Monish Muralidharan
Monish Muralidharan

Monish Muralidharan

3

min read

Mar 12, 2025

Mettalex Monthly Update – February 2025

Mettalex Monthly Update – February 2025

As we step into March, here is an update on all the key developments at Mettalex in February. From attending global events to product updates, we have been progressing toward an agentic, true peer-to-peer trading system.

Core Updates & Releases

Mettalex at STEP Dubai 2025

This month, we had the opportunity to showcase and demonstrate Mettalex at STEP Dubai 2025, one of the biggest tech and startup conferences. Our presence at the event helped us engage with industry leaders, blockchain innovators, and potential partners, gathering valuable feedback on AI-agent-driven trading and DeFi. The discussions at our booth highlighted the growing demand for AI-powered financial instruments and trustless trading infrastructure.

Find updates here: https://x.com/Mettalex/status/1892254990137512024.

anyMTLX Bridge Closure & Final Statistics

The anyMTLX to MTLX bridge has officially closed, completing the migration of assets from Binance Smart Chain to Ethereum. The bridge enabled users to move their assets seamlessly in a secure, trustless, and efficient manner, powered by Fetch.ai’s autonomous agents infrastructure.

Final Bridge Statistics:

  • Total Transactions: 125

  • Total Amount Bridged: 429,304.28 MTLX

  • Unique Users Who Migrated anyMTLX: 103

  • Largest Single Transfer: 75,020.34 MTLX

Learn more here: https://x.com/Mettalex/status/1891547216063369286.

Cross-Chain Trading Is Set to Launch in March

One of the significant milestones for Mettalex is just around the corner! We will be launching cross-chain trading on the public beta in March, enabling users to trade assets seamlessly across multiple blockchains, initially with Polygon Amoy. With Fetch.ai’s agent-based technology, cross-chain swaps will be faster, more secure, and completely decentralized. Stay tuned for the official launch announcement!

Work Begins on Options Trading Integration

We have started work on options trading integration within Mettalex. This will allow users to create and trade customized options contracts directly through their agents without relying on centralized exchanges.

Team Expansion at Mettalex

We have onboarded one Design Intern and two Developers to the Mettalex team. This allows us to focus on different aspects at once, including building Options Trading for Mettalex.

With more hands on product now, we are making steady progress on improving our trading infrastructure and enhancing the overall user experience. More updates to follow.

Ecosystem Engagements

Deep Dive: How Mettalex Uses Fetch.ai’s Agents for Cross-Chain Bridging

This month, we published a detailed blog explaining the technology behind the anyMTLX-to-MTLX bridge. The article describes how Fetch.ai’s autonomous agents power a secure and efficient migration process, eliminating the need for manual intervention or centralized intermediaries.

If you haven’t checked it out yet, you can read the full article here: https://www.mettalex.ai/blog/how-mettalex-uses-fetch-ai-s-agents-for-the-anymtlx-to-mtlx-bridge

Mettalex is the world’s first AI agent-based P2P order book DEX, designed to make digital asset trading efficient.

© Mettalex, 2025. All rights reserved.

Mettalex is the world’s first AI agent-based P2P order book DEX, designed to make digital asset trading efficient.

© Mettalex, 2025. All rights reserved.

Mettalex is the world’s first AI agent-based P2P order book DEX, designed to make digital asset trading efficient.

© Mettalex, 2025. All rights reserved.