Convert and Swap Metis METIS to United States Dollar USD
METIS/USD: 1 Metis equals $42.75 USD
Last update: 11:35 PM, December 22, 2024
Refresh
Metis market latest
Trade Metis today
Create a Coinbase account to buy and sell Metis on the most secure crypto exchange.
Metis is falling this week.
The current price of Metis is $42.75 per METIS. With a circulating supply of 6,151,334.342 METIS, it means that Metis has a total market cap of $264,035,355.01. The amount of Metis traded has fallen by $3,021,413.13 in the last 24 hours, which is a 24.92% decrease. Additionally, in the last day, $12,124,627.51 worth of METIS has been traded.
Buy Metis with Coinbase Wallet
Create a Coinbase account to buy and sell Metis on the most secure crypto exchange.
About Metis
METIS is an Ethereum token and operates as the internal currency for staking and payments in the Metis crypto ecosystem. Users can pay for goods and services offered through Decentralized Autonomous Companies (DACs) built on the Metis protocol. METIS tokens also play a role in reducing spam and ensure trust between developers and users alike.
Metis is an Ethereum Layer-2 scaling solution that aims to address the blockchain trilemma, which posits that blockchains cannot simultaneously achieve decentralization, security, and scalability. Metis seeks to overcome Ethereum's primary challenges, including speed, cost, and scalability. It provides a platform for developers to create and manage decentralized applications (dApps), and supports those who wish to build and launch new dApps. Metis also integrates the Decentralized Autonomous Company (DAC) framework into its Layer 2 infrastructure, aiming to facilitate the transition from Web 2.0 to Web 3.0 for developers and businesses.
Metis operates by using Optimistic Rollups, which allow users to transact quickly and inexpensively on the Ethereum blockchain. This technology batches multiple transactions into a single transaction that is then processed on Ethereum. Metis' Layer 2 infrastructure leverages Ethereum's security and decentralization to make transactions more affordable and faster. Unlike traditional systems where transaction data is stored on layer-1, Metis stores most of its transaction data off-chain, with only the minimum viable data stored on its layer-1. This off-chain data is then placed in Memolabs storage by the Sequencer, making storage substantially cheaper compared to Layer 1 like Ethereum. Metis also offers a modular framework, enabling developers to build and customize their own dApps using Metis’ infrastructure.
Metis is designed to support a wide range of use cases, particularly in the realm of decentralized applications (dApps). It aims to assist developers in creating and managing existing dApps, as well as supporting those who wish to build and launch new dApps. Metis also integrates the Decentralized Autonomous Company (DAC) framework into its Layer 2 infrastructure, which can help developers and businesses transition from Web 2.0 to Web 3.0. Furthermore, Metis has launched a grants program called the DAOtribution Campaign, which aims to empower contributors and communities to initiate their DACs on KORIS.
Metis was founded in 2019 by Elena Sinelnikova, Kevin Liu, and Yuan Su, but the business didn't officially launch until November 17, 2021. Sinelnikova has a background in blockchain, cybersecurity, software development, and full-stack programming, and she established other crypto projects prior to founding Metis. Kevin Liu has experience in investment management and strategic development, while Yuan Su worked as a software engineer and manager at IBM until 2019, when he co-founded Metis. On March 2, 2023, Metis announced that it was building the first-ever Hybrid Rollup by combining optimistic rollup architecture with zero-knowledge proofs.
How Metis and United States Dollar differ
Metis and the US Dollar differ fundamentally in their nature, operation, and potential use cases. Metis, an Ethereum Layer-2 scaling solution, aims to address the blockchain trilemma of decentralization, security, and scalability. It provides a platform for developers to create and manage decentralized applications (dApps), and supports those who wish to build and launch new dApps. Metis operates using Optimistic Rollups, a technology that batches multiple transactions into a single one, making transactions faster and more affordable. On the other hand, the US Dollar is a traditional fiat currency, controlled by the Federal Reserve, and used for all kinds of transactions, from buying groceries to international trade. Unlike Metis, the US Dollar does not facilitate the creation of dApps or offer a transition from Web 2.0 to Web 3.0. Furthermore, while the US Dollar is subject to inflation and monetary policy decisions, Metis' value is influenced by factors such as demand for its use in dApps and the overall performance of the Ethereum network.
Frequently asked questions
How much is 1 Metis in USD?
Right now, 1 Metis is worth about $42.75.
How much METIS could I buy for 1 USD?
Based on the current rate, you could get 0.0234 METIS for 1 USD.
How much has the price of Metis changed?
Metis price has been declining. Since yesterday, the exchange rate of Metis has decreased. Since last month, the exchange rate of Metis has decreased. Since this time last year, the price of Metis has increased.
How do I calculate or convert METIS to USD?
You can use our METIS to USD calculator at the top of this page to convert any amount of METIS to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.12 METIS. Inversely, 5 METIS will cost about $213.77
How can I buy 1 Metis on Coinbase?
Metis is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Metis.
What are assets similar to Metis that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Metis, including Tether Gold, Enjin Coin, and STEPN. For a more robust list of assets to explore, jump to the asset page dedicated to Metis.
Buy Metis with Coinbase
Create a Coinbase account to buy and sell Metis on the most secure crypto exchange.
Buy Metis with Coinbase Wallet
Create a Coinbase account to buy and sell Metis on the most secure crypto exchange.
Browse related conversions
Popular Metis conversions
A selection of other popular currency conversions of Metis to various fiat currencies.
METIS to United States Dollar conversion tables
The exchange rate of Metis is decreasing.
The current value of 1 METIS is $42.75 USD. In other words, to buy 5 Metis, it would cost you $213.77 USD. Inversely, $1.00 USD would allow you to trade for 0.0234 METIS while $50.00 USD would convert to 1.1695 METIS, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 22.83%. Meanwhile, in the last 24 hours, the rate has changed by 2.81%, and that the the highest exchange rate of 1 METIS to United States Dollar was $44.67 USD and the lowest 24 hour value was 1 METIS for $41.83 USD. This time last month, the value of 1 METIS was $50.30 USD, which is a 14.52% increase from where it is now. Looking back a year, Metis has changed by $35.37 USD.
METIS to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$44.01 USD | -2.81% | $55.58 USD | -22.83% | $50.30 USD | -14.52% | $35.37 USD | 23.24% |
METIS to USD
Amount | Today at 11:35 pm |
|---|---|
0.5 METIS | $21.38 |
1 METIS | $42.75 |
5 METIS | $213.77 |
10 METIS | $427.55 |
50 METIS | $2,137.75 |
100 METIS | $4,275.50 |
500 METIS | $21,377.50 |
1,000 METIS | $42,755.00 |
USD to METIS
Amount | Today at 11:35 pm |
|---|---|
0.5 USD | 0.0117 METIS |
1 USD | 0.0234 METIS |
5 USD | 0.12 METIS |
10 USD | 0.23 METIS |
50 USD | 1.17 METIS |
100 USD | 2.34 METIS |
500 USD | 11.69 METIS |
1,000 USD | 23.39 METIS |
Today vs. 24 hours ago
Amount | Today at 11:35 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 METIS | $21.38 | $21.94 | -2.56% |
1 METIS | $42.75 | $43.88 | -2.56% |
5 METIS | $213.77 | $219.38 | -2.56% |
10 METIS | $427.55 | $438.77 | -2.56% |
50 METIS | $2,137.75 | $2,193.83 | -2.56% |
100 METIS | $4,275.50 | $4,387.66 | -2.56% |
500 METIS | $21,377.50 | $21,938.29 | -2.56% |
1,000 METIS | $42,755.00 | $43,876.59 | -2.56% |
Today vs. 1 month ago
Amount | Today at 11:35 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 METIS | $21.38 | $25.07 | -14.74% |
1 METIS | $42.75 | $50.15 | -14.74% |
5 METIS | $213.77 | $250.74 | -14.74% |
10 METIS | $427.55 | $501.48 | -14.74% |
50 METIS | $2,137.75 | $2,507.38 | -14.74% |
100 METIS | $4,275.50 | $5,014.75 | -14.74% |
500 METIS | $21,377.50 | $25,073.76 | -14.74% |
1,000 METIS | $42,755.00 | $50,147.52 | -14.74% |
Today vs. 1 year ago
Amount | Today at 11:35 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 METIS | $21.38 | $17.63 | +21.25% |
1 METIS | $42.75 | $35.26 | +21.25% |
5 METIS | $213.77 | $176.31 | +21.25% |
10 METIS | $427.55 | $352.63 | +21.25% |
50 METIS | $2,137.75 | $1,763.14 | +21.25% |
100 METIS | $4,275.50 | $3,526.28 | +21.25% |
500 METIS | $21,377.50 | $17,631.39 | +21.25% |
1,000 METIS | $42,755.00 | $35,262.78 | +21.25% |
Buy Metis with Coinbase
Create a Coinbase account to buy and sell Metis on the most secure crypto exchange.
Buy Metis with Coinbase Wallet
Create a Coinbase account to buy and sell Metis on the most secure crypto exchange.
Discover assets similar to Metis
Top trading volume
Browse the assets with the highest trading volume in the past 24H on Coinbase.
Buy other crypto
A selection of guides on how to buy some of the top 50 assets by market capitalization.
Explore more conversions
Advanced asset conversions
A selection of relevant cryptocurrencies you might be interested in based on your interest in Bitcoin.
More currency conversions
A selection of conversions for different assets and currencies.
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.