Price change (24h):
0.35%
High (24h):
$0.230543
Low (24h):
$0.221663
Volume (24h):
$517.39K
Market Cap:
$20.73M
All Time High:
98.68% $17.03
Jun 21, 2018
All Time Low:
92% $0.12
Mar 13, 2020
Metal DAO
MTL66.81 %(1Y)
$0.22517
About Metal DAO
Metal DAO (MTL) is a cryptocurrency launched in 2016 as the native utility token of the Metal Pay cash-and-crypto application and the governance backbone of the Metal Dollar (XMD) stablecoin. It straddles the domains of payments, Layer 2 scaling, and decentralized stablecoin management.
The token anchors a dual-purpose ecosystem that solves two distinct frictions: high retail trading costs and centralized control over stablecoin composition. Holding a qualifying balance of MTL eliminates transaction fees for crypto purchases within Metal Pay, while the same tokens confer voting rights to dictate the basket of assets underlying XMD. In this way, the protocol merges a consumer payments app with a DAO-governed monetary instrument.
Metal DAO operates on the Metal L2 blockchain, a dedicated Layer 2 execution environment engineered for the Metal Pay ecosystem. The network processes transactions off-chain for final settlement, cutting latency and gas expenses compared to base-layer alternatives. This architecture allows the Metal Pay app to serve its users without the friction typical of layer-1 token transfers.
MTL is deployed as an ERC-20 compatible token on Metal L2, inheriting the developer tooling and composability of the Ethereum Virtual Machine. Its verified contract on the network explorer—0xbcfc435d8f…—provides transparency for supply auditing and integration by third-party services.
The project originated with Metallicus, a US-based fintech company that released Metal Pay in 2016. An early Binance listing propelled the token into a high-liquidity environment, cementing its presence as a medium of exchange and a tradable asset. Subsequent expansion saw the DAO structure formalized to govern the Metal Dollar stablecoin.
The overarching goal is to decentralize the governance of a dollar-pegged stablecoin, removing single-issuer risk and placing allocation power in the hands of token holders. Metal DAO aims to build a permissionless framework where community banks, fintechs, and other qualified issuers can plug into the stablecoin basket—subject to community ratification. This pushes the project beyond a mere payments app into the realm of programmable, community-regulated money.
Mechanically, MTL serves a dual role: a utility pass for fee elimination on Metal Pay and a governance weight in the Metal Dollar DAO. Users must hold 10,000 MTL to unlock zero-fee crypto purchases; this threshold creates a tangible economic anchor for the token. Within the DAO, each MTL represents a voting share used to admit new stablecoin issuers and set their respective collateral weights—directly influencing XMD’s risk profile.
A retail trader holding the 10,000-MTL threshold permanently strips purchase fees from their Metal Pay experience, making accumulated holdings a practical cost-saving tool. On the governance side, community members stake or delegate MTL to propose and vote on stablecoin candidates—turning the token into a lever for ecosystem curation. Potential stablecoin issuers, such as regulated fintechs, seek MTL-weighted support to gain entry into the XMD basket.
Metal DAO has a total supply of 90,635,915 tokens. Currently, 90,635,915 are in circulation. With a market capitalization of $27,101,814, Metal DAO ranks #726 among all cryptocurrencies.
Metal DAO Historical Price Data
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 07/07/2026 | $0.23 | $0.22 | $0.23 | $0.22 |
| 06/07/2026 | $0.23 | $0.23 | $0.23 | $0.22 |
| 05/07/2026 | $0.24 | $0.23 | $0.24 | $0.23 |
| 04/07/2026 | $0.23 | $0.24 | $0.24 | $0.23 |
| 03/07/2026 | $0.23 | $0.23 | $0.23 | $0.23 |
| 02/07/2026 | $0.22 | $0.23 | $0.23 | $0.22 |
| 01/07/2026 | $0.22 | $0.22 | $0.23 | $0.22 |
| 30/06/2026 | $0.22 | $0.22 | $0.22 | $0.22 |
Why is manual trading Metal DAO a bad idea?
Manual mtl trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
-
AI trades 24/7 automatically Catch every opportunity
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Zero-emotion algorithm Disciplined strategy
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Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
in cumulative assets under management since inception
2015
year of company foundation
FAQ
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Metal DAO (MTL) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live MTL price, market cap, and 24-hour trading volume at the top of this page.
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The current price of Metal DAO (MTL) is $0.22517. Over the last 24 hours, it has moved -0.35%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy Metal DAO on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.
The smartest way to manage your MTL investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading. -
Metal DAO's price is influenced by overall crypto market trends, trading volume, investor sentiment, regulatory news, and macroeconomic events. High volatility is common - MTL can move 5-15% in a single day. This makes timing the market extremely difficult for manual traders but creates opportunities for systematic, data-driven strategies.
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We can’t provide investment advice. Whether Metal DAO is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
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Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
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Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. MTL can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
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With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
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You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.
