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Metis launches grant program to support cross-chain DeFi, RWA tokenization and social projects

Metis has announced the launch of the "Thrive Metis STAR Tathon" funding program, which will provide over $200,000 in funding to support promising projects in the cross-chain DeFi, RWA tokenization, and social platform fields. Applications will be accepted until October 21.

Suspected METIS market maker recharged 56,144 METIS to Coinbase

According to on-chain analyst @ai_9684xtpa, 50 minutes ago, the suspected METIS market maker address recharged 56,144 METIS to Coinbase again after a four-month hiatus, worth $3.44 million.

Metis: The second phase of the decentralized sorter is about to start, which will support sorter mining

L2 network Metis announced on X platform that the second phase of their Decentralized Sequencer is about to launch, which will support sequencer mining. Users will be able to lock METIS through Artemis and ENKI Protocol to receive network income, and support further liquidity staking of METIS within Metis.

Metis will activate the second phase of the decentralized sequencer upgrade

Metis announced that it will activate a hard fork at approximately the 16,500,000th block in about 7 days to complete the second phase of its decentralized sorter upgrade. In the first phase, Metis added multiple nodes to the sorter pool and introduced sorter rotation, greatly improving the network's anti-censorship capabilities and activity. The second phase of this upgrade will introduce features such as multiple transactions within a single block, transaction pools, and sorter rewards, making Metis the first Ethereum layer 2 scaling solution to achieve decentralized sorting.

Metis plans a major upgrade on March 14 to decentralize its sorter

According to official sources, Metis plans to decentralize its sorter through an important upgrade on March 14th Beijing time. The upgrade process will require the network to be temporarily suspended from 10:00 am tomorrow, and the network will resume operation immediately after the upgrade is completed.

METIS fell back after hitting 147 USDT after the opening of Binance, and is now trading at 137.35 USDT

According to market data, METIS fell back to 137.35 USDT after hitting 147 USDT after opening on Binance, with a 24-hour increase of 57.31%.

About $14 million of METIS was outflowed today, and DEX trading volume surged 343%

According to 0xScope data reported by Jinse Finance, a large amount of funds flowed out of METIS today, with about 137,000 METIS tokens (worth about $14 million) leaving the market. In addition, decentralized exchange trading volume surged by 343.41% today, and a whale increased their Bitcoin holdings by 3.68%.

The smart money who opened a position in METIS three weeks ago currently holds 16,000 tokens, with a floating profit of US$856,000.

According to on-chain analyst @ai_9684xtpa, smart money that bought METIS at an average price of $86.78 three weeks ago has made a paper profit of $856,000. The address currently holds 16,000 tokens and has not transferred or sold them yet.

METIS breaks above $145

According to OKX market data on March 11th, influenced by "Binance will launch Metis", METIS broke through $145 with a 24-hour increase of 31.54%.

Binance will list Metis (METIS)

On March 11th, Binance will list Metis (METIS) with a seed tag.