M

Metal Pay

MTL

Licensed, compliant crypto trading and payment app

18%F
Transparency RatingProject Claim

Performances

RD Popularity Index

3858.33% (24h)
0100200300400500
Project Rank: 1540/15393

RD Growth Index

931.91% (24h)
0400800120016002000
Project Rank: 5033/15393
Comparison:
1h24h7d30d60d90d
0.66%0.71%11.27%10.07%26.64%36.47%

Event Calendar

Jul 31, 2017
Metal Pay launches MTL token

Open Markets

#ExchangePairPrice+2% depth-2% depthVolume (24h)volume %
1
HHTXCEX
MTL/USDT$0.3189$0$0$523,502157.31%
2MTL/KRW$0.3479$23,147$56,599$258,97177.82%
3MTL/USDT$0.3468$20,703$26,336$44,78813.46%
4MTL/USDT$0.3468$2,558$1,569$15,3804.62%
5MTL/KRW$0.3501$6,806$13,170$14,5634.38%
6MTL/USDT$0.3468$29,925$36,276$5,9631.79%
7MTL/USDT$0.3466$172$3,530$2,1930.66%
8MTL/USDC$0.3361$493$492$1,0880.33%
9MTL/WETH$0.3433$26$26$550.02%

About Metal Pay

Metal Pay was founded in 2016 by Marshall Hayner and Glenn Marien as a crypto payment app combining reward incentives with a user-friendly interface. In June 2017, it completed a $3 million ICO issuing the MTL token, establishing the foundation for the PoPP (Proof of Processed Payment) incentive system that rewards 5% in MTL per transaction. The iOS app launched in September 2018, and the same year saw the acquisition of micro-investing app Crumbs to enable spare-change auto-purchases of crypto.

The project gradually built a multifaceted ecosystem including the Metal Vault web wallet, Metal X trading platform, and the Proton Chain open messaging chain. In July 2024, Metal Pay officially entered the Australian market, marking a new phase of compliant expansion. With team members from Visa, American Express, and Apple, the project has long aimed to bridge traditional banking and digital assets.

Updated: Sep 13, 2026

Positive:

In May 2026, Metal Pay introduced passkey login, enhancing security and convenience.

In July 2026, MIP-002 took effect, making MTL the native gas token of the Metal subnet, requiring MTL for on-chain transactions and DApps, creating structural demand.

Negative:

In June 2026, Indonesian exchange Indodax delisted MTL, reducing liquidity.

On July 8, 2026, Binance suspended MTL deposits for network upgrade, causing short-term market concerns.

Updated: Sep 14, 2026

Co-founder & CEO: Marshall Hayner. He developed the first Facebook Bitcoin wallet, worked on Stellar, and is a board member of the Dogecoin Foundation.

Co-founder & CTO: Glenn Mariën. He has 10+ years of full-stack experience and created Dogechain.info, the first online Dogecoin wallet.

No other current core executives were confirmed.

Updated: Sep 13, 2026