Transmembrane β-barrels of eukaryotic outer mitochondrial membranes (OMM) are major channels of communication between the cytosol and mitochondria, and are indispensable for cellular homeostasis. A structurally intriguing exception to all known transmembrane β-barrels is the unique odd–stranded, i.e., 19-stranded structures found solely in the OMM. The molecular origins of this 19-stranded structure and its associated functional significance are unclear. In humans, the most abundant OMM transporter is the voltage-dependent anion channel (VDAC). Here, using human VDAC as our template scaffold, we designed and engineered odd- and even-stranded structures of smaller (V216, V217, V218) and larger (V220, V221) barrel diameters. Determination of the structure, dynamics, and energetics of these engineered structures in bilayer membranes reveals that the 19-stranded barrel surprisingly holds modest to low stability in a lipid–dependent manner. However, we demonstrate that this structurally metastable protein possesses superior voltage–gated channel regulation, efficient mitochondrial targeting and in vivo cell survival, with lipid–modulated stability, all of which supersede the occurrence of a metastable 19-stranded scaffold. We propose that the unique structural adaptation of these transmembrane transporters exclusively in mitochondria bears strong evolutionary basis and is functionally significant for homeostasis.