1. Summary

Ranks

Liquidity
73
Developer
60
Social
79
Momentum (beta)
27
Stack Rank™
21
Price
52W High price $7.59
52W High date 7th Mar 2024 (4 months ago)
All Time High (ATH) Date 21st Feb 2021 (3 years ago)
ATH Price $14.40
% From ATH -81.91%
All Time Low (ATL) Date 25th Oct 2022 (1 year ago)
ATL Price $0.05
% From ATL 5491.85%
Supply & Trading Volume
Trading Volume (24h) $13,237.00
Total Supply 40.00M
Circulating Supply 4.06M
Description

Mettalex

Mettalex

Mettalex is a decentralized commodities exchange built on blockchain technology, initially launched on Binance Smart Chain (BSC) and Ethereum (ETH) under the Fetch.ai umbrella. Now, it is an independent project with its own dedicated team, maintaining some support from Fetch.ai. The platform leverages AI agent technology to optimize trade execution and eliminate central points of failure inherent in smart contract-based DeFi protocols.

Key Features

  • Agent-based Trading: Mettalex integrates AI agent technology developed by Fetch.ai to facilitate intelligent order matching, reducing concerns related to slippage and central points of failure.
  • Decentralized Orderbook: The platform adopts a decentralized order book model, enhancing transparency and mitigating manipulation concerns commonly found in centralized order book systems.
  • Comprehensive Markets: Mettalex lists a wide variety of traditional commodity markets and crypto commodity markets, including spreads between the two, ensuring democratized access to commodities trading.
  • Autonomous Market Making: The platform's Autonomous Market Makers (AMMs) act as opposing sides to any trade, allowing for execution whenever users are willing to pay the determined long/short price and fee.
  • Tokenomic Structure: 87.5% of MTLX tokens are allocated to liquidity providers, incentivizing the supply of stablecoin liquidity to the AMMs, making the platform a "perpetual yield farm."
2. Price

MTLX

2.1. Market Performance

How does Mettalex's (MTLX) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

11.7%

MTLX

-5.9%

Similar Market Cap

60 Day Return

-42.0%

MTLX

-34.1%

Similar Market Cap

1 Year Return

651.8%

MTLX

383.1%

Similar Market Cap

3. Developer Activity

We're monitoring 74 Mettalex GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Mettalex Repos)

Commits vs. The Market

  • Past 4 weeks: 4 commits vs. an average of 1
  • Past 12 weeks: 45 commits vs. an average of 8
  • Past year: 169 commits vs. an average of 117

Most Active Repos

Past week 0
Past 12 weeks 0
Past year 2982
Past week 0
Past 12 weeks 19
Past year 471
Past week 0
Past 12 weeks 3
Past year 433
Past week 6
Past 12 weeks 44
Past year 286
Past week 0
Past 12 weeks 6
Past year 240
Past week 1
Past 12 weeks 1
Past year 156

Top Developers 2024

In total, 458 developers have contributed to Mettalex over the past year. Who are the most active Mettalex developers, by commits, over the past year?

Related Projects

Developers working on Mettalex also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 0
Active Reddit Users (past 24h) 0
Discord users
Active Discord Users
Telegram Users 3,712
Twitter followers 35,228
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://mettalex.com/
Explorer https://etherscan.io/token/0x2e1E15C44Ffe4Df6a0cb7...
Twitter @Mettalex

What is the correct contract address for Mettalex?

Ethereum 0x2e1e15c44ffe4df6a0cb7371cd00d5028e571d14
Binance-smart-chain 0x5921dee8556c4593eefcfad3ca5e2f618606483b

Has Mettalex been audited for security?

No security audits found for this project.

Are you the owner of Mettalex? Edit it here

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