DeFi Saver’s Recipe Creator a DeFi UX GamechangerRead on the DeFi Pulse Blog

Key Stats

Total Value Locked24H
in USD$62.1M+4.4%
in ETH24.8K ETH-0.4%
in BTC1.6K BTC-3.6%
ETH Locked14.62K ETH-3.8 ETH
% Supply Locked0.01%
Blockchain
Ethereum
Most Locked$ETH
Protocol Token$MET

Total Value Locked (USD) in Metronome

  • TVL (USD)
  • ETH
  • All
  • 1 Year
  • 90 Day
  • 30 Day
defipulse chart

What is Metronome?

Metronome (MET) is a cryptocurrency or DeFi asset designed with a low rate of continuous issuance through its daily auctions. Metronome also has an on-chain DEX that provides MET/ETH liquidity (AMM). Metronome believes the highly predictable nature of MET's issuance will help MET behave more like an actual currency and encourage its owners to use it as one. Additionally, its predictability makes developing DeFi applications with MET simpler. MET is intended to act as a store of value that is decentralized across blockchains. A defining quality of Metronome is "portability" or its interoperability with many blockchains preventing what Metronome refers to as chain permenance. Currently, chainhops or MET transfers between chains is live for Ethereum and Ethereum Classic; several more chains are also on the roadmap including QTUM, Rootstock, and EOS. Metronome is self-governed and its behavior is wholly governed by its smart contracts without any privilege, backdoors, or access for anyone - including its creators.


How to use Metronome?

Users can purchase newly issued MET through the daily auctions. The daily descending price auctions provide a daily mintage of 2,880 MET. There is also an on-chain DEX that provides MET/ETH liquidity (AMM).

Index Investing in a Decentralized World

Following its stated goal to establish standards that the community can stand behind, DeFi Pulse (through Pulse Inc) has developed different methodologies to tackle the market’s increased interest in tokenized indices, which are spreading wildly across DeFi and becoming more and more popular every day. Today, the second product of the FLI series, the Bitcoin …

2021-05-11Read more >

Founder Fireside Chat with Nour Haridy of Inverse Finance

The Founder Fireside Chat series hosted by DeFi Pulse interviews DeFi founders in the hopes of offering readers an opportunity to better understand their perspective and what drives them to build their vision. This week in this installment in our Founder Fireside Chat series, we talked with Nour Haridy, Founder of Inverse Finance, about not …

2021-05-07Read more >

Founder Fireside Chat with Mervyn Chng of Unagii

The Founder Fireside Chat series hosted by DeFi Pulse interviews DeFi founders in the hopes of offering readers an opportunity to better understand their perspective and what drives them to build their vision. This week in our Founder Fireside Chat series, we had the opportunity to chat with Mervyn Chng, Co-founder of Unagii, who’s team …

2021-04-02Read more >

Flexible Leverage Index is Live

The Flexible Leverage Index (FLI) lets you leverage a collateralized debt position in a safe and efficient way, by abstracting its management into a simple index, reproducible by a fully-collateralized ERC20 token built on Set Protocol. The Flexible Leverage Index (FLI, pronounced “fly”) lets you leverage a collateralized debt without having to manage a collateralized …

2021-03-17Read more >