Market cap
$110.97K
1.21 %
Volume (24h)
$17.87
1.21 %
Circulating supply
1,123,003 MTLX
Total supply
40,000,000 MTLX
Max. supply
40,000,000 MTLX
Mettalex (MTLX)
$ 0.03
1.21 %
Main info
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Comments
Markets
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Key data
updated $0Market cap$110.97K
Volume 24h$17.87
Circulating supply1.12M3% of max 40M
All-time high$14.4-100% from peak · 2021-02-21
Mettalex (MTLX) is the native token of Mettalex, a decentralized exchange built around commodity derivatives trading. In plain terms, it lets users take long or short positions on things like metals and agricultural products without actually owning the underlying goods. MTLX sits at the center of that system, rewarding liquidity providers and giving holders a stake in the platform.
Frequently asked questions
What is Mettalex and how is it different from other DeFi projects?
Mettalex is a decentralized exchange focused specifically on commodity derivatives — think steel, agricultural products and other real-world assets — rather than generic crypto trading. Instead of holding actual commodities, users trade synthetic positions backed by a collateral pool. That niche focus on commodity markets is what sets it apart from most DEXs, which mainly handle spot token swaps.
How does the Mettalex technology work?
The platform runs on smart contracts, originally launched on Binance Smart Chain (now BNB Chain) with an Ethereum version as well. Liquidity providers deposit stablecoin collateral into a shared pool, and traders open long or short positions against that pool using self-rebalancing instruments. A bond-based mechanism keeps the system solvent, so positions are always fully collateralized.
How is the MTLX token supply and emission structured?
MTLX has a fixed maximum supply, which makes it a scarce asset rather than an infinitely inflating token. New tokens were distributed largely through liquidity farming rewards, where users earn MTLX for supplying collateral to the exchange. There is no ongoing unlimited emission, so the total supply is capped by design.
How can I store and use MTLX?
Since MTLX is an ERC-20 and BEP-20 compatible token, any wallet that supports those standards works — MetaMask and Trust Wallet are common choices. You can use it to provide liquidity on the Mettalex exchange and earn a share of trading fees, or simply hold it in your wallet. As always with self-custody, keep your seed phrase offline and never share it with anyone.