What is Metric and how is it different from Uniswap
In a classic AMM (Uniswap, PancakeSwap) the price is set by the ratio of two tokens in the pool. When the market moves, arbitrageurs realign the price at the expense of liquidity providers — that is where impermanent loss comes from.
Metric uses active pools: each pool gets its bid, ask and reference price from an external price provider — Chainlink or Pyth oracles, market-maker quotes, or custom logic. Liquidity follows the real market price instead of waiting for arbitrageurs to move it.
What this means
- Traders: no separate swap fee — the cost is built into the spread.
- Liquidity providers: deposit a single asset, no pair needed. Earnings (“Edge”, a share of the spread) compound automatically.
- RWA: oracle pricing makes it possible to trade tokenized stocks and commodities even when traditional exchanges are closed.
Who is behind it
Before launching its own DEX, Metric ran as an aggregator and routed billions of dollars in volume. The contracts have passed five audits — two by Zellic and three by Sherlock — and a bug bounty of up to $500,000 is in place.
Chains
Ethereum, BNB Chain, Robinhood Chain, Base, Arbitrum, HyperEVM, Polygon, Avalanche, Monad, MegaETH and Elysium.
Metric points program: how it works
The points program is officially live. Every week Metric distributes 1,000,000 points among users who trade, provide liquidity and build on the protocol. Points are counted from October 15, 2026, so early activity is already on the board.
Referral tiers
Every user gets a referral link on the Points page. You earn a bonus on the points your referrals generate, and on higher tiers your referrals get a boost too.
| Tier | Requirement | Your bonus | Referral boost |
|---|---|---|---|
| Aquamarine | Default | 6.7% | — |
| Diamond | 2,000 points | 10% | 7% |
| Aether | 10,000 points | 12% | 10% |
How to farm Metric points: step by step
Points come from real activity on the protocol. The more consistently you trade and provide liquidity, the bigger your share of the weekly 1M.
- Connect a walletOpen the Metric app via the button below and connect an EVM wallet (MetaMask, Rabby, etc.).
- Swap regularlyTrade on any supported chain — on Base, Arbitrum, Monad and HyperEVM gas costs cents. Activity spread across different days and weeks counts better than a one-off spike.
- Provide liquidityPick a pool, choose bins (price ranges) and deposit — one token or both, depending on the bins. Your bins follow the reference price automatically, and earnings compound with nothing to claim.
- Get your referral linkCreate it on the Points page (app.metric.xyz/points) and share it. 2,000 points unlock the Diamond tier, 10,000 unlock Aether.
- Track your rankThe Points page shows your points, rank and referrals. Follow the official X (@metricxyz) and Discord for season updates.
Safety tips
| Tip | Why |
|---|---|
| Use the official app | Hype attracts fake sites. The real app is app.metric.xyz — bookmark it. |
| Separate wallet | Farm from a dedicated wallet, not the one holding your main funds. |
| Start small with LP | Liquidity carries market risk: returns depend on where prices go. Check the pool's fee split before depositing. |
| Audited contracts | Five audits by Zellic and Sherlock, plus a bug bounty of up to $500,000. |
FAQ
Will there be a Metric airdrop?
Metric has launched an official points program that distributes 1,000,000 points every week. A live points program is the standard path to a token airdrop, so now is the time to collect points.
How do I earn Metric points?
Trade, provide liquidity or build on Metric. Points are distributed weekly and have been counted since October 15, 2026.
How do Metric referrals work?
Create a link on the Points page. The default Aquamarine tier gives you a 6.7% bonus; Diamond (2,000 points) gives 10% plus a 7% boost for your referrals; Aether (10,000 points) gives 12% plus a 10% boost. A referral can't be changed once applied.
What are the fees on Metric?
Traders pay no separate fee: the cost is built into the quoted price. Liquidity providers earn a share of the spread, which compounds into their position.
Which chains does Metric support?
11 chains, including Ethereum, BNB Chain, Robinhood Chain, Base, Arbitrum, HyperEVM, Polygon, Avalanche, Monad and MegaETH.
Are Metric and Metric.exchange the same?
No. Metric.exchange with the METRIC token is an older aggregator from BUILD Finance DAO. Metric (metric.xyz) is a separate new project, and the points program described here belongs to it.
Early means cheaper
1,000,000 points go out every week. Every week you skip is a share you don't collect.
Go to Metric →