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View ChartMetavault Trade (MVX) is the governance and utility token of Metavault.Trade, a decentralized exchange (DEX) built on the Polygon Network. Launched in May 2022, Metavault.Trade is designed to offer a broad range of trading features with deep liquidity on major crypto assets. The platform operates as a non-custodial exchange supporting both spot trading—including swaps and limit orders—and perpetual futures trading with leverage on long and short positions (up to 30x per the CoinMarketCap description; blocmates describes leverage of up to 50x). Its core technological innovation is a multi-asset pool that provides shared liquidity across all supported assets, making the platform appear to have near-infinite liquidity at a fixed price without relying on an order book. Pricing is determined by aggregating Chainlink oracles and Time-Weighted Average Price (TWAP) data from major DEXes and centralized exchanges. The MVX token has a maximum supply of 10,000,000, with minting beyond that cap controlled by a 28-day timelock (per project materials); the CoinMarketCap registry entry does not list a fixed maximum supply. The platform was noted as being in its private beta phase at the time of the April 2023 blocmates description.
Metavault.Trade was founded by an anonymous team and launched in May 2022. The project is built by the team behind Metavault DAO, which supports an ecosystem of blockchain and technology projects. Metavault DAO itself was founded in 2021 by a team of developers and entrepreneurs with a background in decentralized finance and blockchain technology. While the founding organization and its general background are known, the individual identities of the team members behind Metavault.Trade remain undisclosed. The codebase is a clean, friendly fork of GMX and was audited by ABDK Consulting and additionally by Techrate. An independent audit was reported as close to finalization at the time of the September 2022 announcement.
Metavault.Trade operates as a non-custodial decentralized exchange on Polygon, meaning users retain control of their funds at all times without needing to share personal data. The platform supports two primary trading modes: spot trading with swaps and limit orders, and perpetual futures trading with leverage on long and short positions (up to 30x per the CoinMarketCap description; blocmates describes leverage of up to 50x). At the heart of the system is a multi-asset pool that enables shared liquidity across all supported assets—BTC, ETH, MATIC, LINK, UNI, AAVE, USDC, DAI, and USDT. This design removes the need for a traditional order book and allows the platform to present what appears to be infinite liquidity at a fixed price. Asset pricing is determined by aggregating Chainlink oracle feeds with Time-Weighted Average Price data from major DEXes and centralized exchanges. This oracle-based pricing mechanism is specifically designed to reduce the risk of liquidation from temporary price wicks, often referred to as "scam wicks," which can occur when whales manipulate order books on a single exchange to liquidate other traders. The platform's reliance on Chainlink oracles also determines which new assets can be listed.
Metavault.Trade distinguishes itself from other decentralized exchanges through several design choices. Its multi-asset pool creates shared liquidity across all supported assets, which the platform states results in very low transaction fees and no price impact even for large order sizes. The oracle-based pricing mechanism, which aggregates Chainlink feeds and TWAP data, is designed to protect traders from liquidation events caused by sudden price manipulation on individual exchanges. The platform also offers an all-in-one trading experience, combining both spot and leverage trading in a single interface. According to CoinMarketCap's description, Metavault Trade leverages artificial intelligence agents to streamline and optimize the trading process, ensuring transactions are efficient and transparent. Additionally, the project's codebase is a friendly fork of GMX, a well-established decentralized exchange, which provides a foundation of proven technology. The platform's positioning emphasizes user control over funds and data privacy, appealing to traders who prioritize self-custody and anonymity. The platform's advantages include protocol-owned liquidity.
The MVX token serves multiple functions within the Metavault.Trade ecosystem. As a governance and utility token, MVX entitles holders to a portion of the earnings accrued by the exchange through user activity. Token holders can stake their MVX to help increase the platform's liquidity and share in the fees collected by the platform, paid in MATIC. The platform obtains revenues from various sources and uses them to purchase MVX on the open market (buybacks).
The Metavault Trade ecosystem is closely tied to Metavault DAO, the organization behind the project that supports a broader range of blockchain and technology initiatives. MVX is the governance and utility token of Metavault.Trade, built on Polygon by the team behind Metavault DAO. The platform's codebase originates as a friendly fork of GMX, connecting it to a wider DeFi lineage, and it relies on Chainlink for the price feeds that power its oracle-based pricing mechanism. The exchange supports trading for six large-cap crypto assets—BTC, ETH, MATIC, LINK, UNI, and AAVE—alongside three stablecoins: USDC, DAI, and USDT. The platform was noted as being in its private beta phase at the time of the April 2023 blocmates description, indicating an ongoing development phase.
MVX is not a mineable cryptocurrency in the traditional proof-of-work sense. Instead, tokens are earned through staking and platform participation. Users can stake MVX tokens to help increase the platform's liquidity and share in the fees collected by the platform, paid in MATIC. The platform obtains revenues from various sources and uses them to purchase MVX on the open market (buybacks).
As a Polygon-based token, MVX can be stored in wallets that support the Polygon Network. Since Metavault.Trade is a non-custodial platform, users are responsible for the security of their own funds. Best practices include using a hardware wallet for long-term storage, never sharing private keys or seed phrases with anyone, and verifying contract addresses before interacting with any token or platform. Because the project was founded by an anonymous team, investors should conduct thorough due diligence and be aware of the additional risks associated with anonymous development teams. The codebase is a friendly fork of GMX and was audited by ABDK Consulting and additionally by Techrate; an independent audit was reported as close to finalization at the time of the September 2022 announcement. A CertiK score of 3.1 out of 5 is listed on CoinMarketCap. Users should also be cautious of phishing attempts and only interact with official links provided on the project's verified channels. Keeping software wallets and any connected applications up to date adds an additional layer of protection.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for MVX are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Metavault Trade (MVX) is CA$0.031004. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated MVX to USD rate at the top of BTCC’s price page. In terms of market scope, Metavault Trade records a 24h trading volume of CA$0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of CA$46.53153K. Its current circulating supply stands at -- out of a maximum supply cap of ∞.
The price volatility of Metavault Trade (MVX) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (--) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Metavault Trade (MVX) hit an all-time high (ATH) of CA$6.336214 on 2022-10-27 07:40, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at -- on 2022-08-17 09:45. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading MVX futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (CA$0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s MVXUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Metavault Trade, simply log into your BTCC account with USDT margin available, navigate to the MVXUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for MVXUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: CA$0.031004), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for MVXUSDT with zero financial risk.
Trading Metavault Trade (MVX) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for MVXUSDT, and review its live price (CA$0.031004) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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