Metis is a blockchain project that enhances the usability of decentralized applications through advanced technologies.

How does Metis operate?

Metis operates by utilizing Optimistic Rollup and Decentralized Sequencing to improve transaction speed and responsiveness.

What are the technical characteristics of Metis?

Metis combines security, decentralization, and high-speed performance, making it a developer-friendly blockchain.

What are the risks associated with transferring Metis?

Digital asset prices can be volatile, and users should verify contract addresses and networks before transferring assets.

How can I verify the acquisition of Metis?

Verify the asset name, network, and contract details before transferring, and review custody methods.

Where can I find official resources for Metis?

Official resources for Metis can be found on their website and GitHub repository.

Metis (METIS)

Rank #655

Market snapshot

Price: $2.44
Market cap: $18.8M
24h volume: $2.0M
Circulating supply: 7,729,946.842
Total supply: 10,000,000
Max supply: 10,000,000

What is Metis?

Metis aims to improve the performance and usability of blockchain applications by leveraging technologies such as Optimistic Rollup and Parallel Execution. It functions as a modular blockchain, facilitating the development of decentralized finance (DeFi) applications, AI-driven smart contracts, and enterprise blockchain solutions.

How Metis works

Metis utilizes Optimistic Rollup and Decentralized Sequencing to enhance transaction speed and responsiveness, making blockchain applications comparable to traditional Web2 applications. Its architecture allows for seamless cross-chain interoperability, ensuring efficient data flow and liquidity across different blockchain networks. MetisDB is integral to this process, eliminating storage bottlenecks to support high-frequency transactions.

Key information

Symbol: METIS
CMC rank: #655
Network / platforms: Ethereum, Metis Andromeda
Categories: N/A
Date added: May 8, 2021

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

Ethereum
0x9E32b13ce7f2E80A01932B42553652E053D6ed8e
Metis Andromeda
0xDeadDeAddeAddEAddeadDEaDDEAdDeaDDeAD0000

Key characteristics

Metis is designed to be developer-friendly, combining security, decentralization, and high-speed performance. It is categorized under various tags including zero-knowledge proofs, layer-2 solutions, and modular blockchain.

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Metis?: Metis is a blockchain project that enhances the usability of decentralized applications through advanced technologies.
How does Metis operate?: Metis operates by utilizing Optimistic Rollup and Decentralized Sequencing to improve transaction speed and responsiveness.
What are the technical characteristics of Metis?: Metis combines security, decentralization, and high-speed performance, making it a developer-friendly blockchain.
What are the risks associated with transferring Metis?: Digital asset prices can be volatile, and users should verify contract addresses and networks before transferring assets.
How can I verify the acquisition of Metis?: Verify the asset name, network, and contract details before transferring, and review custody methods.
Where can I find official resources for Metis?: Official resources for Metis can be found on their website and GitHub repository.

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