Metal Blockchain 

METAL Price

What is the Metal Blockchain Layer 0 network?

Metal Blockchain is a Layer 0 blockchain developed by Metallicus, a San Francisco company led by co-founder and CEO Marshall Hayner, and supported by the Metal Foundation. The network forks Avalanche's Snow consensus protocols and runs a Primary Network plus customizable subnets. Mainnet has been live since October 18, 2022. Metal Blockchain is EVM-compatible and targets payments, stablecoin infrastructure, and compliance-oriented deployments for banks and credit unions.

How does Metal Blockchain's subnet architecture work?

Metal Blockchain runs a Primary Network plus customizable subnets built on Snow consensus protocols forked from Avalanche. Every subnet must also validate the Primary Network. All four built-in chains are secured by every validator on the network. The platform is EVM-compatible, so Ethereum-based applications can deploy on Metal Blockchain subnets. This design lets institutions launch permissioned chains while anchoring security to the shared Primary Network.

What is the METAL coin used for?

METAL is the native coin of the Metal Blockchain network. The coin pays transaction fees, secures the network through staking, and serves as the unit of account across subnets. All transaction fees on Metal Blockchain are burned permanently — a deflationary mechanism that removes METAL from circulating supply. Staking rewards are the only source of new METAL emission. An ERC-20 wrapper on Ethereum gives METAL a tradable token form on DEX venues.

How is the METAL token supply distributed?

Per DropsTab data, METAL's maximum supply is capped at 666,666,666. Per the official distribution, the Metal Foundation holds an allocation of 153,333,333 METAL and founders received 71,000,000 METAL subject to a 12-month vest. A further 60,000,000 METAL is allocated to MTL, and up to 120,000,000 METAL was reserved for MTL conversion at launch. A 333,333,333 METAL staking-rewards pool pays out on a sliding scale. Founders plus Foundation together represent roughly one-third of the hard cap — a material insider concentration.

Does METAL have a vesting schedule or unlock calendar?

No dated unlock calendar exists for METAL. The founders' 71,000,000 METAL allocation carried a 12-month vest from the October 2022 mainnet launch, completing around October 2023. The gap between circulating supply and the 666,666,666 hard cap enters circulation as staking rewards on a declining sliding scale, not as scheduled cliff unlocks. Inflation therefore arrives gradually over an extended, undisclosed horizon, with no dated unlock events creating concentrated sell pressure.

How does Metal Blockchain staking work?

METAL holders stake the native coin to secure the Metal Blockchain network and earn rewards from the 333,333,333 METAL pool. Staking requires a minimum validator stake of 2,000 METAL and a minimum staking duration of 14 days, per the official Metal Blockchain staking documentation. Emission follows a documented formula that scales with stake duration: 10% plus 2% multiplied by the ratio of minimum to maximum staking duration. Longer locks earn proportionally more. No fixed APY is published for METAL staking — returns depend on the lock duration each staker chooses.

Who backed Metal Blockchain — did METAL hold a token sale or ICO?

No token sale, ICO price, or funding round history has been published for the METAL token. Metallicus, the parent company, is privately held and grew through its token ecosystem and financial-institution partnerships rather than announced venture rounds. The 2017-era Metal (MTL) ICO belongs to the sibling projects Metal DAO and Metal Pay — not to METAL. No publicly confirmed venture investors for the METAL network are on record.

Is Metal Blockchain the same as Metal Pay or Metal DAO?

Metal Blockchain is a distinct project from Metal Pay and Metal DAO, although all three share the same parent company, Metallicus. Metal Pay and Metal DAO use the ticker MTL. The 2017-era MTL ICO belongs to those sibling projects, not to Metal Blockchain's METAL coin. An unrelated micro-cap token also trades under the ticker "METAL" on some venues, so investors should verify the contract before treating any market as a METAL listing.

How is Metal Blockchain connected to banks and the FedNow service?

Metal Blockchain was among the first blockchains connected to the Federal Reserve's FedNow instant-payment service, an integration announced in 2023. Metallicus secured FedNow transaction certification in October 2024. The Metal Foundation runs a Banking and Stablecoin Innovation Program for financial institutions — Meritrust Credit Union joined in May 2024. These programs are institution-facing partnerships, not token-earning campaigns for retail METAL holders.

Where can you trade METAL?

Per DropsTab data, MEXC hosts the only centralized spot market for METAL — the METAL/USDT pair. Decentralized liquidity sits in METAL/USDT pools on Uniswap V4 (Ethereum), which trade the ERC-20 wrapper rather than the native coin. No derivatives markets are tracked. Depth is thin overall, and most liquidity routes through the Ethereum wrapper — a liquidity risk for larger orders. Ticker ambiguity makes contract verification essential before trading.