Metal Blockchain

Metal Blockchain is a Layer 1 network that describes itself as a Layer 0 infrastructure, meaning it is designed to let other blockchains deploy and reach agreement through a shared foundation rather than operating in isolation. It targets developers and financial applications by combining the Snow consensus protocols popularized by Avalanche with a fourth sub-chain, called the A Chain, built on the EOSIO protocol and using WebAssembly to support payments and decentralized finance. The project positions itself as an alternative to energy-intensive Proof-of-Work systems by running entirely on Proof-of-Stake.

Metal Blockchain uses a Proof-of-Stake consensus model derived from the Snow family of protocols, which rely on repeated random sampling among validators to reach fast, probabilistic finality without mining. The network extends Avalanche's three-chain architecture by adding a fourth chain, the A Chain, intended to handle payment and DeFi workloads more efficiently using WASM-based smart contracts drawn from the EOSIO lineage. The METAL token functions as the native asset within this system, used for staking, network fees, and governance, though the block time recorded in the data is 0.0 minutes, suggesting sub-second or near-instant block production.

No fee revenue figures are stored for Metal Blockchain, so the data on this page does not include a measurable fee stream, which means fee-based valuation measures cannot be calculated from what is available here. What the data does show is that 76.15 percent of the maximum supply of 666,666,666 METAL tokens is already in circulation at this point in time, with roughly 31.33 percent of the maximum supply still to be released, representing potential future dilution. The ratio of fully diluted value to current market capitalization stands at 1.313267, reflecting that remaining overhang. Until fee data is captured, the economic picture is limited to supply and circulation dynamics.