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View ChartMeter Governance (MTRG) is the governance token of the Meter system, a high-performance blockchain infrastructure designed to scale and connect the financial Internet in a multi-chain future. Meter positions itself around three core offerings: crosschain interoperability through Meter Passport, scalability through an Ethereum-compatible Layer-1/2 chain built on HotStuff PoS consensus, and uncensorable money through its built-in metastable gas token MTR. The MTRG token itself governs the Meter platform's blockchain ledger and plays a central role in network security through staking. Supply figures vary across data sources: CoinMarketCap lists a total supply of 48.89M MTRG and a circulating supply of 32.27M MTRG, while other providers report circulating figures ranging from roughly 32M to 63M. The project launched in 2018 according to Yahoo Finance, with additional milestone dates appearing in 2020, and it continues to develop its interoperability and DeFi ecosystem.
Detailed public information about the founding team behind Meter Governance is currently limited in the available materials. The project's documentation and official website serve as the primary sources of technical and governance information, while community updates are referenced through blog and social channels linked from third-party data providers. The Meter Docs page covering MTRG was published on September 29, 2020, and Yahoo Finance lists a start date of July 27, 2020, alongside an initial launch year of 2018. No individual founders or organizational names are specified in the reference materials.
Meter employs an innovative economic and consensus design that separates currency creation from record keeping. Currency creation is handled through Proof of Work, where the native gas token MTR is mined by consuming 10 KWH of electricity using SHA256-PoW. Record keeping, meanwhile, is handled through a HotStuff Proof of Stake consensus mechanism described as similar to Facebook Libra. This separation is intended to ensure both the integrity and efficiency of network operations. MTRG holders participate in this system by staking tokens directly as PoS validators or by delegating to other validators to approve transactions. In return, they earn MTR rewards and various fees paid in MTR from on-chain auctions and on-chain or cross-chain transactions. The Meter chain is Ethereum-compatible, allowing smart contracts to scale and travel across heterogeneous blockchain networks.
Meter distinguishes itself through several design choices. First, its dual-consensus model separates currency creation from record keeping, a structure the project argues is crucial for network integrity and efficiency. Second, its native gas token MTR is designed as a metastable currency whose value is supported by the price of 10 kWh of electricity, which the project describes as more stable in purchasing power than any fiat currency. Third, Meter Passport serves as the official bridge for Ampleforth, Moonbeam, Theta and many more, giving the ecosystem meaningful crosschain reach. Finally, MTRG holders gain governance rights over monetary policy, MTR production parameters, new feature additions, and other issues, aligning token holder incentives with the long-term health and security of the network.
MTRG is the governance token of the Meter system, and its utility centers on staking, rewards, and voting. Holders can stake MTRG tokens directly as a PoS validator or delegate to other PoS validators to approve transactions and earn MTR. They can also earn various fees paid in MTR from the on-chain auction and from on-chain and cross-chain transactions. The Meter team has indicated that MTRG staking will be available in future DeFi apps created by the project. Beyond staking and rewards, MTRG holders participate in governance of the Meter system, voting on major changes to monetary policy, MTR production parameters, new feature additions, and other governance-related issues. This combination of staking incentives and voting rights makes MTRG central to both the security and the direction of the platform.
The Meter ecosystem is built around several interconnected components. Meter Passport at passport.meter.io functions as the official bridge for Ampleforth, Moonbeam, Theta and many more, supporting crosschain interoperability. MTR serves as the metastable gas currency mined through SHA256-PoW. On-chain auctions are referenced in the Meter Docs, and the Meter team has outlined plans for future DeFi apps that will support MTRG staking. MTRG may also be available for swapping through Onchain, Crypto.com's official decentralised product. Community activity is referenced through Twitter and blog links, and CoinMarketCap lists 7.29K holders. A notable planned event is the burning of 30 million MTRG tokens on June 17th, per CoinCarp. Overall, the ecosystem continues to develop its interoperability and DeFi capabilities.
MTRG itself is not mined in the traditional sense; it is the governance token of the Meter system, while the native gas currency MTR is mined by consumption of 10 KWH electricity using SHA256-PoW. The Proof of Work process behind MTR ties token creation to electricity consumption, which Meter describes as a more stable basis for purchasing power than fiat currency. For MTRG holders, participation in the network comes through staking rather than mining. Users can stake MTRG tokens directly as a PoS validator or delegate to other PoS validators to approve transactions and earn MTR. Rewards also come from various fees paid in MTR generated by the on-chain auction and by on-chain and cross-chain transactions, with additional staking opportunities planned for future DeFi apps created by the Meter team.
Keeping MTRG safe starts with understanding how you interact with the network. Because MTRG is used for staking and governance, holders should be deliberate about which validators they delegate to and should verify staking addresses through official Meter documentation and the official website. Always confirm that any bridge or DeFi application you use is the legitimate Meter Passport or an official Meter product before connecting a wallet. Store tokens in a wallet where you control the private keys, and treat seed phrases and private keys as strictly confidential. Since supply figures and market data for MTRG vary across providers, rely on official Meter documentation and the project's explorer at scan.meter.io for network-level information. Where available, buying MTRG through established platforms such as BTCC can simplify the process, but the same rule applies everywhere: verify before you transact, and never share credentials.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for MTRG are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Meter Governance (MTRG) is $0.001147. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated MTRG to USD rate at the top of BTCC’s price page. In terms of market scope, Meter Governance records a 24h trading volume of $787.19238 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $33.561157K. Its current circulating supply stands at 32.28M out of a maximum supply cap of ∞.
The price volatility of Meter Governance (MTRG) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (32.28M) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Meter Governance (MTRG) hit an all-time high (ATH) of $33.54696 on 2021-03-27 16:10, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.000306 on 2026-09-24 14:00. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading MTRG futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($787.19238), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s MTRGUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Meter Governance, simply log into your BTCC account with USDT margin available, navigate to the MTRGUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for MTRGUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.001147), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for MTRGUSDT with zero financial risk.
Trading Meter Governance (MTRG) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for MTRGUSDT, and review its live price ($0.001147) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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