MTLX Airdrop Details: How Mettalex Distributed Tokens in 2021
Apr, 20 2025
MTLX Airdrop Calculator
How the 2021 MTLX Airdrop Worked
From April 13 to June 1, 2021, Mettalex distributed MTLX tokens to users who held FET tokens on Binance. To qualify, you needed an average balance of at least 10,000 FET tokens across eight weekly snapshots.
For every 10,000 FET you held on average, you received 1 MTLX token. Rewards were automatically sent to your Binance account after the campaign ended.
Enter your FET balances and click "Calculate My Rewards" to see your potential MTLX tokens.
Back in 2021, Mettalex launched a series of airdrops to kickstart its decentralized commodities exchange. If you held FET tokens on Binance during that time, you might’ve received MTLX tokens for free. But if you didn’t, you missed out-because those airdrops are long over. There’s no upcoming MTLX airdrop in 2025. What happened? And why did Mettalex choose these specific campaigns? Let’s break it down.
What Was the MTLX Airdrop?
Mettalex is a decentralized exchange built on Fetch.ai’s AI-powered infrastructure. It lets users trade tokenized versions of real-world commodities like oil, wheat, and gold-without needing a broker or custodian. The MTLX token was created as the native currency for the platform, used for governance, staking, and reducing trading fees. The airdrops weren’t random giveaways. They were strategic moves to seed the platform with early users who already had skin in the game. The biggest one targeted FET token holders on Binance. Why? Because Mettalex was built on top of Fetch.ai’s technology, and FET was the natural entry point for users already familiar with the ecosystem.The Binance FET Airdrop: The Big One
From April 13 to June 1, 2021, Mettalex ran its largest airdrop through Binance. You didn’t need to sign up anywhere or complete tasks. All you had to do was hold FET. Here’s how it worked:- You needed to maintain an average balance of at least 10,000 FET tokens across eight weekly snapshots.
- Each week, Binance recorded your FET balance at a random time.
- Your average across all eight snapshots determined your reward.
- For every 10,000 FET you held on average, you got 1 MTLX token.
The CoinMarketCap Airdrop: For the Community
While the Binance airdrop targeted big holders, Mettalex also ran a smaller, community-focused campaign on CoinMarketCap. This one was free to join:- Follow @mettale on Twitter
- Join the official Telegram group: t.me/mettalex_official
- Join the news channel: t.me/mettalex_official_news
- Retweet a specific post and tag three friends
- Add MTLX to your CoinMarketCap watchlist
The Third Airdrop: ,000 in anyMTLX
On June 29, 2021, Mettalex ran another short campaign. This time, they distributed $3,000 worth of MTLX tokens to 300 users. The exact token amount varied based on price, but it was another way to keep momentum going after the big Binance drop. They called July 7, 2021-when the results were finalized-a “historic date for Mettalex.” That’s when they shifted from promotion to platform launch.Why These Airdrops Made Sense
Mettalex wasn’t trying to reach everyone. They targeted three distinct groups:- Deep-pocketed FET holders on Binance: These were users already invested in Fetch.ai’s ecosystem. They had the capital and technical know-how to use a derivatives exchange.
- Active crypto community members: The CoinMarketCap campaign built social proof and awareness.
- Early adopters who engaged after launch: The $3,000 drop kept the buzz alive.
MTLX Tokens Today: No More Airdrops
As of October 2025, there are no active MTLX airdrops. The platform is live, trading is ongoing, and the token is available on exchanges like Uniswap and Gate.io. But the initial distribution phase ended in July 2021. If you see anyone claiming to run a “new MTLX airdrop,” it’s a scam. The real Mettalex team never reopens old airdrops. They don’t DM users. They don’t ask for your seed phrase. They don’t need you to send crypto to “unlock” tokens. The MTLX token is now used for:- Voting on platform upgrades
- Earning staking rewards
- Reducing trading fees on derivatives
What You Can Learn From This
The MTLX airdrop campaign is a case study in smart token distribution:- Don’t give tokens to strangers. Give them to aligned users.
- Use exchanges to automate distribution-no extra work for users.
- Combine big-holder incentives with community engagement.
- Stop when it’s done. Don’t drag it out.
What Happened to Mettalex After the Airdrops?
After July 2021, Mettalex shifted focus from marketing to product. The platform went live with real-time trading of tokenized commodities. Users could now hedge against price swings in oil, soybeans, or copper using stablecoins like USDC. The system uses “position tokens” that represent exposure to commodity prices. If you think wheat will rise, you buy a wheat position token. If you’re a farmer, you can sell one to lock in a price. No middlemen. No paperwork. Just smart contracts. Fetch.ai’s AI continues to power the platform’s market-making bots, ensuring liquidity even during low-volume periods. That’s rare in DeFi-and it’s why Mettalex still operates today.Final Thoughts
The MTLX airdrop was never about handing out free money. It was about building a community of users who understood commodities, trusted decentralization, and were ready to trade on-chain. The people who got MTLX then weren’t lucky-they were prepared. If you missed it, you didn’t lose anything. The real value wasn’t in the tokens. It was in the infrastructure they helped fund. Today, Mettalex stands as one of the few DeFi platforms actually solving a real-world problem: bringing $2.5 trillion in commodities trading on-chain. That’s not hype. That’s history.Was there a Mettalex MTLX airdrop in 2025?
No, there was no MTLX airdrop in 2025. All official MTLX airdrops ended in July 2021. Any claims of a new airdrop are scams. Mettalex has moved past token distribution and now focuses on platform operations and user adoption.
How did the Binance FET airdrop work?
From April to June 2021, Binance took weekly snapshots of users’ FET balances. To qualify, you needed an average of at least 10,000 FET across eight snapshots. For every 10,000 FET held on average, you received 1 MTLX token. Rewards were automatically sent to your Binance account after the campaign ended.
Could anyone join the MTLX airdrop?
No. The main airdrop was only for Binance users holding FET. A smaller one on CoinMarketCap was open to anyone who completed social media tasks, but it required active participation. No one could claim MTLX without meeting specific criteria.
How many MTLX tokens were distributed in total?
The exact total isn’t public, but the Binance airdrop alone distributed tens of millions of MTLX tokens to thousands of FET holders. The CoinMarketCap campaign gave out 700 MTLX, and a later campaign distributed $3,000 worth of MTLX to 300 users. The total likely exceeded 50 million MTLX tokens.
Is MTLX still tradable today?
Yes. MTLX is still actively traded on decentralized exchanges like Uniswap and centralized exchanges like Gate.io. It’s used for governance, staking, and fee discounts on the Mettalex platform. But you can no longer earn it for free through airdrops.
bob marley
November 1, 2025 AT 09:35Oh wow, another ‘I missed the boat’ post. Congrats, you didn’t hold 10k FET when it was $1.50. Shocking. The real tragedy is you think this is some deep insight instead of just basic DeFi 101. People who didn’t do their homework get mad when the market doesn’t hand them free money. Grow up.
Also, ‘no airdrops in 2025’? Newsflash: no one’s running airdrops for tokens that launched in 2021. You think Mettalex is gonna give away tokens like candy after they’ve already built the platform? That’s not strategy, that’s delusion.
And yes, if you’re DM’d about an ‘MTLX airdrop’ - block it. Immediately. You’re not special. You’re a target.
Still waiting for the day people stop treating crypto airdrops like lottery tickets instead of strategic ecosystem seeding. Pathetic.
Jeremy Jaramillo
November 1, 2025 AT 23:13It’s easy to look back and say ‘I should’ve held more FET,’ but the real takeaway here is how thoughtful Mettalex’s distribution was. They didn’t spam random wallets. They didn’t incentivize bots. They targeted people who already understood the tech stack - Fetch.ai, DeFi, commodities. That’s rare.
Most projects throw tokens at anyone who clicks a button. Mettalex gave tokens to people who were already invested in the ecosystem. That’s why the platform still works today. It’s not about the free tokens - it’s about the users who stayed.
If you’re building something, this is the model. Quality over quantity. Alignment over volume.
naveen kumar
November 3, 2025 AT 11:46Let’s be honest - the entire narrative is manufactured. Binance doesn’t randomly snapshot wallets. They’re a centralized exchange with full control over the data. The ‘average balance’ metric? Easily manipulated. Who’s to say they didn’t exclude small holders on purpose? Or inflate FET prices before snapshots?
And the CoinMarketCap campaign? A distraction. 700 tokens for social media tasks? That’s not community building - it’s engagement theater. They needed optics to pretend they were ‘inclusive.’
Also, ‘no airdrops in 2025’ - sure. But why hasn’t Mettalex released the full tokenomics? Where are the 50 million tokens? Who holds the majority? The lack of transparency speaks louder than any ‘smart distribution’ claim.
Bruce Bynum
November 5, 2025 AT 02:23Big takeaway: don’t wait for free stuff. Build something useful instead.
People get so hung up on airdrops like they’re the end goal. But Mettalex didn’t win because of free tokens. They won because they solved a real problem - bringing commodities on-chain. That’s the real prize.
If you missed the airdrop, fine. But if you’re still waiting for the next one, you’re not in crypto. You’re in a casino.
Go trade. Go learn. Go build. Don’t just scroll.
Wesley Grimm
November 6, 2025 AT 02:35Let’s not romanticize this. The Binance airdrop was a wealth transfer from small holders to whales. 10,000 FET at $1.50 = $15,000. That’s not an ‘entry point’ - that’s a gate for the top 0.1%.
The CoinMarketCap campaign? A PR stunt. 700 tokens to 300 people? That’s less than $50 total per winner at today’s prices. A distraction for the masses.
The real story? Mettalex raised $12M in private rounds before the airdrop. The ‘community’ tokens were a footnote. The real value went to VCs. The airdrop was just window dressing for a centralized rollout.
Don’t call it smart. Call it clever manipulation.
Kymberley Sant
November 7, 2025 AT 13:38ok so like i totally missed the mtlx airdrop but like… why was it even a thing? i thought airdrops were for new projects to get attention? but mettalex was already built? like why give tokens to people who already had fet? that’s just like… giving money to your rich friends?
also the coinmarketcap one? i did all the tasks and didn’t win. feels bad man. but also… 2.33 mtlx? what even is that now? like $0.02? lol
and now they say no more? but i saw a tweet from ‘mettalex_official’ saying ‘new airdrop coming’ and i sent them 0.05 eth to ‘unlock’ it… oops?
Edgerton Trowbridge
November 8, 2025 AT 18:35The Mettalex airdrop strategy represents a textbook example of targeted token distribution within the decentralized finance ecosystem. By leveraging existing institutional infrastructure - namely Binance - and aligning incentives with users already embedded within the Fetch.ai ecosystem, the project achieved a high signal-to-noise ratio in user acquisition.
Moreover, the sequential deployment of three distinct campaigns - institutional, community-driven, and momentum-based - demonstrates a sophisticated understanding of behavioral economics and network effects. The elimination of user friction - automatic distribution via exchange wallets - further enhanced compliance and adoption.
It is noteworthy that the cessation of airdrops coincided with the operational launch of the platform, indicating a clear transition from growth phase to sustainability phase. This disciplined approach stands in stark contrast to the speculative token dumps observed in the broader DeFi space.
For emerging protocols, this case study underscores the importance of alignment, timing, and restraint in tokenomics design.
Matthew Affrunti
November 9, 2025 AT 11:58I didn’t get any MTLX but honestly? I’m fine with it. I was just getting into crypto in 2021 and didn’t even know what FET was.
But reading this made me realize something - the people who got it were the ones who were already deep in the space. Not the ones chasing free money. That’s the real win.
Now I just buy MTLX on Uniswap and stake it. No drama. No FOMO. Just using the platform.
Also, if someone DMs you about a ‘new airdrop’ - don’t even reply. Just report and move on. It’s not worth your time.
mark Hayes
November 11, 2025 AT 02:40man i just remember seeing all these people on twitter flexing their mtlx balances like it was a trophy 🤡
but honestly? i think the real flex was the fact that mettalex actually shipped something. most projects airdrop, then vanish. they kept going.
and now i see people trading real oil and wheat on-chain? wild.
also if you got scammed by a ‘2025 airdrop’ - you’re not dumb, you’re just tired. crypto’s a mess. but the platform? still alive. that’s more than i can say for half the projects from 2021.
stay safe out there 🤝
Derek Hardman
November 12, 2025 AT 02:32The strategic segmentation of the airdrop campaigns reflects a mature understanding of user segmentation in blockchain ecosystems. The Binance FET holders represented high-signal, high-capital users; the CoinMarketCap participants, low-barrier, high-engagement users; and the $3,000 campaign, a final engagement nudge.
This multi-phase approach ensured that the token distribution did not dilute the value proposition for early adopters while still fostering grassroots adoption. The absence of manual claiming procedures minimized operational overhead and reduced the risk of front-running or bot manipulation.
Furthermore, the cessation of airdrops upon platform launch signals a commitment to long-term utility over speculative hype. This is not merely a token launch - it is the foundation of a real-world asset trading infrastructure.
For institutional observers, this remains one of the most coherent token distribution models in DeFi history.
Eliane Karp Toledo
November 12, 2025 AT 07:42Wait - so you’re telling me the ‘random snapshots’ on Binance weren’t random? What if they only took snapshots during market dips? What if they excluded wallets that moved FET to cold storage? What if the ‘average’ was rigged to favor certain addresses?
And why did they pick FET? Fetch.ai’s CEO used to work for a defense contractor. Coincidence? Or was this a backdoor to get AI-powered commodity trading into the hands of the right people?
Also - why is there no public blockchain address for the airdrop distribution? No Etherscan link? No token trace? That’s not transparency. That’s secrecy.
And don’t tell me it’s ‘not a scam’ - if they don’t show the full supply, they’re hiding something. Always.
Phyllis Nordquist
November 13, 2025 AT 17:49It is imperative to recognize that the Mettalex airdrop protocol adhered to the highest standards of decentralized governance design. The use of exchange-based snapshots eliminated the need for off-chain attestations, thereby preserving the integrity of on-chain verification. The threshold requirement of 10,000 FET ensured that recipients possessed sufficient economic stake to contribute meaningfully to platform governance.
Furthermore, the exclusion of centralized claiming mechanisms mitigated gas fee exploitation and Sybil attack vectors. The CoinMarketCap campaign, while modest in scale, served as a critical bridge to non-custodial users, thereby enhancing network decentralization.
As of October 2025, the continued operation of the platform without further airdrops signifies a successful transition from incentive-driven adoption to utility-driven engagement. This is not merely a token distribution - it is a model for sustainable protocol maturation.
Eric Redman
November 15, 2025 AT 00:13bro i just saw a guy on reddit saying he got 20k mtlx and now he’s rich. i was like ‘wait, was there a 2025 airdrop?’
then i found out he paid 0.5 eth to ‘unlock’ it. i almost sent him money.
then i saw the same post on 5 different subs. same pic. same text. same scam.
why do people still fall for this? it’s 2025. we’ve been scammed 1000 times. why do we still click?
also mettalex is still alive? i thought they died after 2022. lol.
anyway. i’m just here for the memes now. send help.
Jason Coe
November 15, 2025 AT 04:14Look, I didn’t get MTLX either. But honestly? I’m glad I didn’t. I would’ve just sold it the second it hit my wallet. I don’t even know what a position token is. I just wanted free crypto.
But reading this - it made me realize something. The people who got MTLX? They didn’t get it because they were lucky. They got it because they were already paying attention. They were reading the docs. They knew what Fetch.ai was. They weren’t just chasing airdrops - they were building something.
Now I’m actually trying to learn how this platform works. Not to get rich. Just to understand. Maybe I’ll buy a little MTLX. Maybe I’ll stake it. Maybe I’ll use it to hedge soybean prices. Who knows?
But I’m not waiting for another free token. I’m waiting to get smarter.
And if you’re still chasing airdrops? You’re not behind. You’re just not ready yet.