Metavault Burns 12,012 MVX Tokens, Total Burned Supply Reaches 1.35M
Metavault Burns 12,012 MVX Tokens, Total Burned Supply Reaches 1.35M
🔥 Token Burns Keep Coming
Metavault continues its token burn momentum with another 12,012 $MVX tokens burned this week. The project has now burned a total of 1.35M tokens, representing over 33% of the initial supply.
Key points:
- Weekly buyback and burn program remains consistent
- Total burned supply: 1.35M tokens
- Over 30% of supply burned in ~1 year
- Burns funded by product revenue and partnerships
This systematic burning mechanism demonstrates Metavault's commitment to maintaining $MVX as a deflationary asset.
This week we've burned 10k $MVX tokens, bringing the total burned supply to 1.34M tokens, which is more than 33% of the total initial supply! We're accelerating on all fronts! ♏
Over the course of ~1 year, we have burned over 30% of the MVX supply. The majority of this burn came from buybacks funded by the revenue we generated through our products and partnerships. This is proof that Metavault has found PMF, and we’re doubling down in 2025 to
Metavault Expands Perpetual Trading Across Multiple Chains
Metavault has expanded its perpetual futures trading platform across multiple blockchain networks: - Now available on Kava Chain, Flare Networks, Linea, Manta Network, and Polygon zkEVM - Offers leverage trading up to 100x - Supports diverse assets including crypto, forex, indices, and commodities The platform previously launched on Polygon, BNB Chain, and other networks in Q4 2024. This expansion marks a significant step in providing cross-chain perpetual trading options. *Trading Features*: - Best execution pricing - High leverage options - Multi-asset support - Cross-chain accessibility
Metavault Revenue Surge and Token Burns - January 2024 Update
Metavault reports significant growth in early 2025: - Generated ~$300k revenue across all products in the past month - Represents 6% of total historical revenue since launch - Burned 77k MVX tokens, reaching 1.32M total burned (33% of initial supply) Key ecosystem metrics: - $4.4B trading volume - $4.5M total revenue - $45M TVL - 31% MVX supply burned ($1.25M) *This performance indicates accelerating growth compared to previous periods.*
New Quest Launched in QuickswapDEX and Manta Network Campaign
A new quest has been announced as part of the ongoing campaign between QuickswapDEX and Manta Network. This latest addition offers participants the chance to win a share of a $5,000 prize pool. Key points: - New quest available in the QuickswapDEX and Manta Network campaign - $5,000 prize pool up for grabs - Previous campaign involved swapping on Manta Pacific via QuickSwap - Earlier campaign offered 2,500 $MANTA tokens to 100 users Interested users are encouraged to check out the quest details and participate for a chance to win.
Metavault's Perp DEX Aggregator Now Live on Linea
Metavault has launched its Perpetual DEX aggregator on Linea, powered by LineDefiHub. This new feature allows users to: - Trade perpetual futures contracts - Provide liquidity on the Linea network - Earn LXP-L tokens directly through the Metavault DeFi hub The integration expands Metavault's offerings, providing users with more trading options and yield opportunities. To explore the new functionality, visit: https://metavault.trade/apps/perpv2?meta=linea This launch is part of a broader expansion of dapps on Linea, including: - CrossCurve: A cross-chain DEX by Eywa Protocol - Deri Protocol's new trading bot - OKX Explorer launch