Upbit opened MetaDAO trading at 18:00 KST on July 29, 2026, after moving the start from 16:30, with KRW, BTC and USDT pairs and Solana-only deposits. The token trades there as META2 to avoid a clash with Metadium. Bithumb added a won pair on August 4. META trades near $6.03 on October 7, above its price at the Coinbase listing.
Where it stands
Upbit posted its notice at 13:16 KST on July 29 and revised it at 16:00 to move the start to 18:00 KST. Deposits and withdrawals run only on Solana. The notice set prior-close reference prices of 6,138.07 won, 0.00006652 BTC and 4.21 USDT. Upbit applied its usual limits: buy orders blocked for about five minutes, sell orders more than 10 percent below the close restricted, and limit orders only for about two hours.
Upbit already trades Metadium under META, so MetaDAO is META2 there. It is the same token that trades as META elsewhere. Bitcoin Sistemi reported the original 16:30 start, so some coverage still carries the earlier time.
Bithumb opened its own won market for META2 on August 4, with a reference price of 7,558 won. crypto.news reported a 16:00 KST start. Coingabbar later reported 19:00 KST after two revisions. Both agree on the date and the price anchor, and neither time is confirmed here. Upbit's notice list shows no caution or delisting notice for META2 through October 6.
Coinbase is the older listing. Coincu reported that META and Derive's DRV were added to its roadmap on May 19 and 20, with trading scheduled for May 27 at 00:00 UTC if liquidity conditions were met. Bitcoin Foundation reported the 27 percent rally on May 29, to about $3.68 and a market cap of $85.2 million. The reports leave the exact opening day open, and we keep May 27 as the scheduled date.
CoinGecko showed META at $6.03 on October 7, up 0.3 percent in 24 hours and 3.5 percent over seven days. The market cap was $136.8 million on 22.685 million circulating tokens, with daily volume of $6.8 million. The all-time high is $10.84 and the low is $0.7244.
The experiment behind the ticker
MetaDAO runs on futarchy. The community sets a goal, and markets rather than votes choose the policies. Each proposal opens conditional markets that price the token under both outcomes, and the decision executes only if traders price the pass scenario higher. The pitch is that markets are harder to bribe than token voting, where whales and apathy decide most outcomes.
A concrete decision is put to the DAO.
One prices the token if the proposal passes, one if it fails.
Traders bet on which outcome serves the goal better.
The proposal executes only if the pass market prices higher.
The project has extended the idea to ownership coins. Crypto Briefing, writing on July 11, described them as tokens that give holders enforceable control over treasuries, intellectual property and operations, with decision markets approving major spending. It tied them to what it called Solana's token credibility problem. MetaDAO held its first Owners Meeting on July 10 in San Francisco.
Whether futarchy scales beyond a research community is the question a Korean retail listing tests. Upbit flow tends to chase memecoins and infrastructure plays, and a governance mechanism is an unusual fit. At the Upbit debut the META/KRW pair became the token's most active market at roughly $11.7 million a day, CoinGecko showed, and the price moved about 24 percent. That is curiosity, not proof of conviction.
Risks and open questions
Total daily volume was $6.8 million on October 7, below the roughly $11.7 million the META/KRW pair alone traded at the debut. That fits the usual fade after a listing. The price, though, sits above both the Coinbase-listing level and Upbit's July 29 reference.
No Binance, OKX or Bybit listing has been found. Binance's new-listing list shows no META notice through October 7. A dated event row would follow any of those venues. The second thing to watch is the protocol's own decisions: proposals that pass through conditional markets show the product working, and a governance token whose mechanism goes quiet is a listing with nothing underneath. Derive's DRV and Gensyn are other recent Upbit listings with their own pages.
What to watch:
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Any Binance, OKX or Bybit notice for META.
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Proposals that pass or fail through the conditional markets.
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Whether the META2/KRW pair keeps meaningful volume, as the listings guide suggests.
Nothing here is trading advice.
Not financial advice Listings often spike and then fade once the first wave of buyers is done. Nothing here is a suggestion to buy this token. Check dates on the exchange's own announcement page before trading: schedules slip. Our listing reaction data shows how new listings have typically traded.
