Metavault Trade

Overview

Metavault Trade (MVX) is a decentralized perpetual trading platform on the Ethereum blockchain that aims to provide decentralized derivatives trading. The MVX token serves as the platform's native token for governance and revenue sharing.

Purpose and Utility

The primary purpose of MVX is to facilitate decentralized perpetual futures trading and serve as a governance token for the Metavault Trade platform. Token holders can participate in governance decisions and receive a share of the platform's trading fees.

Business Model

The platform generates revenue through trading fees from perpetual futures contracts. The business model primarily revolves around leveraged trading and derivatives, which are forms of financial contracts that derive their value from underlying assets.

Real-World Adoption

The platform has active users engaging in perpetual futures trading, though specific usage metrics are limited. The project maintains ongoing development and regular updates to its trading platform.

Token Distribution

The token distribution includes allocations for the team, development, and community. The project implements vesting schedules for team tokens to align long-term incentives.