MTL — price, funding and open interest
MTL/USDT perpetual on Binance · BingX · HTX · Bybit · Upbit · MEXC · Bitget · KuCoin · Gate: price 0.2528, 24h turnover $2.2M. Updated in real time.
What this is
Payments and transfersThe token of Metal Pay, a US-focused app for transfers and buying crypto. It was used for payment rewards.
Chart
Chart built from data of Bybit
MTL unlocks
No unlock schedule: the whole supply is already in circulation (100 % per CoinGecko).
Net issuance will appear once our supply ledger covers 30 days.
Supply figures are from CoinGecko, updated once a day. We do not take unlock schedules from trackers.
What the data shows
MTL trades at 0.2528. Over 365 days it ranged between 0.1773 and 0.5443; the price now sits in the lower third of that range — 21% of the way from the yearly low to the high.
All-time high is 3.7859 (March 2024); the price is 93% below it now.
24-hour turnover is $2.2M — percentile 97 for the year: noticeably busier than usual.
The daily range is 8.4% and five-minute NATR is 0.14%. That range is at percentile 88 for the year — an unusually wide day.
Open positions in MTL are worth $2.2M. Over the past hour open interest rose by 0.55%. That is at percentile 10 over three weeks: noticeably fewer positions than usual.
Over the day -4.42%, over the hour +0.56%, over the last five minutes -0.39% — the move has only just started.
Binance pays +0.0050% and Bybit +0.0100% — a gap of 0.0050 percentage points, higher on Bybit.
Funding is +0.0050%: longs pay shorts, so positioning leans to buyers. For this coin that is an ordinary rate — percentile 43 for the month.
NATR is 0.03% on the minute and 0.97% on the hour — the move is choppy: within an hour price travels far and comes back.
Traded on 9 venues: Binance, BingX, HTX, Bybit, Upbit, MEXC, Bitget, KuCoin, Gate — the price is cross-checked across several sources.
MTL correlation with Bitcoin over 24 hours is 0.88 — the coin closely follows the market.
By turnover it ranks 818 of 2159 instruments in the screener.
By daily range it ranks 1380 of 2159.
Built from current numbers and the coin's own year of history. Updates with the data.
How MTL behaved before
Tracked since April 2022 — 55 full months, and falling ones prevail: 37 of 55. Median month -4.9%.
In November the instrument rose 1 times out of 4, median -1.9%.
Best month — November 2024: +71.4%. Worst — June 2024: -35.1%.
Computed from our own minute history, month by month. The past promises nothing — but it shows what is ordinary for this instrument and what is not.
Our observations
KairoRight now MTL is within its usual range: volume, funding and open interest are all unremarkable.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — payments and transfers. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
Futures metrics
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.
How much money sits in open positions on each venue. The total spans every exchange listing the contract.