Is Metal DAO (MTL) halal or haram?
Not screened yet
We have not run our Shariah screening on Metal DAO yet, so we are not giving a ruling on this page. What is below is what we have gathered and checked ourselves, without any AI: where the coin lives, its supply, what its own blockchain says about who can freeze or create coins, and the project's own documents.
What it is
Metal DAO (MTL) is a utility token that currently governs the stablecoin Metal Dollar (XMD), in addition to providing tiered trading discounts to MTL holders when using the Metal Pay cash & crypto app.
The basics
- Where it lives
- token on metal-l2
- Circulating supply
- 93,397,746 MTL
- Total supply
- 93,397,746 MTL
- Category
- Smart Contract Platform, Layer 2 (L2), Made in USA
Who controls the coins
Token on metal-l2. Its contract was not read: we read Ethereum-style chains, Solana, Sui, Stellar, Algorand and Hedera directly, and not this one yet.
Whether anyone can freeze a holder's balance, or create new coins, is part of our screening, and it is checked there.
The project's own sources
Checked on 23 September 2026. Every address above was fetched once to confirm it loads.