Monish Muralidharan
3
min read
Feb 11, 2025
The first month of 2025 has been a big one for Mettalex. From launching a first-ever AI agent-powered bridge to making waves in the DeFAI movement, we have started the year strong.
Here’s everything that happened in January. Let’s break it all down. 👇
Core Updates & Releases
anyMTLX to MTLX – The AI Agent-Powered One-Way Bridge
We kickstarted this year with a breakthrough in cross-chain bridging through our first-ever AI agent-powered one-way bridge. An autonomous AI agent actively monitors the blockchain for locked anyMTLX tokens on the BNB Smart Chain. Once the transaction is received, this agent uses secure inter-agent interaction with another AI agent to release the equivalent $MTLX on Ethereum. This ensures a safe, efficient, and seamless transition without relying on liquidity pools or centralized intermediaries.
With over 60% of anyMTLX already bridged, the final deadline is February 15—make sure to migrate before then!
Bridge now → https://bridge.mettalex.ai
Updated Order Matching Algorithm is now live on the Beta
A better way of order matching and execution is now live on public Beta. Trades now execute not only when the exact price matches but also when a trade is beneficial for both parties involved.
UX Updation
We have started working on implementing the new UX design, which a private group will initially test. This new UX will make the system more intuitive and resonate more with familiar marketplaces.
Mettalex at Step Dubai 2025
Mettalex is heading to Step Dubai 2025 at Dubai Internet City on February 19 to showcase how AI agents are transforming DeFi. Meet Chirag (Project Manager) and Mehul (Tech Lead) at the event and join the discussion on AI-powered trading.
Check out the announcement here: https://x.com/Mettalex/status/1884517114280829073.
Ecosystem Engagements
Mettalex Featured in CryptoRand Article
Mettalex was featured in Crypto Rand’s market bulletin, highlighting our innovative approach to AI agents in DeFi. This shows how DeFAI is gaining momentum and highlights how Mettalex is riding this narrative.
A huge thanks to our community for the continuous support in amplifying the Mettalex narrative!
Read more: https://x.com/crypto_rand/status/1883895698082414707
Decoding DeFAI – Twitter Spaces with CrunchDAO
We joined CrunchDAO and other industry leaders to dive deep into the DeFAI narrative in a session titled Decoding DeFAI. Discussing AI’s role in decentralized trading, autonomous agents, and the future of finance.
Did you miss the session? Catch it here: https://x.com/Mettalex/status/1884624725328236628.
What is DeFAI? Blog Release
As DeFAI takes significant momentum in the crypto space, we published a blog explaining what DeFAI is and how Mettalex is capitalizing on this movement.
Read here:https://www.mettalex.ai/blog/what-is-defai-how-is-mettalex-capitalizing-on-the-defai-narrative.