After more than two years of developing Metavault, we are pleased to see the evolution and increasing range of services we offer through our unique DeFi Hub. Going from a simple improved version of a GMX fork to a comprehensive DeFi hub with a Back-End-as-a-Service on top for partner projects, Metavault is now a full-fledged ecosystem.
This ecosystem consolidates six different services into a single interface: Spot trading, Perpetual trading, Cross-chain Spot trading, Binary Options trading, Sports Event betting, and Liquidity Provision. Metavault offers all these services through both our own products but also through those of our partners, who currently include:
- Perpetual DEX: the brand-new Perp DEX aggregator of Metavault
Metavault’s brand-new Perp DEX provides the opportunity to trade with leverage up to 100 across four distinct asset classes:
- Cryptocurrencies
- Forex
- Stocks
- Commodities
In addition, our Perp DEX aggregates liquidity pools from over 12 chains to offer traders the best possible execution for any given order. In essence, by trading with our new Perps DEX, traders can enjoy the best execution for their trades and reap the benefits across all chains without having to leave the chains or perform additional actions. Simply initiate your trade on, for example, Linea, and we will optimize the trade across more than 11 chains for you. As you hear more about chain abstraction, remember that Metavault has been developing this concept for over a year. This Perps V2 is the first step in this journey.
Users can take advantage of this Perp aggregator starting from Polygon PoS, Polygon zkEVM, Linea, and Kava Chain. We’ll soon expand this service to include BNB Chain, opBNB, and Kakarot zkEVM in the near future, with much more chains to come in the long run.
To learn more about our new Perp DEX design, head over to: https://medium.com/@metavault.trade/metavault-perps-v2-a-cutting-edge-perp-dex-aggregator-c5f4e66840fc
2. Spot Trading
We have partnered with Kyberswap to integrate their aggregation service. This allows you to get the best trading rates for your spot trading across 11 chains: Ethereum, Optimism, Arbitrum, Base, zkSync Era, Polygon PoS, Polygon zkEVM, Linea, Scroll, Avalanche, and BNB Chain.
3. Cross Chain Trading
Our products, along with our partners’, are available on a total of 12 chains, and we’re planning to integrate more chains over time. Therefore, an efficient bridging system is essential to facilitate the movement of assets between these chains. That’s why we’ve integrated the two leading bridging solutions: Stargate, powered by Layer Zero, and Squid Router, powered by Axelar.
Additionally, you can also make direct deposits into your wallet from your credit card using Mercuryo.
4. Binary Options
In addition to Spot and Perp trading, we offer a new funny way to trade: Prediction, aka Binary Options.
This service, launched in partnership with PRDT on Polygon PoS and BNB Chain, allows you to easily speculate on the short-term direction of an asset.
5. Sports Betting
Thanks to our latest major partnership with Azuro, you can now bet on more than 15 sports and e-sports, including football, basketball, rugby, and tennis, to name a few. This service allows you to bet on your favorite sports in a permissionless and transparent manner.
To learn more about this partnership, you can read the following comprehensive article: https://medium.com/@metavault.trade/metavault-and-azuro-pioneering-sports-betting-together-d5476749dd05
6️. Liquidity Providing
Besides these five activities, you can also provide liquidity in exchange for an APR from the trading fees generated by our products and those of our partners:
- Metavault: v2 and v3 pools on Linea and Scroll, as well our Perp DEX on Polygon PoS and Linea
- Kinetix: v2 and v3 pools on Kava chain and their Perp DEX
- QuickSwap: QuickSwap’s Perp DEX on Polygon zkEVM
- Grizzly Finance: v2 and v3 pools, plus Perp DEX on BNB Chain and opBNB (coming soon ⏳)
Note that these six services are accessible through a single interface, our DeFi Hub, and all these products benefit our MVX stakers, since now the vast majority of all our generated revenues are allocated to the buyback and burn of MVX.
And we’re not going to stop there! In the coming weeks/months, here’s what you can expect:
- A revamp of MVX tokenomics to enhance its utilities and value, the process has already started.
- Launch of our Perp v2 on more chains, notably BNB Chain, opBNB and Kakarot zkEVM, and with more partners.
- Introduction of more products.
- Scaling of our team.
The upcoming months promise to be as busy as they are exciting, and we can’t wait to reveal everything to you ♏
