↑August 2024 Monthly Community Update
artMETIS is recommended for onboarding to Aave V3 on Metis, meeting liquidity thresholds and risk criteria for use as collateral in the ecosystem.
All Time HighApr 8, 2024$96.09
All Time LowJun 4, 2026$3.6
Market Cap$0
Fully Diluted Valuation$304,085
Circ. Supply0 ARTMETIS
Risk-management actions published about ARTMETIS by tracked risk managers and governance contributors, newest first.
artMETIS is recommended for onboarding to Aave V3 on Metis, meeting liquidity thresholds and risk criteria for use as collateral in the ecosystem.
Withdrawals have been enabled, restoring the artMETIS/METIS peg to near its theoretical value of 1.0327 after previously trading below due to liquidity constraints. The single EOA controlling L2 contracts has been replaced by a 3/5 multisig, addressing key access-control vulnerabilities identified in the initial June review.
LlamaRisk advised onboarding artMETIS to Aave V3 on Metis, based on its evaluation as a viable real-world asset with appropriate risk parameters for collateral use.
artMETIS contracts, including the ERC20 token, are upgradeable by a single EOA without timelock, creating a critical risk of supply manipulation if compromised. The lack of an unstake feature has caused a deteriorating 3.9% peg against METIS, exacerbated by high incentives driving selling pressure.
artMETIS is the leading liquid staking token for METIS on the Metis network, with $3.43M TVL in its primary liquidity pool allowing swaps with under 0.5% slippage and existing use as collateral on Shoebill market. The Metis Foundation's commitments of 10k METIS and 10k artMETIS for DEX liquidity, plus grants for Aave incentives, provide strong proof of liquidity to support onboarding as collateral and borrowable without isolation mode.
artMETIS is the leading liquid staking token for METIS on the Artemis protocol, with strong liquidity in the artMETIS/METIS pair on Hercules DEX ($3.43M TVL, <0.5% slippage for 100 artMETIS swaps) and already serving as top collateral on Shoebill market ($3M+ TVL). Onboarding enables leveraged lending of staked METIS positions while accruing rewards, supported by Metis Foundation grants and liquidity commitments.
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Tracking 1 pool, average APY 0.00%

Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabARTMETIS-WMETIS | $11,569 | 0% | 0% | 1.29% |