Newipo, a MIP-3 market: 21 stock, commodity and FX perpetuals

Derivatives,
on first principles.

Perpetuals on crypto, US stocks, A‑shares, commodities and FX, matched and settled on MetaFlux's own L1. The testnet is open.

Trade everything in one place

BTC, Apple, Moutai, gold and the euro, from one account.

Trade
The MetaFlux trading app on testnet: the BTC-USDC perpetual with its chart, order book, order ticket and an account with open positions.

The trading app on testnet. Sample account and market figures, for illustration.

Markets

28 perpetual markets

Seven native crypto markets, and 21 US stock, A-share, commodity and FX markets on ipo, a MIP-3 market deployed on MetaFlux. A-shares follow the Shanghai and Shenzhen calendar. Prices come from the testnet as they change.

MarketPrice24hMax leverageClass
Prices load from the testnet.
Apps
Deploy a market · MIP-3

List your own markets on MetaFlux.

Under MIP-3, any team can deploy perpetual markets with its own oracle and leverage caps. The deployer posts a bond in MTF and runs the price feed. MetaFlux runs matching, margin and settlement, and the markets trade from the same accounts as every other market.

ipo is a MIP-3 market deployed this way. It lists US stocks, A-shares, gold, oil, the euro and the pound.

  1. 01

    MetaFlux is a derivatives exchange built as its own blockchain. The order book, the margin engine and settlement are one system.

  2. 02

    Every order, cancel, fill and liquidation is a transaction that the validators agree on. Anyone can check it.

  3. 03

    A trade is final in the block that prints it. There is no settlement queue behind the exchange.

  4. 04

    One account trades every market, and cross positions share one balance.

Security

MetaFlux is secured by MetaFluxBFT, a proof-of-stake consensus built for low latency.

A block commits when validators holding more than two thirds of the stake sign it. The testnet runs five validators.

Matching, clearing and the EVM run inside the same consensus rounds. Every order, cancel, trade and liquidation happens on chain, with one-block finality.

MetaFlux is non-custodial. Orders are signed with EIP-712 by the account or by an agent wallet the account approves, and an agent wallet can never withdraw.

MTF Points

Trade the testnet. Earn points every week.

Each week shares 1,000,000 points by qualifying volume, counted from genesis. Up to 100,000,000 MTF across four seasons, claimable at the TGE.

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Check your points
Weeks close Wednesday 00:00 UTC. TGE target 1 March 2027.
Updates
FAQ
What is MetaFlux?

MetaFlux is a layer-1 blockchain built for derivatives. It runs perpetual futures and spot markets on order books that the validators match inside consensus, and it has its own EVM.

What can I trade?

Perpetuals on BTC, ETH, SOL and other crypto, and on ipo, a MIP-3 market, US stocks, A-shares, gold, oil and FX. A-shares follow the Shanghai and Shenzhen trading calendar.

Can I trade on MetaFlux today?

Yes, on testnet. It is open to everyone. Get testnet USDC from the faucet and trade. Mainnet follows the audits.

What are MTF Points?

Points for testnet trading volume, counted each week from genesis. They convert to MTF at the TGE, targeted for 1 March 2027. The formula is public on the points page.

What is MTF?

MTF is the native token of MetaFlux, with a fixed supply of 1,000,000,000.