Metis METIS

What METIS actually is on-chain

Metis is an ERC-20 deployed on Ethereum, at contract address 0x9e32b13ce7f2e80a01932b42553652e053d6ed8e. That address, not the ticker METIS, is what uniquely identifies this asset: anyone can deploy a second token calling itself METIS, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, METIS is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in METIS itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

For METIS the project publishes a public source repository and an active account as @MetisL2. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where METIS sits in the market

At #749, Metis is in the top of the small-cap band. Books at this depth are thin enough that one sizeable market order can move the printed price by several percent and retrace within minutes, which is precisely why a single static price target makes a poor trigger — you want a condition that survives one wick. Availability is concentrated in a handful of venues and volume-based delisting is a live risk rather than a theoretical one.

CryptoPingAi is currently streaming 5 live METIS order books (Binance, Bitget, Gate.io, HTX, Bithumb). That is wider coverage than most assets ranked near #749 carry, so a divergence on any one of them is far more likely to be a local liquidity event than a genuine repricing. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

METIS against its all-time high

METIS is more than 95% below its all-time high of $323.54 (on 2022-01-16) — a 112x gap. At this point the record has essentially no analytical value: it belongs to a different supply structure, a different holder base and often a different market cycle. The useful reference for METIS is the downside, not the peak, so the range section below matters more than this one. It was set 5 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

METIS across its historical range

METIS has traded across a 119x range, between $2.73 and $323.54. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

METIS is within 5.5% of its all-time low of $2.73, printed on 2026-04-05. This is the part of a chart with no history: there is no prior trading below this level, so there is no support to reference, no volume shelf and no cost-basis cluster to lean on. That low is recent, so this is an active downtrend rather than an old floor holding: each fresh low retires the previous one as a reference.

METIS supply and valuation data

Metis sits just outside the band where circulating and total supply are independently verified, so we hold a valuation figure for METIS but not an audited token count. What we do have is a fully diluted valuation of $40.6 million as of 2026-05-12. That places it in the top 10% by fully diluted value.

Because that valuation is a snapshot rather than a live figure, we deliberately do not back out a supply number from it — the price has moved since, and the division would produce a confident-looking token count that is simply wrong. Check the project's own explorer for the current supply before using any per-token valuation. The authoritative figure is the one etherscan.io reports for this contract.

What kind of asset METIS is

Metis is a layer-2 or scaling asset, which means its economics are downstream of a base chain. Fee revenue depends on how much activity migrates to it, and the competitive set is crowded — several rollups compete for the same transactions with near-identical technical claims. Sequencer decentralisation and the fee split with the settlement layer are the structural questions.

CoinGecko files METIS under 9 categories, including Ethereum Ecosystem, Metis Ecosystem, Layer 2 (L2), DWF Labs Portfolio, Rollup. CoinGecko also records deployments on Ethereum (3,072 tracked tokens), so its on-chain liquidity and its user base move with that network. Worth flagging from the metadata: METIS is listed in the DWF Labs portfolio.

How to set a Metis alert that is worth receiving

Metis is the ERC-20 at 0x9e32…ed8e on Ethereum — quoted on 5 venues we stream — high dated 2022-01-16 — rank #749. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →