The Vision for Mettalex

By Humayun Sheikh

CEO Mettalex & Fetch.ai, Chairman Super Intelligence Alliance

We believe the next generation of finance will not be defined by institutions or even protocols, but by autonomous agents acting on behalf of users.

In this Vision Paper, we outline the principles, motivations, and architecture behind the next evolution of Mettalex. Our journey from a Liquidity Pool (LP)-based commodity trading platform to a peer-to-peer, agent-based order book decentralized exchange (DEX) was not just a pivot; it was a redefinition of what decentralized finance can become.

DeFi has achieved remarkable progress, yet it continues to struggle with fundamental inefficiencies like slippage, front-running, fragmented liquidity, and dependence on centralized bridges. This is precisely the challenge Mettalex is solving.

Rather than relying on liquidity pools, we are developing autonomous agents that act entirely on your behalf, residing in your wallet, negotiating trades, matching orders across chains, and eliminating slippage, all without exposure to pooled risks. These agents operate trustlessly and efficiently, and most importantly, they remain fully under your control.

What we are building is not just another decentralized exchange (DEX). We are building agentic finance.

Mettalex is the only DEX where:

• You own your trading agent. It lives in your wallet, under your private key, and acts only on your instructions.

• Trades happen directly, peer-to-peer, across chains, without any intermediaries.

• You can trade any tokenized asset.

At Mettalex, our focus is not on chasing liquidity or following trends. That approach does not align with our core principles. Our commitment is to deliver real utility by building a platform that people can use and rely on meaningfully.

Trade Anything From Commodities to Derivatives

At Mettalex, our goal is simple: anything of value should be tradable. We do not just mean cryptocurrencies and stablecoins, but also tokenized commodities, real-world assets (RWAs), energy contracts, meme tokens, and even AI models.

We are now expanding into options, futures, and structured financial products, all of which are traded directly on-chain. This unlocks a fully permissionless trading experience where anyone can create and participate in derivative markets, whether they are an individual trader, a DAO, or an enterprise.

AI Agents That Work for You

Most trading platforms still require users to do all the work, including tracking markets, placing orders, bridging assets, and staying online constantly. Mettalex changes that completely by focusing on autonomy.

By placing a single trade, users deploy a personal trading agent, an intelligent, customizable entity that acts on their behalf. These agents continuously scan for counterparties, negotiate trades, execute swaps across multiple chains, and perform all tasks without slippage or human intervention.

These agents are evolving fast. Shortly, they’ll be able to:

• Automate portfolio strategies

• Hedge based on live market conditions

• React to real-world events

• Coordinate across DeFi protocols

• Use AI and machine learning to predict premiums and optimize trades

• Integrate with prediction markets

• Create your own options and financial instruments

These agents are the foundation of what we call DeFAI: Decentralized Finance + AI.

In this new paradigm, your agent replaces centralized intermediaries, executes your strategy, and learns from markets, all while keeping you in full control.

A Protocol You Can Truly Own

We reward our users with trading incentives, governance rights, and opportunities to contribute directly to Mettalex’s growth. We are building this platform with the long term in mind, without shortcuts.

It’s about true community control. Your participation through trades and agent deployments earns you governance rights and staking rewards, further deepening your role in the Mettalex ecosystem.

Mettalex will stay community-owned, permissionless, and scalable.

Looking Ahead

This vision is more than a roadmap; it’s happening now.

Our agents are already at work. Peer-to-peer, cross-chain trading is live, and we will soon expand to include tokenized real-world assets, options, and futures.

Here’s where we are going: a platform where you can trade anything with an agent working for you on a protocol you govern.

“We’re not just DeFi. We’re DeFAI.”

Agentic. Autonomous. On your terms.