MET received an AA rating from DeFillama's new grading system
on August 26 while price declined roughly
↘4%
over the past 24 hours.
Price and market value diverge from activity
Price climbed roughly
↗13%
over the past month while the token's total market value increased roughly
↗15%
over the same period, though trading volume declined roughly
↘83%
over the past week as activity slowed.
Selling pressure emerges
More people sold than bought over the past 24 hours, with sellers outnumbering buyers by approximately 1.5 to 1 in recent activity.
Security considerations for governance tokens
The recent $8.5M governance exploit at Term Labs
highlights security considerations for governance tokens in the DeFi space, providing important context for token holders.
Trading positions contract
Trading positions declined roughly
↘1%
over the past 4 hours while forced closures of long positions totaled approximately $27M over the past 24 hours, indicating some position unwinding.