
Metronome Performance Report October 2025
IntroductionOctober saw a mild retreat across the crypto markets, with ETH price declining and DeFi activity significantly slowing down. Despite that backdrop, Metronome continued to demonstrate solid fundamentals. Although protocol revenue continued to rise, MET followed the general market trend and went down in price slightly. USD-denominated TVL also decreased with the market, but TVL in ETH terms climbed, indicating that underlying protocol usage remained strong. This report walks through...
Metronome Performance Analysis - August 2025
IntroductionThis is the inaugural monthly report in a series that will cover all Bloq DeFi protocols. Beginning with August, we’ll publish protocol reports in the first days of each month for Vesper, Metronome, and Odyssey. This edition reviews Metronome’s August performance using on-chain metrics to assess usage, and token performance, and peg quality of msAssets. The main driver of August activity was Odyssey adoption. Odyssey’s Loopr module offers multiple strategies built on Metronome syn...

Metronome Performance Report September 2025
IntroductionSeptember brought a softer market, yet Metronome still reached new highs in TVL, protocol revenue, and token-holder income, helped in part by Odyssey’s continued usage. To meet demand, mint caps for msUSD and msETH were raised ahead of October, so growth can continue if activity accelerates. This report walks through the changes in MET price and esMET, TVL by chain, protocol revenue and token-holder income, msAsset liquidity and peg quality over the month, liquidity incentives on ...
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Metronome Performance Report October 2025
IntroductionOctober saw a mild retreat across the crypto markets, with ETH price declining and DeFi activity significantly slowing down. Despite that backdrop, Metronome continued to demonstrate solid fundamentals. Although protocol revenue continued to rise, MET followed the general market trend and went down in price slightly. USD-denominated TVL also decreased with the market, but TVL in ETH terms climbed, indicating that underlying protocol usage remained strong. This report walks through...
Metronome Performance Analysis - August 2025
IntroductionThis is the inaugural monthly report in a series that will cover all Bloq DeFi protocols. Beginning with August, we’ll publish protocol reports in the first days of each month for Vesper, Metronome, and Odyssey. This edition reviews Metronome’s August performance using on-chain metrics to assess usage, and token performance, and peg quality of msAssets. The main driver of August activity was Odyssey adoption. Odyssey’s Loopr module offers multiple strategies built on Metronome syn...

Metronome Performance Report September 2025
IntroductionSeptember brought a softer market, yet Metronome still reached new highs in TVL, protocol revenue, and token-holder income, helped in part by Odyssey’s continued usage. To meet demand, mint caps for msUSD and msETH were raised ahead of October, so growth can continue if activity accelerates. This report walks through the changes in MET price and esMET, TVL by chain, protocol revenue and token-holder income, msAsset liquidity and peg quality over the month, liquidity incentives on ...
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With Odyssey’s launch, questions naturally arose in the Metronome community, such as whether this is just another protocol or if it strengthens Metronome. In reality, Odyssey has already proven to be a major driver of Metronome’s recent growth. Therefore, the purpose of this article is simple: to show how Odyssey has positively impacted Metronome so far and how it will continue to do so in the future.
Metronome has been on a tear lately. TVL has climbed to over $60M, participation in esMET is at its highest levels, and revenue share continues to scale month after month. A big driver behind this momentum has been Odyssey.
Odyssey isn’t just another frontend. It’s a DeFi superapp that routes capital into strategies, with some of the most efficient borrow assets being synths powered by Metronome. For us, that has meant more liquidity flowing into synths, stronger usage across Metronome strategies, and a constant stream of new participants discovering MET for the first time.
That influx of users shows up directly in the numbers. In just the past month:
$50K was allocated to buy-and-stream 101,576 MET back to esMET holders.
1.25M MET is now locked with an average commitment of 1.81 years.
At current rates, new esMET lockers are seeing projected APR between 21% and 106%.
This is what makes Odyssey so important for Metronome. More deposits don’t just pad TVL stats and synth usage, they expand the cycle of revenue, buybacks, streaming MET, and deeper esMET participation. The cycle only gets stronger as Odyssey grows, too.
For those already using Odyssey’s Loopr strategies, the fee model is designed to reward deeper participation. While a standard position carries a 10% performance fee on net APY, Metronome users see that reduced to 6%. Combine Vesper and Metronome strategies together, and the fee drops further to just 2%, aligning incentives for cross-protocol adoption.
*Additionally, Odyssey has introduced a points program (Fatstronauts) that esMET holders automatically receive just for holding. All that’s required is connecting your wallet to Odyssey. Participating in Loopr strategies involving Metronome further increases calories the longer you stay in a position. *
All of this adds up to a simple reality… Odyssey only boosts Metronome. It drives liquidity and TVL, strengthens the MET economy, broadens the userbase, and creates compounding benefits for long-term participants.
The future of Metronome looks better than ever before. And Odyssey is helping power that future.
With Odyssey’s launch, questions naturally arose in the Metronome community, such as whether this is just another protocol or if it strengthens Metronome. In reality, Odyssey has already proven to be a major driver of Metronome’s recent growth. Therefore, the purpose of this article is simple: to show how Odyssey has positively impacted Metronome so far and how it will continue to do so in the future.
Metronome has been on a tear lately. TVL has climbed to over $60M, participation in esMET is at its highest levels, and revenue share continues to scale month after month. A big driver behind this momentum has been Odyssey.
Odyssey isn’t just another frontend. It’s a DeFi superapp that routes capital into strategies, with some of the most efficient borrow assets being synths powered by Metronome. For us, that has meant more liquidity flowing into synths, stronger usage across Metronome strategies, and a constant stream of new participants discovering MET for the first time.
That influx of users shows up directly in the numbers. In just the past month:
$50K was allocated to buy-and-stream 101,576 MET back to esMET holders.
1.25M MET is now locked with an average commitment of 1.81 years.
At current rates, new esMET lockers are seeing projected APR between 21% and 106%.
This is what makes Odyssey so important for Metronome. More deposits don’t just pad TVL stats and synth usage, they expand the cycle of revenue, buybacks, streaming MET, and deeper esMET participation. The cycle only gets stronger as Odyssey grows, too.
For those already using Odyssey’s Loopr strategies, the fee model is designed to reward deeper participation. While a standard position carries a 10% performance fee on net APY, Metronome users see that reduced to 6%. Combine Vesper and Metronome strategies together, and the fee drops further to just 2%, aligning incentives for cross-protocol adoption.
*Additionally, Odyssey has introduced a points program (Fatstronauts) that esMET holders automatically receive just for holding. All that’s required is connecting your wallet to Odyssey. Participating in Loopr strategies involving Metronome further increases calories the longer you stay in a position. *
All of this adds up to a simple reality… Odyssey only boosts Metronome. It drives liquidity and TVL, strengthens the MET economy, broadens the userbase, and creates compounding benefits for long-term participants.
The future of Metronome looks better than ever before. And Odyssey is helping power that future.
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