Meter Blockchain: What It Is, How It Works, and What You Need to Know

When you hear Meter Blockchain, a permissionless, proof-of-stake blockchain designed to scale DeFi with near-zero fees and high throughput. Also known as Meter Network, it’s not just another Ethereum sidechain—it’s a standalone system that uses two native tokens to separate transaction processing from economic security. Most blockchains try to do everything at once: process transactions, store data, and secure value. Meter splits that work. One token, MTR, handles gas and daily swaps. The other, MTRG, secures the network through staking and governance. This separation lets Meter process over 1,000 transactions per second without slowing down—even when DeFi traffic spikes.

That design makes Meter a quiet but powerful player in DeFi scaling. Unlike chains that rely on complex bridges or layer-2 rollups, Meter runs its own consensus and validator set. It’s built for real usage, not just speculation. Projects like OpenSwap, a decentralized exchange built on the Meter blockchain that once offered low-cost trading with deflationary mechanics, used it to avoid the high fees and congestion of Ethereum. Even though OpenSwap is now inactive, other tools and wallets still support Meter’s ecosystem. It’s also compatible with Ethereum’s tooling, so developers can deploy smart contracts with minimal changes. That’s why you’ll find Meter mentioned alongside chains like Polygon and Arbitrum—not as a copy, but as a different approach to the same problem: making crypto fast and cheap.

The Meter network doesn’t rely on centralized exchanges to drive adoption. Instead, it’s powered by users who stake MTRG and run validators. That means the network stays decentralized even as it scales. And because it doesn’t require users to hold ETH or pay gas in Ethereum’s currency, it’s easier for newcomers to jump in. If you’ve ever struggled with high gas fees on Uniswap or waited hours for a transaction to confirm, Meter offers a real alternative. It’s not flashy. It doesn’t have meme coins or celebrity endorsements. But it works—quietly, reliably, and without the overhead.

Below, you’ll find reviews and breakdowns of platforms built on or connected to Meter. Some are active. Some are dead. Some were scams pretending to be part of the ecosystem. We’ve pulled them all together so you can see what’s real, what’s faded, and what still holds value. Whether you’re looking to stake MTRG, trade on a Meter-based DEX, or just understand why this chain exists, the posts here give you the facts—no hype, no fluff, just what happened and why it matters.