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 | January 2022
Major UI/UX changes have been incorporated in the DEX.
The Mettalex commodity and crypto derivatives trading platform is now more responsive, reliable, and user-friendly.
Get more updates by reading our latest community report.
Mettalex Research: DeFi 2.0 – MetaversePRO
A new DeFi movement aims to address one of the most pressing issues in the space, namely the unsustainability of liquidity mining.
Could DeFi 2.0 be on to something and can we apply it in Mettalex?
MettaInsights: European Union Emission Allowances
The cost of carbon is reaching levels unexpected in less than a decade.
What is causing the price increase of emission allowances and could they become even more expensive in the future?
Would you like to trade EUAs on the Mettalex DEX?
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.
Liquidity Providers
Users who provide liquidity to Mettalex’s DEX autonomous market makers get rewards in both trading fees and MTLX governance tokens. Provide liquidity in BUSD, USDO, MTLXBUSD PancakeSwap LP tokens. More options - coming soon!
Traders
Through the Mettalex DEX, crypto traders get access to traditional and crypto commodities markets unavailable anywhere else in the DeFi space. Enjoy a plethora of assymetric opportunities and trade derivatives for a fraction of the spot price.
Commodity Holders
Participants in the commodities supply chain could use the Mettalex DEX to acquire cost and capital-efficient access to an efficient hedging tool. The risk associated with each long or short position is fully quantified.
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 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.
