|All Time High:|
|Market Cap: |
|The last known price of #MTLX is $0.30 USD.|
Please note that the price of #MTLX was last updated over 250 days ago. This can occur when coins have sporadic price reporting, no listings on exchanges or the project has been abandonded. All #MTLX statistics should be considered as 'last known value'.
The lowest MTLX price for this period was $0, the highest was $0.304, and the exact last price of MTLX was $0.30427.
The all-time high MTLX coin price was $13.34.
Use our custom price calculator to see the hypothetical price of MTLX with market cap of ETH or other crypto coins.
|The code for Mettalex crypto currency is #MTLX. |
Mettalex is 2.5 years old.
|The current market capitalization for Mettalex is not available at this time.|
Mettalex is ranking downwards to #11537 out of all coins, by market cap (and other factors).
|The trading volume is small today for #MTLX.|
Today's 24-hour trading volume across all exchanges for Mettalex is $1,183.
|The total supply of MTLX is 40,000,000 coins.|
Discontinuing Mettalex’s Medium Blog: Go to Mettalex.com
It is time to say goodbye to our Medium community. We consider it redundant to maintain two identical Mettalex blogs and we have decided to focus only on the one at Mettalex.com. We want to make Mettalex.com the one reputable source of information concerning the Mettalex DEX. Consequently, Mettalex’s blog here on Medium will no longer be updated. We invite you to continue following Mettalex and staying up to date by joining our communities on Twitter, LinkedIn, Telegram, and Discord. Stay informed about all Mettalex-related updates! Join our channels! Twitter | Telegram [Official] | Telegram [News] | Discord | LinkedIn Discontinuing Mettalex’s Medium Blog: Go to Mettalex.com was originally published in Mettalex on Medium, where people are continuing the conversation by highlighting and responding to this story.
With CO2-heavy non-renewable energy sources becoming a political taboo, could nuclear be considered a greener alternative? What could that mean for the price of uranium?. — — What is Uranium? - Uranium is a silvery-white metallic chemical element in the periodic table, with atomic number 92. It is assigned the chemical symbol U. A uranium atom has 92 protons and 92 electrons, of which 6 are valence electrons. Uranium has the highest atomic weight (19 kg m) of all naturally occurring elements. (1) Uranium occurs naturally in low concentrations in soil, rock and water, and is commercially extracted from uranium-bearing minerals such as uraninite. Uranium ore can be mined from open pits or underground excavations. The ore can then be crushed and treated at a mill to separate the valuable uranium from the ore. (1) — What is Uranium Used For? - The main use of uranium in the civilian sector is to fuel nuclear power plants. One kilogram of uranium-235 can theoretically produce about 20 terajoules of energy (2×1013 joules), assuming complete fission; as much energy as 1.5 million kilograms (1,500 tonnes) of coal. (2) — Price Performance in 2021 - The price of one pound of uranium on January 1 this year was $36.5. A multi-year high of a little over $50 per pound was reached in September representing an increase of 37%.Price chart by Trading Economics (3) What caused the price increase? — Forecast ...
Mettalex Partners With Polars to Attract Prediction Market Traders
Binary outcomes could present low risk, high reward opportunities for traders in the DeFi space. Mettalex and Polars use real-world data about commodities prices and event outcomes to enable such markets. A marketing partnership is only logical.. — With the launch of the mainnet network getting closer, Polars is organizing a Big Trading Competition with a prize pool of over $300k and NFT rewards to create some buzz. The competition will happen on two platforms — Twitter and Polar’s testnet on Binance Smart Chain. — The Black and White Tweets - Two tweets will be posted by Polar’s main Twitter account with content generated by Mettalex — one will represent a White Team, the other — a Black Team. On Polars’ testnet platform, users will be able to make a prediction about which tweet will generate more likes and reshares by betting test BUSD on the White or Black team. Whichever of the two tweets gets the most likes and retweets in 2 hours will win. — Conditions for Receiving MTLX Tokens as Part of Polars’ Big Trading Competition - To receive the airdrop and rewards as one of the 100 winners who bet on the winning tweet, the user must comply with all the conditions and rules of the Big Trading Competition. Here are the required steps: Like and retweet the event post (to be shared once the competition launches)., Enter your Binance Smart Chain wallet address by pasting this link in ...
Important Update: Launching the Mettalex DEX on Ethereum
After much deliberation, we have concluded that the Ethereum mainnet is unsuitable for the current design of the Mettalex DEX. Here is why.. — In the days after we announced that Amplify will end on October 31, the Mettalex team performed a feasibility study on the launch of the Mettalex DEX on the Ethereum mainnet. The main conclusions are as follows: — Cost-Related. — New Market Deployment. The current design of the Mettalex DEX requires the execution of 15 smart contract functions for a single new market to be launched. At 200 Gwei and an ETH price of $4000, this will require around $20,000., On-chain Oracle Updates. To receive secure off-chain price data the Mettalex DEX needs to execute an oracle update. A single market requires about 140 such updates per month. At 200 Gwei and an ETH price of $4000, this will result in a monthly cost of about $17,000 (per market)., Liquidity Migration. Once a market band is breached, that market is settled and a new market must be launched, featuring a new price band. To move liquidity from the settled market to the new one, several smart contract calls need to be executed. At 200 Gwei and an ETH price of $4000, this will require about $7000., Opening a Long/Short Position. Mettalex’s primary goal and unique value proposition is to enable users to speculate or hedge by opening long or short leveraged positions. At 200 Gwei and an ETH price of $4000, making a tra...
MettaInsights: Brent Crude Oil
With gasoline prices skyrocketing around the globe and especially in Europe what’s next for Brent Crude?. — — What is Brent Crude Oil? - Brent Crude may refer to any or all of the components of the Brent Complex, a physically and financially traded oil market based around the North Sea of Northwest Europe; colloquially, Brent Crude usually refers to the price of the ICE Brent Crude Oil futures contract or the contract itself. (1) Brent Crude is more ubiquitous than other types, and most oil is priced using Brent Crude as the benchmark, akin to two-thirds of all oil pricing. Brent Crude is produced near the sea, so transportation costs are significantly lower. In contrast, West Texas Intermediate is produced in landlocked areas, making transportation costs more onerous. (2) — What is Brent Crude Oil Used For? - Due to its “light and sweet” nature, Brent Crude is preferred in refining oil to produce diesel, gasoline, and other end products. It is considered “light and sweet” due to its relatively low density and low sulfur content. (3) — Price Performance in 2021 - The price of Brent Crude soared in 2021 hitting a 5-year high of $86.39 per barrel this week according to Bloomberg. That’s a 90% increase since January. — Forecast - There are several key reasons behind this year’s Crude price gain. With the shock of the Covid-19 pandemic subsiding and some of the largest economies...
Mettalex Community Update | September / October 2021
A concise summary of the most important developments around Mettalex in the last few weeks.. — — Marketing Updates: - AMA With Humayun Sheikh — On October 8th, we organized an Ask-Me-Anything session with Mettalex’s Founder and CEO to discuss goals and plans for Q4 and beyond. We used the occasion to review all objectives that the team has managed to achieve so far and to present our vision for the future. Read the session highlights here., Mettalex Amplify to Run Until October 31st, 2021 — One of the main announcements made during the AMA with Humayun Sheikh concerned the end of the Amplify program. The reason behind that decision is the need for more liquidity to be directed towards the DEX., Although Amplify will stop distributing MTLX rewards as of October 31st, liquidity providers will be able to continue generating yields in MTLX tokens by migrating their liquidity to the DEX. Uniswap and PancakeSwap LP tokens will be integrated as collateral types on the Mettalex DEX, so liquidity providers can just withdraw them from Amplify and deposit and stake them in the DEX. In this way they will make use of three rewards streams: 1. Uniswap/PancakeSwap trading fees; 2) Mettalex DEX trading fees; 3) MTLX rewards. Additional details and instructions will be released soon. USDO-Backed TSLA Market — We are thrilled to share that a second stablecoin collateral type is already available on the Mett...
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.. — Europe is on the cusp of a severe energy crisis. The prices of heating and electricity are soaring for both industrial users and households, threatening the fragile post-pandemic recovery. Several concurrent factors have created a perfect storm that has no signs of abating. Quite the contrary, experts believe that the situation might even get worse. With coal being pushed off the EU energy mix, reserves being at historically low levels thanks to a colder-than-usual 2020 winter, a hot summer in 2021, and with wind turbines producing less energy than expected, Europe is faced with triple-digit increases in prices of energy commodities. Governments are already deliberating on the best measures bound to mitigate the expected severe rise in energy expenses. It is yet unclear how sustainable and efficient those could be. In some countries, households must prepare to pay over 40% more for energy and heating, while industrial consumption could increase by more than 100%. What could SMEs and households do to stabilize their purchasing power? Hedge. Thanks to decentralized finance, consumers in Europe and around the globe could soon have access to an alternative solution to their energy woes and not have to rely on government subsidies to get through the upcoming winter. Using the decentralized Mettale...
Mettalex Launches First USDO Market — Tesla Inc.
Mettalex Launches First USDO Market — Tesla Inc. - — USDO stablecoin holders can now use it 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.. — We are thrilled to expand our collaboration with OpenDAO and OCP by integrating the USDO stablecoin as collateral on the Binance Smart Chain Mettalex DEX. The first USDO-backed market will allow users to long or short Tesla Inc shares. The significance of this announcement is threefold. First and foremost, it will allow USDO holders to both yield farm and trade on the Mettalex DEX. Tesla shares were selected to make up Mettalex’s first USDO-backed market mainly because of the company’s popularity among crypto enthusiasts. We hope both Tesla’s prominence and this newly founded utility of the USDO stablecoin will attract new liquidity providers and users, especially coming from the OpenDAO and OCP communities. Second, yield farmers receive a MTLX drip rate for the USDO collateral pool of 0.00087 in the first two weeks. This results in a 40% APY at a total staked USDO liquidity of 50,000. NOTE: Liquidity that is deposited but not staked will generate trading fees only. It will not be eligible for MTLX rewards. The trading fee APY is visible in the DEX. We plan to add a separate MTLX rewards APY in one of the next UI updates. Finally, since the MTLX token can be used to mint USDO, they can in ...
AMA Summary — Roadmap for Q4 and Beyond
AMA Summary — Roadmap for Q4 and Beyond - — A summary of the main points discussed during last week’s AMA session with Mettalex’s CEO and Founder Humayun Sheikh. Includes an important update about Mettalex Amplify.. — On October 8, 2021, we organized an Ask-Me-Anything session with Mettalex’s Founder and CEO Humanyun Sheikh to share plans and goals for the forthcoming months. Here are the highlights! — Review of what Mettalex’s team achieved in Q2/Q3 of 2021 - We launched the Mettacast series of conversations with industry experts and opinion leaders;, We launched the MettaInsights blog series focusing on trending commodities that may potentially be listed on Mettalex DEX in the future;, We organized a Community bounty for traders and trader referrers, and a Meme/Video/Gif competition;, We launched industry-first commodity markets such as Copper, Steel Scrap, and Steel Scrap shredded;, We launched MTLX rewards in the DEX., — What do we plan to focus on next? - The Mettalex team has set two major goals for the upcoming months, namely to attract liquidity and to increase the trading volume on the DEX. These two objectives are to a large extent interconnected but each target group of users — liquidity providers and traders — requires a specific strategic approach. — Attracting liquidity providers - Mettalex aims to accumulate at least $10M of liquidity on the DEX by...
MettaInsights: Natural Gas
An energy crisis is looming in Europe and energy commodities are at its center. Where is the price of natural gas headed? Find out in the latest edition of MettaInsights.. — — What is Natural Gas? - Natural gas, also called methane gas or natural methane gas, is a colorless highly flammable gaseous hydrocarbon consisting primarily composed of methane and ethane. It is a type of petroleum that commonly occurs in association with crude oil. (1) Natural gas is a type of non-renewable fossil fuel. CroftSystems.net (3) Natural gas withdrawn from natural gas or crude oil wells is called wet natural gas because, along with methane, it usually contains NGL — ethane, propane, butanes, and pentanes — and water vapor. Wellhead natural gas may also contain nonhydrocarbons such as sulfur, helium, nitrogen, hydrogen sulfide, and carbon dioxide, most of which must be removed from natural gas before it is sold to consumers. (2) — What is Natural Gas Used For? - Natural gas provides warmth for cooking and heating, and fuels power stations that provide electricity and heating to homes and businesses. It also fuels many industrial processes that produce materials and goods ranging from glass to clothing, and it is an important ingredient in products such as paints and plastics. (4) — Price Performance in 2021 - The price of natural gas remained mostly unchanged throughout the first several months of 2021 b...
More Mettalex (#MTLX) News
|Mettalex and S&P Global Platts Join Hands to Scale DeFi and Empower Comm...
Mettalex, a decentralized commodities derivatives exchange on Fetch.ai, is integrating industrial-grade price feeds in the DeFi ecosystem leading to higher blockchain efficiencies following their partnership with S&P Global Platts.
Mettalex Empowers Commodity Traders
Details on January 25 revealed that the deal would be advantageous to traders and businesses. Notably, Mettalex global traders would have access to unique commodities markets with a guarantee of smooth operations due to the use of premium and secure price feeds supplied by S&P 500 Platts.
Meanwhile, businesses' pain points would be quickly relieved as the availability of credible commodity and energy information on the blockchain encourages creators to develop community-facing automated market maker (AMM) models. At the same time, the availability of better risk reduction methods from solutions anchored on a reliable base layer translates to higher capital and cost efficiencies, all of which further help democratize access to the commodities market.
The Role of Dependable Price Feeds in DeFi Innovation
Matt Eversman, the Director of Licensing and Exchange Relationships for S&P Global Platts, said Mettalex's decision to integrate their price feeds recognizes the crucial role access to reliable data is especially when rolling out innovative solutions. According to the Director, their data would bring more efficiency in the Mettallex's marketplace:
'We're pleased that Mettalex recognizes the value of the transparenc...