Monish Muralidharan
Monish Muralidharan

Monish Muralidharan

3

min read

Apr 21, 2025

Mettalex Quarterly Update Q1 2025

Mettalex Quarterly Update Q1 2025

As we move into April, it's time to reflect on what happened in the first quarter of 2025 for Mettalex. From launching cross-chain trading features on the public beta to delivering one way anyMTLX bridge, here is a quick look at the key highlights from Q1.

anyMTLX to MTLX – The AI Agent One-Way Bridge

At the beginning of the year, we launched the anyMTLX to MTLX cross-chain bridge powered by Fetch.ai's autonomous agents. This bridge enabled our community members to seamlessly transfer their anyMTLX to MTLX at a 1:1 ratio. Please find the stats for the bridge below:

  • 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: Mettalex Status.

Cross-Chain Trading Feature on Public Beta

We rolled out the cross-chain trading feature on the public beta in March, starting with the Polygon Amoy and Cosmos network. This new feature allows users to trade assets across two blockchains with AI agents, ensuring smooth and secure transactions. We look forward to continuing the expansion of this feature, which will support more chains in the coming months.

Tokenomics Update

We are currently revamping our tokenomics to better align with the evolving needs of the platform. This ongoing update will optimize the utility of $MTLX, supporting our long-term growth and broader market trends.

Private/Focused Group for UI/UX Feedback

As part of our commitment to delivering a seamless user experience, we have launched a private group for UI/UX feedback. This group will focus on gathering input from the community before development moves forward. Involving our users early in the design process will help us create a platform that meets community needs.

Options & Futures Trading Integration

Work has begun on integrating options and futures trading within the Mettalex ecosystem. This will allow users to create and trade customizable options contracts directly through their agents, offering more advanced trading strategies without relying on centralized exchanges. Stay tuned for more updates as we move toward launching this feature.

Looking Ahead: Q2 2025

As we look forward to the second quarter of 2025, we have a lot to be excited about:

  • Dynamic Chain Addition/Removal for Agents: We will enable agents to dynamically add or remove chains on which they can trade, providing even more flexibility as we expand our platform's cross-chain capabilities.

  • UI/UX Implementation: We will roll out the new UI/UX design Including feedback from private community, which will improve the overall platform experience.

  • Options & Futures Testnet: We will begin rolling out the testnet for our options and futures trading feature, offering users a hands-on experience with these new features.

  • Litepaper Release: We are preparing the release of our Mettalex Litepaper, which will provide a deeper dive into our technology, vision, and upcoming developments.

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.