Metavault Review: What You Should Know Before Using It
Metavault Trade is described as a Polygon exchange for spot swaps and perpetuals, but its current status, fees and safety record are unclear. Confirm the app and contracts before connecting a wallet.
By the SkyBitcoins review team · Updated
At a glance
Metavault key facts
| Type | Decentralised spot and perpetuals exchange |
|---|---|
| Chain | Polygon |
| Token | MVX |
| Custody | Described as non-custodial |
| Updated |
Metavault FAQs
What is Metavault?
Metavault Trade is described as a decentralised exchange on Polygon for spot trading and perpetual contracts. Some search results refer to Metavault DAO or other projects, so verify that you have the right product before interacting with it.
What can you trade on Metavault, and what does it cost?
Metavault Trade is described as supporting spot and perpetual trading on Polygon. Specific trading fees, funding costs and other charges are not clear, so check the current terms in the app before trading.
Is Metavault safe to use?
It is described as non-custodial, but that alone does not establish that its contracts or interface are safe. A published audit, licence and current operating status are not established; one listing describes the team as anonymous.
Compare
Metavault alternatives
Hyperliquid offers non-custodial spot and perpetual trading on its own L1, but fees and leverage risks merit a careful check.
Derive offers Ethereum options and perps with self-custody, but confirm its fees, collateral rules and access terms before trading.
Volmex offers crypto volatility indices and API data, while linked derivatives trade on outside venues with separate fees and risks.
Grvt offers multi-asset perpetuals, spot trading and yield features, but verify fees, custody and account rules before funding.
GMX offers wallet-based spot and perpetual trading on Arbitrum and Avalanche, but variable costs and smart-contract risks call for care.
gTrade offers wallet-based perpetuals across crypto and traditional markets, but high leverage and incomplete fee details call for caution.
Same category
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Orderly powers branded perpetual DEXs, but each app sets its own fees and experience, so check the specific platform before trading.
Orderly supplies shared infrastructure for branded perp DEXs, but compare each venue’s fees, risks and network support before trading.
Contango V2 automates leveraged DeFi looping, but check borrowing costs, liquidation conditions and contract risks before opening a position.
MUX Perps aggregates leveraged crypto trading across five chains, but check live costs, liquidation rules and contract risks before trading.
Ostium offers leveraged Arbitrum perpetuals across FX, commodities, equities and crypto, but check its fees, audits and local availability first.
dYdX offers decentralized crypto perpetuals on dYdX Chain, but verify current fees, wallet requirements and trading risks before funding.
Same chain
More on Polygon
Aave V3 offers non-custodial lending and collateralised borrowing, but rates vary and deposits remain exposed to DeFi and liquidation risks.
Uniswap offers wallet-based swaps and liquidity pools across 15+ networks, but pool fees, gas and self-custody risks still matter.
Compound V3 offers variable-rate crypto lending across several networks, but market terms and liquidation risks require close checking.
Uniswap V2 enables wallet-based swaps and liquidity provision, but check the pool, network, gas and token risks before you trade.
Uniswap V3 offers wallet-based token swaps and concentrated liquidity, but check pool fees, gas, execution risks and price-range exposure.
Uniswap v4 offers multichain swaps and customizable pools, but check each pool’s fees, hook behavior and risks before trading.
How we checked
Sources
No public sources were recorded for this page.
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