Multyr, a non-custodial protocol deployed on Arbitrum One, has confirmed terms for its preMTRY presale targeted for Q4 2026. The offering will have an 800,000 USDC hard cap at 0.08 USDC per preMTRY token, with each preMTRY converting to four MTRY at token generation event. The protocol values MTRY at an implied fully diluted valuation of 6.0 million USDC based on a fixed 300 million token supply.
MTRY is a governance and utility token that carries no claim on Multyr's assets, revenue, or treasury, and provides no dividend or profit-sharing rights. The protocol is currently in Shadow Mainnet Testing on Arbitrum One, and public deposits remain closed while the system validates against real market conditions.
Automating Capital Allocation
Multyr addresses limitations in manual DeFi allocation by encoding capital management rules directly into vault contracts. When users deposit funds, they receive ERC-4626 shares representing a claim on pooled assets rather than individual deposits. Capital then flows through a constraint layer that caps exposure per strategy and protocol, sizes moves against available liquidity, and verifies cost efficiency for each rebalance.
The protocol allocates capital across DeFi strategies but does not generate yield itself. Yield comes from the underlying lending markets, not from Multyr. The constraint layer reduces risk exposure but does not eliminate it entirely.
Governance and Security
Multyr's governance operates through a 3-of-5 multisig that schedules parameter changes, which then enter a 48-hour on-chain timelock that cannot be shortened or bypassed. A separate single-signer Safe can cancel pending changes during this window. An emergency guardian can pause the system at any time but cannot lift its own pause; resuming requires the full governance process.
The MTRY token and presale contracts were audited by HackenProof, with the engagement completed in August 2026. All findings were remediated and the full report was published. The protocol core has not yet been audited; that engagement is being scoped with execution and remediation targeted for Q4 2026. Public launch is planned for Q4 2026 or Q1 2027 following completion of the core audit.
Eligible participants considering allocations of 25,000 USDC or more may contact the Multyr team to inquire about a private tranche, subject to on-chain KYC verification. The waitlist and documentation are available at multyr.fi and docs.multyr.fi.
