchange | Pair | Volume | Trade |
|---|---|---|---|
| KuCoin | MTL-USDT | $71.78K | Buy MTL on KuCoin |
| Binance | MTLUSDT | $58.73K | Buy MTL on Binance |
| Gate | MTL_USDT | $2.41K | Buy MTL on Gate |
Price: $0.2749 — Price Source: 3 exchanges
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Metal DAO (MTL) functions as the governance and utility token for Metal L2, an Optimistic Rollup within the Superchain ecosystem. Holders use MTL to pay network gas fees and participate in Metal DAO governance, which includes voting on proposals, grant distributions, and decisions regarding the composition of the Metal Dollar basket, such as selecting stablecoin issuers.
The token also provides benefits within the Metal Pay application, where users can access tiered trading discounts. Those holding more than 10,000 MTL receive zero-fee cryptocurrency purchases. Metal L2, launched by Metallicus, is an Ethereum Layer 2 solution designed to connect traditional banking with decentralized finance, featuring direct integrations with banks and payment partners, and it introduces the Metal Dollar (XMD) stablecoin for transfers between stablecoins and fiat.
The network is built on the Layer 0 Metal Blockchain to support regulatory compliance, including adherence to the Bank Secrecy Act. This architecture aims to connect decentralized applications to broader payment and banking networks while contributing to the Optimism ecosystem. Founded in 2016, Metal DAO oversees this ecosystem, which also includes Metal Pay, a platform supporting over 40 cryptocurrencies.