Metronome00

what's Metronome?

Metronome is a decentralized finance (DeFi) protocol specializing in synthetic assets. It enables users to generate a variety of synthetics by using crypto assets as collateral, allowing for exposure to different markets and assets without direct ownership. The protocol operates on blockchain networks, leveraging smart contracts to mint and manage these synthetic positions securely. At its core, Metronome uses over-collateralization to ensure stability, where users lock up collateral exceeding the value of the synthetics they create. This mechanism mitigates risks like liquidation during market volatility. The platform supports integration with various DeFi ecosystems, facilitating liquidity provision, yield farming, and cross-chain operations to enhance user flexibility. Metronome aims to revolutionize DeFi by providing tools for diversified portfolios and hedging strategies through synthetics, making advanced financial instruments accessible in a decentralized manner.

Snapshot

Metronome's msETH/WETH pool received $13.1K extra rewards from Votemarket; MET lockers earned 150% APR.

3D ago
MARKET ACTIVITY

Receives approximately $13.1K in extra rewards for the msETH/WETH liquidity pool on Stake DAO, redirected from unused vote incentives on Votemarket.

6D ago
TOKEN ECONOMICS

Completed one full year of streaming revenue share to MET lockers as of March 31, 2026, with lockers earning approximately 150% APR during this period.

1W ago
FINANCIAL EVENT

Provides 22,547 USDC (~$22.5k) in extra rewards for Stake DAO's OnlyBoost program across Curve pools for the week starting March 27, 2026.

3W ago
PARTNERSHIP

Provides rewards on Merkl for Stake DAO frxUSD vault on Morpho starting 2026-03-18, enabling borrowing against msUSD/frxUSD PegKeeper LP as collateral, targeting 15% APR for $5M TVL, following Frax Finance incentives. Week 2 rewards increased 30% from Week 1.

1M ago
ONCHAIN METRICS

Generated $363,711 in fees during a recent weekly period.

ONCHAIN METRICS

Captures a significant share of ETH/USD swap volume on Base and Plasma chains through its liquidity pairs.

PARTNERSHIP

Launched msUSD/OUSD liquidity pool on Curve Finance in partnership with Origin Protocol, now supported by Pool Booster incentives for liquidity providers.

FINANCIAL EVENT

Provides $17.5K USDC weekly rewards to msETH/WETH OnlyBoost depositors on Stake DAO from Metronome DAO.

PARTNERSHIP

Integrated with BasedGhouls to provide access to Metronome for Ghoul holders upon the launch of Inaccessible Worlds: Unlockable Modes.

ONCHAIN METRICS

Generated $80,000 in fees on February 11, 2026.

VISIBILITY EVENT

msETH is featured as one of six ETH yield strategies available on Stake DAO's platform alongside cbETH, ETH+, frxETH, OETH, and alETH.

2M ago
ONCHAIN METRICS

Generated $500,000 in fees on February 6, 2026, and reached $350,000 in fees by midday on February 7, 2026.

ONCHAIN METRICS

Earned over $1 million in fees during the week ending February 5, 2026.

TOKEN ECONOMICS

Charges a 0.45% fee for arbitrage transactions using msUSD and msETH assets.

ONCHAIN METRICS

Daily fees reached $696,154.

4M ago

msUSD stablecoin is now paired with frxUSD on Curve Finance with incentives available for the pool.

MetronomeDAO deposits $120K in veCRV gauges on Votemarket, topping all projects in the current round out of $650K total deposits across top gauges.

5M ago

Over $70K in $FXN gauge incentives deployed with MetronomeDAO as one of seven contributing protocols on Votium, StakeDAO and Trevee.

MET token listed on Mass mobile app with 3x leverage trading capability through HyperliquidX integration.

Partners with Lithos DEX on Plasma as genesis phase participant, deploying msUSD/USDT0 liquidity pool.

7M ago

Deploys $120K in Votemarket for Curve Finance incentives, ranking as second-largest protocol deployer among 21 participants in current round.

9M ago

MET holders can now earn oBUNNI yields through new Bunni protocol integration with both swap and lending fee opportunities.

Security exploit results in millions in ETH losses, with Coinbase validators profiting from stolen funds from multiple protocols.

Euler integration coming soon with rehypothecated Bunni pools for enhanced yield strategies.

$6M+ in LP tokens now staked through Stake DAO Onlyboost strategies, maximizing CRV reward yield through targeted voting campaigns.

10M ago

Launched leveraged yield strategy on Odyssey offering 43% APY through ynETHx and msETH markets, with incentives from YieldNest TGE and Odyssey points. Integrated via Metronome Synth strategy, using a looped method to mint synthetic assets, swap for collateral, and re-deposit.

Lending protocol implements isolated borrowing and underlying asset pricing to protect users from depeg-related liquidations.

11M ago

$80K in incentives deployed to msUSD and msETH Curve pools, creating new yield farming opportunities.

Added $80K voting incentives for frxUSD/msUSD and msETH/WETH pools on Curve Finance through StakeDAO's OnlyBoost program.

Active liquidity inflows occurring in Curve gauges with Onlyboost optimization between Stake DAO and Convex platforms.

1Y ago

Yield strategy delivers 40% APY through msUSD borrowing, with potential additional returns from msUSD depeg events.