# Metal L2

> The Banking Layer.

Metal L2 provides compliant Ethereum scaling for traditional finance integration through the Optimism Superchain.

Metal L2 helps financial institutions and DeFi users scale Ethereum transactions by providing compliant Layer 2 infrastructure. With it, users can access fiat on-ramps, decentralized identity solutions, and banking integrations. Metal L2 bridges traditional finance with decentralized finance through BSA-compliant blockchain solutions, interoperating with the Metal Blockchain Layer 0 foundation.

- Type: Network
- Sector: Blockchain Platforms
- Status: Active
- Founded: 2024-03-29
- Profile: https://thegrid.id/profiles/metal_l2

## Products

- [Metal L2](https://thegrid.id/profiles/metal_l2): Metal L2 implements Ethereum scaling through Optimism rollup technology, enabling BSA-compliant DeFi operations with traditional banking integrations. The system connects banks and payment partners while maintaining Layer 0 interoperability through Metal Blockchain, and includes native Metal Dollar stablecoin infrastructure, bridge functionality for Ethereum deposits/withdrawals, and blockchain explorer tools (L2, Live, Main Product)
- [Metal L2 Bridge](https://thegrid.id/profiles/metal_l2): A bridge enabling asset transfers between Ethereum Mainnet and Metal L2 through smart contracts deployed on both networks. Users can deposit assets from Ethereum to Metal L2 and withdraw assets from Metal L2 back to Ethereum using native bridging infrastructure built on the OP Stack standard bridge protocol. (Bridge, Live)

## Assets

- [Metal DAO (MTL)](https://thegrid.id/profiles/metal_l2): MTL is the governance token of Metal L2, an Ethereum Layer 2 scaling solution built on the Optimism Superchain. It is used to vote on protocol upgrades and treasury allocations, pay for transaction fees on Metal L2, and receive fee discounts on Metal Pay. The token enables community governance over the Metal Dollar stablecoin basket composition, allowing the ecosystem to onboard banks and payment providers as stablecoin issuers within a BSA-compliant framework. (Governance)
- [Metal Dollar (XMD)](https://thegrid.id/profiles/metal_l2): XMD is a USD-pegged stablecoin backed by a basket of reserve-backed stablecoins including USDC, PYUSD, and USDP. It is used for trading on Metal X, as collateral in DeFi applications, and can be minted or redeemed 1:1 for any constituent stablecoin. By aggregating multiple issuers, XMD minimizes reliance on any single counterparty, with the smart contract basket dynamically adjusting the reserve mix to maintain stability and reduce risk exposure. (Stablecoin)

## Links

- [Main](https://metall2.com)
- [Whitepaper](https://metallicus.com/metal-l2-whitepaper.pdf)
- [Instagram](https://www.instagram.com/metalpaysme)
- [Twitter / X](https://x.com/Metal_L2)
- [Facebook](https://www.facebook.com/metalpaysme)
- [GitHub](https://github.com/MetalLayer2)

## Relationships

- [Metallicus](https://thegrid.id/profiles/metallicus): Parent organization

## Legal

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Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP