Access the world’s first DEX focused on token based commodities trading. Accessible 24/7 with tight trading spreads, low margin requirements and unique hedge instruments that ensure you don’t get liquidated prior to settlement dates.
Mettalex Community Update | September / October 2021
A concise summary of the most important developments around Mettalex in the last few weeks.
Mettalex Launches First USDO Market – Tesla Inc.
USDO stablecoin holders can now use the USDO stablecoin to trade or yield farm on the Mettalex DEX!
Get a 40% APY on your USDO holdings and/or long or short Tesla Inc stock.
$200,000 of liquidity is already available to ensure low slippage trades.
October 28 - Mettacast 06 | The Future of Stablecoins in DeFi
Will stablecoins manage to survive the upcoming regulatory clampdown and what concessions will DeFi users have to accept to continue exploring the numerous opportunities offered by DeFi?
What is the stablecoin design of the future? Are there any curious stablecoin projects that may not turn into million-dollar fiascos? How can Jarvis technology serve Mettalex DEX users?
These are just some of the questions that will be explored with Pascal Tallarida, Founder of Jarvis Network.
Energy Crisis in Europe: How Can Mettalex Help?
Open access to commodities hedging tools can help you get protection against soaring prices of raw materials you depend on.
That's what Mettalex is for.
Access traditional markets with minimal friction on taking positions and reduced requirements for margin. We combine the convenience of tokens with market sizes of the commodities world.
Advanced Autonomous
Market Makers
Advanced mathematics ensures that all Mettalex markets are fully collateralized. Even more efficient mathematical operations will be introduced with the incorporation of Fetch.ai technology.
Unique
DeFi Markets
The Mettalex commodity derivatives exchange features markets unavailable anywhere in the DeFi space, including Steel, Iron Ore, Natural Gas, Aluminium, Zinc, Copper, and spreads like BTC/Gold, ETH/Gold, sCEX/sDEFI, and many more.
Perpetual
Liquidity Mining
87.5% of all MTLX tokens will be distributed to liquidity providers (LPs) that supply stablecoin liquidity to Mettalex’s Autonomous Market Makers. That turns all Mettalex markets into “perpetual yield farms”. In addition, LPs are also rewarded with trading fees.
No liquidations
Stakeholders taking hedge positions assuming price hikes or dips will not lose their collateral on the basis of short term price movements. Position tokens remain valid until the date of settlement and recover in value if price recovers unlike a margin based position.
Instant
Settlements
Positions on Mettalex are monitored by an autonomous agent that ensures the market has sufficient liquidity for absorbing your position in the event that you decide to exit.
Crowd-sourced
Collateral Pool
Mettalex uses position tokens instead of margin positions offered by conventional trading platforms. These position tokens in turn are backed fully by individuals looking to receive a part of the trading fees from the platform. Adding another layer of stability to the exchange.
