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Metis, an Ethereum Layer-2 scaling solution, today announced the integration of OKX, a leading crypto exchange and global onchain company, as its newest decentralized sequencer node provider. The addition of OKX marks Metis’ fourth independent provider and tenth overall sequencer node, demonstrating growing institutional confidence in the network’s decentralized infrastructure.
Through its OKX Earn product, OKX has committed 20,000 METIS tokens to network security, bringing the total locked METIS to 487,801.89 tokens as of today. This significant stake strengthens Metis' economic security model while reducing circulating supply.
This collaboration showcases how major Web3 institutions can participate in Layer 2 network security while benefiting from Metis' revenue-sharing model. As a leading crypto exchange, OKX's participation as an independent sequencer validates Metis' decentralized approach to network operations.
"The addition of OKX as a sequencer node operator is transformative for Metis. Their global reach, technical expertise, and significant commitment to our ecosystem signal strong institutional confidence in our decentralized future," said Tom Ngo, Executive Lead of Metis.
Since the launch of the Decentralized Sequencer, Metis users could lock their tokens in LST protocols and earn sequencer rewards through decentralized sequencer nodes, to provide security to the network and earn token rewards.
You can learn more about the Decentralized Sequencer here: sequencer.metis.io.
Metis is pioneering Ethereum Layer 2 scaling through true decentralization. Its unique model combines community governance, shared network ownership, and revenue sharing, creating aligned incentives for all participants while maintaining superior security and performance.
OKX is a technology company with a mission to make blockchain-based assets more accessible. Its pursuit takes OKX to a decentralized future that makes our world more efficient, transparent and connected.
OKX began as a crypto exchange giving millions of people access to trading and over time became among the largest platforms in the world. In recent years, OKX has developed one of the most connected onchain wallets used by millions to access decentralized applications (dApps).
OKX is trusted by hundreds of large institutions seeking access to crypto markets on a reliable platform that seamlessly connects with global banking and payments.
Well-known products include: OKX Exchange, OKX Wallet, OKX Explorer, OKX OS, OKX Ventures and OKX Institutional. To learn more about OKX, download the app or visit: okx.com
