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.