DEXes · Review
ActiveMetal X Dex Review 2026: XPR Network DEX Explained
Metal X is a decentralized exchange on XPR Network (listed on DefiLlama as chain proton) aimed at more advanced traders. DefiLlama shows about $5.1 million in TVL, but audits and fee details are not documented publicly.
By the DappsAtlas editorial team · Updated
DappsAtlas score
—/10
Not rated
Our verdict on MetalX Dex
Metal X Dex suits users already in the XPR Network ecosystem who want swaps, pools, farming and bridging in one place. Its main strength is that breadth of tools on a single chain, with about $5.1 million in TVL per DefiLlama. The main caveat is the lack of published information: no audits are listed, and fees and team details are not public. Treat it as higher risk and start small.
Score breakdown
How MetalX Dex scores
- Security
- n/a
- Ease of use
- n/a
- Fees
- n/a
- Features
- 6.5/10
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is MetalX Dex?
Metal X Dex is a decentralized exchange on XPR Network, which DefiLlama lists under the chain slug proton. DefiLlama describes it simply as a DEX on XPR Network and has tracked it since March 2023.
The homepage positions Metal X as a platform for advanced traders, listing trading tools, swaps, farming, liquidity pools, bridges and fiat integration. The project does not go further than that high-level list.
DefiLlama currently shows about $5.1 million in TVL, up about 8.2% over seven days. That is a modest figure compared with large multichain DEXs, but sizeable within a single smaller ecosystem.
How MetalX Dex works
Metal X is a decentralized exchange, so trades are made from a user's own wallet rather than through a custodial account. Users swap one token for another against liquidity pools that other users fund.
Liquidity providers deposit pairs of tokens into pools and earn a share of trading activity in return. The homepage also mentions farming, which usually adds extra rewards for providing liquidity, although specific terms are not public.
The platform runs on XPR Network, listed on DefiLlama as proton. The homepage also references bridges and fiat integration as ways to bring assets in.
6 features
Key features
01
Advanced trading tools
Metal X offers trading tools for digital assets, aimed at traders who want more than a basic swap screen, according to its homepage description.
02
Token swaps
The homepage lists swaps among its core functions, letting users exchange assets directly from their wallets on XPR Network.
03
Liquidity pools
Users can supply assets to liquidity pools, which supply the trading liquidity for swaps.
04
Farming
The homepage mentions dynamic farming, which typically means earning rewards for providing liquidity. Specific reward terms are not public.
05
Bridges
Bridges are listed on the homepage as a way to move assets in from other networks. Supported routes are not specified publicly.
06
Fiat integration
The homepage references fiat integration for getting into digital assets. Details are not published publicly.
Pros and cons
What we like
- Covers swaps, liquidity pools, farming, bridges and fiat integration in one app, per its homepage.
- Operates natively on XPR Network, serving users of that ecosystem.
- DefiLlama shows about $5.1 million in TVL, with a 7-day increase of 8.2%.
- Tracked on DefiLlama since March 2023, giving it a multi-year presence.
- No token is listed, so there is no obvious native-token dependency in the data.
Watch out for
- No audits are listed on DefiLlama, so smart-contract risk is not independently documented publicly.
- Liquidity and activity are tied to a single chain, XPR Network, which limits reach and depth compared with multichain DEXs.
- Fee schedule, token incentives and team details are not published publicly reviewed.
- No native token is listed on DefiLlama, so the incentive and governance model is unclear.
- TVL of about $5.1 million is modest, so large trades may face slippage on thinner pairs.
MetalX Dex fees
Fee details are not published publicly reviewed. DefiLlama gives no fee or revenue figures for Metal X Dex, and its homepage does not list a fee schedule.
Expect the usual DEX cost structure: a trading fee on each swap, which typically goes to liquidity providers, plus network costs on XPR Network. Check the swap and pool screens in the app for the exact fees before you confirm a trade or add liquidity.
Is MetalX Dex safe?
DefiLlama lists no audits for Metal X Dex, and the project does not document custody design, contract reviews or past incidents. Like any DEX, it carries smart-contract risk, and liquidity providers face impermanent loss. Bridges add further risk, since bridged assets depend on additional contracts or operators.
Public sources say nothing about the team or regulatory status. Use only funds you can afford to lose, verify the official site address yourself, and check that using DeFi platforms is legal in your jurisdiction.
6 steps
How to get started with MetalX Dex
- 1
Confirm that using a decentralized exchange is allowed where you live.
- 2
Set up a wallet compatible with XPR Network.
- 3
Fund the wallet with XPR or other assets supported on the chain, or use the bridge or fiat options in the app if available.
- 4
Open the Metal X app and connect your wallet.
- 5
Start with a small swap and review the displayed fees and price impact before confirming.
- 6
Read the pool terms carefully before adding liquidity or farming.
Who MetalX Dex is for
Metal X is for traders and liquidity providers who use XPR Network and want a native DEX with farming and bridging options. It is less suited to users who need multichain access or documented audits before depositing funds.
MetalX Dex FAQs
What is Metal X Dex?
Metal X is a decentralized exchange on XPR Network. Its homepage describes advanced trading tools, swaps, farming, liquidity pools, bridges and fiat integration.
Which blockchain does Metal X run on?
DefiLlama lists Metal X Dex on the proton chain, which is XPR Network. No other chains are listed publicly.
How much TVL does Metal X have?
DefiLlama shows about $5.1 million in TVL, up roughly 8.2% over seven days. These figures change constantly, so check the live data before relying on them.
Is Metal X audited?
DefiLlama lists no audits for Metal X Dex, and the project does not mention any. Treat it as unaudited and only risk what you can afford to lose.
Does Metal X have its own token?
The project does not name a Metal X token. DefiLlama shows token as none. Check the official app for any rewards or farming incentives.
Can I buy crypto with fiat on Metal X?
The homepage meta description mentions fiat integration, but public sources give no details on providers, supported currencies or fees. Check the app for current options.
Compare
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How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.