
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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Learn how to use the Synth beta and gain knowledge on how to create and swap assets via the Synth market.
Generating Synths
Synth Market
Repaying
Withdrawing
1. Firstly, head to app.metronome.io and connect your web3 wallet in the top right. You can choose from the currently available options. We will be using Metamask for this guide.

2. After you have connected your wallet, it’s time to deposit some collateral. You can see on the dashboard the different assets that are accepted. You can either click “Deposit” or hover over the collateral of your choice to begin.

3. Once you have clicked “Deposit” you can choose your collateral and the amount you would like to deposit.

4. After the amounts have been set, you will be asked to confirm the transaction. Please keep some ETH in your wallet for any current and future fees.

5. Once confirmed, you will see your collateral displayed on the dashboard, now you can decide which synths you would like to generate.

6. Much like depositing, you can either click “Generate” or hover over your chosen asset to begin. Next, click the drop-down and choose the asset and amount you wish to generate. You will see your health factor at this stage so make sure you are comfortable with the amount before you confirm.

7. Just like before, when generating you will need to confirm another transaction so make sure you have enough ETH in your wallet.

8. Once you are happy, you can visit the dashboard to view all your details, such as collateral, health factor, and synthetics. Clicking on the health factor will bring up a more in-depth view of your collateral against your synthetic assets.

For those who wish to take advantage of the zero-slippage marketplace, head over to “Synth Market” at the top and click “Swap” on your asset of choice.

2. In the swapping menu, choose the synths you wish to swap and input the amounts you are comfortable with, then hit “Swap”.

3. Once again this will trigger a transaction, therefore it will need to be confirmed, requiring gas.

4. Back in the dashboard you will be able to see your new balance in the “Wallet” section of “Synth Assets”.

In order to withdraw synthetic assets, users will first need to repay. Repaying will require the same asset originally generated. Clicking “Repay” will start the process.

2. Once in the menu, you can choose the amount and then confirm the transaction, again requiring some more gas fees.

If you would like to withdraw, simply hover over your chosen asset and click “Withdraw”.

2. This will bring up a familiar window and you can choose the amount you would like to withdraw. Once selected you will need to pay gas to do so.

3. After the transaction has been completed, you will see your balance decrease on the dashboard and funds returned to your connected wallet.

Any feedback and suggestions during this testing period are encouraged and greatly appreciated as the team continues to work toward improving the protocol. Join our Discord to get involved. We thank everyone in the community for your support.
Follow us on Twitter as we release more about Synth’s features and how to navigate the application.

Learn how to use the Synth beta and gain knowledge on how to create and swap assets via the Synth market.
Generating Synths
Synth Market
Repaying
Withdrawing
1. Firstly, head to app.metronome.io and connect your web3 wallet in the top right. You can choose from the currently available options. We will be using Metamask for this guide.

2. After you have connected your wallet, it’s time to deposit some collateral. You can see on the dashboard the different assets that are accepted. You can either click “Deposit” or hover over the collateral of your choice to begin.

3. Once you have clicked “Deposit” you can choose your collateral and the amount you would like to deposit.

4. After the amounts have been set, you will be asked to confirm the transaction. Please keep some ETH in your wallet for any current and future fees.

5. Once confirmed, you will see your collateral displayed on the dashboard, now you can decide which synths you would like to generate.

6. Much like depositing, you can either click “Generate” or hover over your chosen asset to begin. Next, click the drop-down and choose the asset and amount you wish to generate. You will see your health factor at this stage so make sure you are comfortable with the amount before you confirm.

7. Just like before, when generating you will need to confirm another transaction so make sure you have enough ETH in your wallet.

8. Once you are happy, you can visit the dashboard to view all your details, such as collateral, health factor, and synthetics. Clicking on the health factor will bring up a more in-depth view of your collateral against your synthetic assets.

For those who wish to take advantage of the zero-slippage marketplace, head over to “Synth Market” at the top and click “Swap” on your asset of choice.

2. In the swapping menu, choose the synths you wish to swap and input the amounts you are comfortable with, then hit “Swap”.

3. Once again this will trigger a transaction, therefore it will need to be confirmed, requiring gas.

4. Back in the dashboard you will be able to see your new balance in the “Wallet” section of “Synth Assets”.

In order to withdraw synthetic assets, users will first need to repay. Repaying will require the same asset originally generated. Clicking “Repay” will start the process.

2. Once in the menu, you can choose the amount and then confirm the transaction, again requiring some more gas fees.

If you would like to withdraw, simply hover over your chosen asset and click “Withdraw”.

2. This will bring up a familiar window and you can choose the amount you would like to withdraw. Once selected you will need to pay gas to do so.

3. After the transaction has been completed, you will see your balance decrease on the dashboard and funds returned to your connected wallet.

Any feedback and suggestions during this testing period are encouraged and greatly appreciated as the team continues to work toward improving the protocol. Join our Discord to get involved. We thank everyone in the community for your support.
Follow us on Twitter as we release more about Synth’s features and how to navigate the application.

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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