Davis Index to launch decentralized exchange contracts for ferrous scrap

U.K.-based Mettalex launched its blockchain-agnostic exchange that is available on Ethereum and Binance Smart Chain in February. The exchange incorporates Fetch.ai technology and enables traders to take leveraged long or short positions against a number of commodities, including lithium carbonate, steel recyclables, zinc, iron ore, natural gas and spreads Bitcoin/Gold and sCEX/sDEFI (synthetic assets that represent the price performance of a basket of leading tokens in the centralized exchange space and the decentralized finance space, respectively.

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