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MetronomeDAOMetronome 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...
MetronomeDAOMetronome 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...
MetronomeDAOMetronome 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 ...
<100 subscribers
MetronomeDAOMetronome 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...
MetronomeDAOMetronome 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...
MetronomeDAOMetronome 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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Users will now be able to deposit FRAX and vaFRAX as collateral on Metronome Synth to generate synthetic assets.
Metronome is excited to announce that FRAX and vaFRAX are now available as collateral on Metronome Synth beta. Users are able to deposit FRAX and vaFRAX as collateral to generate a variety of synthetic assets.
FRAX is a stablecoin supported by both collateral and algorithmic backing, making it one of the most successful and reliable options in the market. Now, as one of the first synthetic protocols to integrate FRAX, Metronome will offer FRAX holders additional utility and provide efficient capital opportunities for the existing vaFRAX pool.
Users who deposit FRAX into Vesper and post their productive vTokens as collateral on Synth will be able to generate synthetic assets while simultaneously gaining yield. This will continue to passively compound in the same manner as before.
In addition to FRAX collateral support, open market liquidity for msUSD will also be based on Curve as a FRAXBP metapool. This enables users to trade msUSD against the FRAX pool, which consists of FRAX-USDC.
Founder of FRAX, Sam Kazemian commented: “We’re very excited to see Metronome use FRAX collateral and FRAXBP for their liquidity needs. Their innovative design and unique synthetic offerings will help users earn best-in-class DeFi yields.”
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.
Users will now be able to deposit FRAX and vaFRAX as collateral on Metronome Synth to generate synthetic assets.
Metronome is excited to announce that FRAX and vaFRAX are now available as collateral on Metronome Synth beta. Users are able to deposit FRAX and vaFRAX as collateral to generate a variety of synthetic assets.
FRAX is a stablecoin supported by both collateral and algorithmic backing, making it one of the most successful and reliable options in the market. Now, as one of the first synthetic protocols to integrate FRAX, Metronome will offer FRAX holders additional utility and provide efficient capital opportunities for the existing vaFRAX pool.
Users who deposit FRAX into Vesper and post their productive vTokens as collateral on Synth will be able to generate synthetic assets while simultaneously gaining yield. This will continue to passively compound in the same manner as before.
In addition to FRAX collateral support, open market liquidity for msUSD will also be based on Curve as a FRAXBP metapool. This enables users to trade msUSD against the FRAX pool, which consists of FRAX-USDC.
Founder of FRAX, Sam Kazemian commented: “We’re very excited to see Metronome use FRAX collateral and FRAXBP for their liquidity needs. Their innovative design and unique synthetic offerings will help users earn best-in-class DeFi yields.”
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.
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