Metavault.Trade — a decentralized spot and perpetual exchange with low swap fees and zero impact on trade prices. Trading is supported by a pool of multiple assets, which is backed by liquidity providers. Liquidity providers are rewarded for fees, market creation, rebalancing and trading. MVX uses Chainlink oracles for dynamic pricing.
Metavault.Trade — an advanced decentralized exchange that does not require registration. To start trading on Metavault.Trade, you only need a Web3 wallet. Users can take either a long or short position. A long position makes a profit if the price rises, and a short position makes a profit if the price falls.
After selecting “Long” or “Short”, enter the payment amount (the amount you want to exchange) and use the slider to set the leverage. The list of open positions can be viewed by clicking on "Positions". Click "Edit" to manage your leverage and liquidation price by depositing or withdrawing margin. The position can be closed by clicking "Close". Long positions are paid in the underlying asset, while short positions are paid in the stablecoin.
Users can create an MVLP using any index asset. The mint or redemption price is the aggregate value of the indexed assets/offer of the MVLP. MVLP holders earn esMVX. Because MVLP holders provide the liquidity required for leveraged trading, they profit when Metavault.Trade leveraged traders make losing trades. Adding or removing liquidity to an MVLP incurs a fee that is proportional to the benefit of doing so.