What makes Metis different from Optimism and Arbitrum?

Metis is building a decentralized sequencer pool, unlike Arbitrum and Optimism which use centralized sequencers controlled by their respective companies. This makes Metis more censorship-resistant.

Can I swap METIS without KYC?

Yes. SyntheticSwap supports METIS swaps with no registration or identity verification.

What is a sequencer in an Optimistic Rollup?

A sequencer receives user transactions, orders them, and batches them to Ethereum. In most rollups, one company controls this. Metis distributes sequencing across multiple PoS validators.

Is Metis fully EVM-compatible?

Yes. Metis is EVM-equivalent, meaning all Ethereum tools (MetaMask, Hardhat, Ethers.js) work without modification, and Solidity contracts deploy identically.

How do gas fees compare on Metis vs Ethereum?

Metis transaction fees are typically 10-100x lower than Ethereum mainnet, making it practical for frequent DeFi interactions that would be expensive on L1.

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Metis

Ethereum Layer-2 Optimistic Rollup with Decentralized Sequencer

Launch Year

2021

Consensus

Optimistic Rollup

Max Supply

10,000,000 METIS

Block Time

~2 seconds

METIS

Metis

Price—

24h Change—

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Metis Price Chart

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About Metis

Metis (METIS) is an Ethereum Layer-2 network using an Optimistic Rollup architecture with a key differentiator: a decentralized sequencer network. Most Optimistic Rollups have a centralized sequencer (single company decides transaction order), but Metis is building a decentralized Proof-of-Stake sequencer pool where multiple operators take turns producing blocks. This eliminates single points of failure and censorship risk. Metis offers EVM compatibility, low fees, and fast finality. METIS is the native gas token for the Metis chain and is used for staking sequencer nodes and governance. Metis was founded by Elena Sinelnikova and Kevin Liu, partly inspired by Vitalik Buterin's ideas.

History

2021

Metis Andromeda mainnet launches as an Ethereum Layer-2 with EVM compatibility and DAC (Data Availability Committee).

2021

Metis introduces Metis Virtual Machine with EVM equivalence and decentralized storage integration.

2022

Metis DeFi ecosystem grows; Hermes (native DEX) and multiple protocols launch on Andromeda.

2023

Metis begins development of decentralized sequencer pool — a first for Optimistic Rollups.

2024

Decentralized sequencer goes live on Metis; METIS holders can stake to become sequencer nodes.

How to Swap METIS

Swapping Metis (METIS) on SyntheticSwap is quick and requires no account or KYC. Since METIS is an ERC-20 token on Ethereum, any Ethereum-compatible wallet works — MetaMask, Trust Wallet, Rainbow, or Ledger Live. Open SyntheticSwap, select METIS as your source or destination asset, enter your receiving wallet address, and review the floating exchange rate. Once you send METIS to the deposit address provided, the destination asset is delivered directly to your wallet. The process is fully non-custodial — SyntheticSwap never holds your tokens at any point.

How to Store METIS

METIS (ERC-20) is stored in MetaMask, Ledger, Trust Wallet, or any Ethereum wallet. Add the Metis Andromeda network to MetaMask to use METIS natively on L2. For sequencer staking, visit metis.io.