Metric Airdrop Guide 2026: Earn Fees on Tokenized Stocks

Metric Airdrop Guide 2026: Earn Fees on Tokenized Stocks

Short answer: As of October 2026, Metric has no token, no points and no announced airdrop. What it does have is live fee income for liquidity providers on tokenized-stock pools, a referral system, and a DEX that only opened on BNB Chain on October 14, 2026. You farm it by being a real LP early, and you get paid in fees while you wait.

Here is the one mistake I see coming: people will chase the 300% APR pool on day one and then wonder why their position changed shape. This guide is about avoiding that.

What is Metric?

Metric is a decentralized exchange for tokenized stocks and crypto, live at app.metric.xyz on BNB Chain, Robinhood Chain and Ethereum. The app has four sections: Swap, Pools, Portfolio and Referrals, and it states it takes no front end fees.

Before this DEX, Metric ran as a DEX aggregator, and launch coverage says the team reported more than $10 billion in cumulative volume in that phase. The new exchange uses what Metric calls a propAMM: pool prices are anchored to external oracles, including Chainlink Data Streams, instead of only drifting with trades. Odaily also describes Active Pools and self-deployed pools as part of the design.

The pools are curated. Every pool in the list shows a curator. Most are tokenized stocks paired with USDT: SKHYB, QQQB, NVDAB, CRCLB, AAPLB, SPCXB, TSLAB, BABAB, GMEB, HOODB, GOOGLB, MUB, SPYB, SNDKB, MSTRB, KORUB, METAB, DJTB, SOXLB, DRAMB and more. There are also WBNB-USDT, BTCB-USDT, WETH-USDT and USDC-USDT pools, the last curated by "Carcosa".

What are the "B" stock tokens on Metric?

The B tickers are bStocks, tokenized US stocks and ETFs issued as BEP-20 tokens on BNB Chain by BTech Holdings Limited, a Binance group affiliate registered in Abu Dhabi Global Market (ADGM). Binance says each token is backed 1:1 by a real share held with a custodian, and that they are certificates that give exposure to the stock's performance, not direct share ownership. bStocks are not offered to US persons. One Spanish-language report put bStocks at about 85% of tokenized-stock DEX volume in July 2026, which explains why a DEX would build around them.

My take: you are holding a Binance-affiliated certificate inside a Metric pool. That is two layers of trust. Know both.

Is there a Metric airdrop?

No Metric airdrop has been announced as of October 2026, and there is no Metric token or points program. Here are the honest signals, both ways.

For it:

• The DEX is brand new (October 14, 2026 on BNB Chain), so early users are a small group.
• A referral system is already built into the app, with stats marked "coming soon". Teams build referral tracking when they plan to reward something.
• Third-party coverage says Metric supports custom points and token reward extensions for incentive programs.
• Real volume: on October 23 the SKHYB pool alone did $15.95M in 24 hours.

Against it:

• Nothing official. No points page, no token, no "season".
• I could not find a public funding round or investor list.

So my framing is simple: farm the fees, and treat any future drop as a bonus. "Get paid now, stay positioned for later" is the only honest way to play a tokenless DEX.

How to farm Metric (step by step)

Cheapest and safest first.

1. Sign up through the referral link. Open Metric and connect your wallet. Doing it through a link first means you are attached to a referrer before you deposit, in case referrals ever count.

2. Pick your chain. The swap screen defaults to BNB Chain, and most stock pools I saw are there. You need a little BNB for gas and USDT or USDC to start.

3. Start with USDC-USDT. On October 23 it showed about 11.8% APR on $192K TVL with $16.09M in 24h volume. Both sides are dollars, so impermanent loss is minimal unless one stablecoin loses its peg. This is where you learn the deposit, the Portfolio view and the withdraw flow with almost no price risk.

4. Add one stock pool you would hold anyway. If you are fine owning NVDA or QQQ exposure for weeks, a stock-USDT pool lets that exposure earn fees. Deposit a size you would not mind holding as the stock if the price moves hard.

5. Read the pool status before every deposit. Some pools show "Paused" or "Feed down". Do not deposit into those, and know that a pool you are in can switch to that state.

6. Check daily. APRs move every day. Note the curator, the TVL and the volume. A falling volume number means a falling APR.

7. Use the product normally. A few real swaps, a steady LP position and some time in the app is what a fair retroactive reward would look at, if one ever comes. I would not wash trade. It costs fees and teams filter it.

The October 23, 2026 snapshot

This is what the Pools page showed on October 23, 2026. It is not a promise.

• SKHYB-USDT: $1.40M TVL, $15.95M 24h volume, about 242% APR
• QQQB-USDT: $1.27M TVL, about 76% APR
• NVDAB-USDT: $1.08M TVL, about 97% APR
• CRCLB-USDT: $572K TVL, about 357% APR
• AAPLB-USDT: $462K TVL, about 57% APR
• USDC-USDT: $192K TVL, $16.09M 24h volume, about 11.8% APR

The pattern: APR is fees divided by pool size. A small pool with huge volume prints a huge number. As more LPs arrive, the same fees get split more ways. So the stable pool's 11.8% is the number I would plan around, and anything above it is weather. If you see a pool at 300% with tiny TVL, ask yourself who else will see it tomorrow.

What are the real risks?

Impermanent loss. In a stock-USDT pool, if the stock rips, you end up with more USDT and less stock than if you had just held. If it dumps, you end up holding more of the falling stock. Fees can cover that, or not.

Oracle "feed down". Metric prices pools off external feeds. Stock markets close, feeds can stall, and the pool shows "Feed down". That protects LPs from being picked off at stale prices, but it can also mean your position sits frozen when you want out.

Paused pools. Curators or the protocol can pause a pool. You are trusting that curator's judgement.

Moving APRs. Every number above can halve by next week. Plan on the stable pool rate, enjoy the rest if it holds.

Contract and issuer risk. I found no public audit for the new Metric DEX contracts, so I would size small. The bStock itself depends on its issuer and custodian.

How much does it cost to farm Metric?

Metric itself charges no front end fee, so your costs are gas, any swap fees to get into a pool, and impermanent loss. On BNB Chain gas is usually small. What I'd do with $100: put most of it in USDC-USDT, learn the flow, then move a slice into one stock pool once you are comfortable. There is no minimum I could find.

Is Metric safe?

Metric is a live, self-custodial DEX, but it is new and I found no public audit, so treat it as early-stage risk. Only use app.metric.xyz, never sign approvals from DMs, and revoke approvals you no longer need. If you are a US person, bStocks are not offered to you.

Metric FAQ

Is the Metric airdrop confirmed? No. As of October 2026 Metric has no token, no points and no announced airdrop. The only rewards today are LP fees.

Does Metric have a token? No Metric token has launched. A token called METRIC on some trackers belongs to a different, older project (Metric.exchange), so ignore it.

What chains is Metric on? BNB Chain, Robinhood Chain and Ethereum. The swap screen defaults to BNB Chain.

Who issues the B stock tokens? BTech Holdings Limited, a Binance group affiliate, issues bStocks as BEP-20 tokens backed 1:1 by real shares, according to Binance.

What does "Feed down" mean on Metric? The price oracle feeding that pool is not updating, so the pool is not trading normally. Do not deposit into it.

Can I earn without trading? Yes. Providing liquidity earns a share of swap fees. For a USDC-only option with no stock exposure, see the TxFlow vault below.

Stack it

TxFlow : its official Liquidity Provider vault takes USDC and earns APR without you trading perps. On October 23 it showed a past-month APR of +29.24% on about $9.22M TVL. TxFlow Season 1 points are live, and "TVL Contribution" is one of its six points dimensions. I have not confirmed in the docs that vault deposits count toward it, so treat that as my read, not a promise. Join with my TxFlow invite and read the TxFlow guide . I cover Metric and TxFlow in the same video.

Robinhood Chain tokenized stocks : Metric also runs on Robinhood Chain, where Arcus and Rialto trade stock tokens. If you already hold stock tokens there, you understand the asset. If you want the Pendle angle on tokenized stocks, see the xStocks guide .

Build it

Every Metric pool has a curator, and every LP is staring at an APR that changes daily. Build a dashboard that tracks pool APR, TVL and feed status over time, or a bot that pings you when a pool you are in goes "Feed down". Start it with Deployr .

Related: TxFlow airdrop guide | Robinhood Chain tokenized stocks | xStocks airdrop guide | Ask the planner | Best airdrops October 2026 | All airdrops