Ask about MetalSwap
Logo of MetalSwapMetalSwap(XMT)
Total Value Locked$7,006.97

TVL by Chain

Linea$3,894.31

Ethereum$2,009.69

OP Mainnet$1,102.97

BSC$0

Key Metrics

Staked$85,832.18

$XMT Liquidity$23,935

Uniswap V3$23,935

Protocol Information

MetalSwap is a decentralized platform that allows hedging swaps on financial markets with the aim of providing a coverage to those who work with commodities and an investment opportunity for those who contribute to increase the shared liquidity of the project.

Category:Derivatives

Audits:

WebsiteGitHubTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Contango V2 ($6.16m)Lynx ($176,824.81)RubyDex ($24.12)ApeX Pro ($1.43m)Vest Markets ($176,379.16)Extended Perps ($125.62m)Derive V2 ($117.2m)dYdX V3 ($37.88m)Apex Omni ($29.58m)Aevo Perps ($14.66m)

Frequently Asked Questions

What is MetalSwap?

MetalSwap is a decentralized platform that allows hedging swaps on financial markets with the aim of providing a coverage to those who work with commodities and an investment opportunity for those who contribute to increase the shared liquidity of the project.

What is MetalSwap's TVL?

MetalSwap currently has $7,006.97 in total value locked. TVL has increased 1.1% over the past 30 days.

What chains does MetalSwap operate on?

MetalSwap operates on 5 chains: BSC, Ethereum, OP Mainnet, Linea, and Polygon. Linea holds the largest share at 55.6%.

How does MetalSwap's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, MetalSwap ranks #161 by TVL. The category holds $1.903b across 371 protocols, and MetalSwap accounts for <0.1% of that total. Other leading protocols include Jupiter, Hyperliquid, and GMX.