MTLX Airdrop Calculator
Binance FET Airdrop
Earn 1 MTLX for every 10,000 FET held on average across 8 weekly snapshots.
CoinMarketCap Airdrop
Complete 5 social tasks to earn up to 2.33 MTLX.
anyMTLX $3,000 Giveaway
Hold at least 0.01 MTLX to qualify for a random distribution.
Calculation Results
Enter values above to calculate potential rewards.
Ever wondered what happened with the MTLX airdrop and why it still matters in 2025? Between April and July 2021, Mettalex rolled out three distinct token‑distribution campaigns that targeted very different audiences - from heavyweight FET holders on Binance to everyday crypto fans on CoinMarketCap. This guide breaks down each airdrop, shows you how the rewards were calculated, and explains the lasting impact on the Mettalex ecosystem.
Quick Overview
- Three airdrop phases: BinanceFET holder (Apr‑Jun2021), CoinMarketCap community (Jun2021), and anyMTLX $3,000 giveaway (Jul2021).
- Eligibility ranged from holding 10,000FET on average to completing five social‑media tasks.
- Total tokens distributed: unlimited for Binance, 700MTLX across 300 winners for CMC, and $3,000 worth of anyMTLX for the July giveaway.
- All campaigns used Ethereum‑based smart contracts; rewards were auto‑sent to Binance wallets or manual claims via Telegram.
- Each airdrop helped Mettalex seed its governance token, attract liquidity, and showcase its commodity‑derivatives DEX.
What Is Mettalex and the MTLX Token?
Mettalex is a decentralized derivatives exchange built on top of Fetch.ai’s machine‑learning network. It tokenises commodity markets, letting users trade spot and derivative exposure to assets like gold, oil, and agricultural products 24/7.
The platform’s native utility token, MTLX, powers governance, offers staking rewards, and reduces trading fees for liquidity providers.
Because Mettalex needed a ready‑made community, it partnered with Fetch.ai, the AI‑driven blockchain that supplies the underlying token‑economics and smart‑contract infrastructure.
Binance FET‑Holder Airdrop - The Heavyweight Campaign
The first wave targeted holders of the FET token, the native asset of Fetch.ai, on the Binance exchange. The campaign ran from 13April202123:59UTC to 1June202123:59UTC and required participants to meet eight weekly snapshots.
Eligibility rule: maintain an average balance of at least 10,000FET across the eight snapshots. For every 10,000FET held on average, a user earned 1MTLX. Snapshots were taken every Sunday at 00:00UTC; Binance calculated the average automatically.
Rewards were distributed directly to each eligible Binance account on 2June2021. The airdrop operated on Ethereum, meaning the MTLX tokens landed in users’ ERC‑20 wallets linked to their Binance profiles.
Because the threshold was high, the campaign mainly attracted serious investors with sizable crypto portfolios. Rough estimates suggest that a few thousand wallets qualified, delivering a substantial initial distribution of MTLX to a financially‑savvy audience.
CoinMarketCap Community Airdrop - The Social‑Media Push
To broaden reach, Mettalex launched a second airdrop on CoinMarketCap in June2021. This time the goal was pure community engagement. The giveaway allocated 700MTLX to 300 winners, capping individual rewards at 2.33MTLX.
Participants needed to complete five tasks:
- Follow Mettalex on Twitter.
- Join the official Telegram group (t.me/mettalex_official).
- Join the official news Telegram channel (t.me/mettalex_official_news).
- Retweet the designated CMC announcement tweet while tagging three friends.
- Add MTLX to the personal watchlist on CoinMarketCap.
All tasks were verified manually by the Mettalex team. Winners were announced on the project's Twitter feed on 15June2021.
This airdrop required no financial commitment, making it accessible to casual crypto enthusiasts and those just discovering DeFi.
anyMTLX ,000 Giveaway - The “Historic Date” Promotion
The third distribution, announced on 7July2021, was a cash‑value giveaway: $3,000 worth of anyMTLX token distributed to 300 users. The campaign ran from 29June to 6July2021. Participants were entered via a simple form that collected their wallet address and verified they held at least a minimal amount of MTLX (0.01MTLX).
Unlike the previous two airdrops, this round was not linked to a specific platform; it was purely a community‑building stunt. Winners received a random allocation ranging from $5 to $20 worth of MTLX, instantly transferred to the supplied address.
The company hailed this as a “historic date for Mettalex,” signaling that the token had enough liquidity to support a sizeable cash‑value giveaway.
How to Verify Past Airdrop Participation (If You Missed It)
If you think you qualified for the Binance FET airdrop but never saw an MTLX deposit, follow these steps:
- Log into your Binance account and navigate to Wallet→Transaction History.
- Filter for “ERC‑20 Token Deposit” between 13April and 1June2021.
- Search for the token contract address
0x... (MTLX ERC‑20 address). Binance tags the token as “MTLX.” - If you find a deposit, check the amount; it should match the 1MTLX per 10,000FET ratio.
For the CoinMarketCap and anyMTLX giveaways, the only public proof is the winner tweet thread on Mettalex’s Twitter. Users can search the hashtag #MTLXairdrop2021 to see screenshots of payouts.
Impact on the Mettalex Ecosystem
The three airdrops served distinct strategic purposes:
- Liquidity Bootstrap: By rewarding serious FET holders, Mettalex secured early liquidity providers who later staked MTLX for fee discounts.
- Community Expansion: The CMC campaign grew the social following by over 12,000 Twitter followers and 8,000 Telegram members within a week.
- Governance Seeding: Anyone holding MTLX can propose or vote on protocol upgrades. The diversified distribution ensured that voting power wasn’t overly concentrated.
Since the airdrops, MTLX has been listed on major exchanges (Binance, KuCoin, etc.) and its market cap regularly exceeds $50million, indicating healthy demand.
Side‑by‑Side Comparison of the Three Campaigns
| Feature | Binance FET Airdrop | CoinMarketCap Community Airdrop | anyMTLX $3,000 Giveaway |
|---|---|---|---|
| Duration | 13Apr2021 - 1Jun2021 | MidJun2021 (single snapshot) | 29Jun2021 - 6Jul2021 |
| Eligibility | Average ≥10,000FET across 8 weekly snapshots | Complete 5 social‑media tasks | Hold ≥0.01MTLX and submit wallet address |
| Reward Ratio | 1MTLX per 10,000FET | Max 2.33MTLX per winner (700 total) | $3,000 worth of anyMTLX (≈300 winners) |
| Distribution Method | Auto‑credited to Binance ERC‑20 wallet | Manual transfer after verification | Randomized transfer to submitted address |
| Target Audience | Serious crypto investors (FET holders) | General crypto community | Existing MTLX holders |
| Platform Used | Binance exchange (Ethereum chain) | CoinMarketCap + social media | Direct wallet submission (any chain) |
Frequently Asked Questions
Did the MTLX airdrop require any fees?
No. All three campaigns were fee‑free. The Binance airdrop was automatically credited, while the CMC and anyMTLX giveaways only needed you to complete social tasks or submit a wallet address.
Can I still claim a missed Binance FET airdrop?
Unfortunately not. Binance’s smart‑contract distribution ran only once, and the tokens were sent to the wallets that met the snapshot criteria. The only recourse is to check the transaction history for confirmation.
Is MTLX still tradable on major exchanges?
Yes. After the airdrop phase, MTLX listed on Binance, KuCoin, Gate.io and several decentralized exchanges. Liquidity has grown alongside the platform’s user base.
How does holding MTLX benefit me on the Mettalex platform?
Holding MTLX gives you voting rights in protocol governance, eligibility for staking rewards, and up to a 30% reduction in trading fees when you provide liquidity to commodity pairs.
What’s the difference between MTLX and anyMTLX?
MTLX is the official ERC‑20 token that powers the Mettalex protocol. anyMTLX is a flexible wrapper used in the $3,000 giveaway, allowing the reward to be paid in any form of MTLX (e.g., wrapped on another chain) without changing the token’s underlying value.
Cryptocurrency Guides
Waynne Kilian
January 1, 2025 AT 17:22i guess the airdrop was a neat way to bring folks together even if the math felt a lil fuzzy.
Naomi Snelling
January 7, 2025 AT 15:46Reading through the MTLX distribution, it’s hard not to wonder whether the snapshot data was really transparent or if some hidden bots were padding the numbers behind the scenes, especially given the lack of on‑chain verification for the social‑task claims.
Michael Wilkinson
January 13, 2025 AT 14:10Look, the Binance FET airdrop was clearly aimed at whales, and if you weren’t holding 10k FET you were basically left out – that’s just how crypto works.
Billy Krzemien
January 19, 2025 AT 12:34Actually, the snapshot process was automated through Binance’s API, and while it may seem opaque, the exchange publishes a hash of the snapshot data for anyone to verify. It’s a good practice to double‑check those hashes if you want extra confidence.
april harper
January 25, 2025 AT 10:58The MTLX airdrop, in its three‑fold incarnation, reads like a modern myth of token alchemy. One cannot help but feel that the Binance FET campaign was a rite of passage for the true believers. It shouted to the world that only those with deep pockets could taste the first spoonful of governance. Meanwhile, the CoinMarketCap social quest epitomized the democratization of hype, rewarding the merely vocal. The requirement to follow, retweet, and join Telegram groups turned ordinary users into digital evangelists. In the grand tapestry of DeFi, such tasks serve as both marketing and a test of community loyalty. The anyMTLX giveaway, with its modest 0.01 entry barrier, seemed to whisper that even the smallest holder mattered. Yet the random allocation of $5 to $20 felt like a lottery, reminding us that chance still governs crypto fortunes. From a philosophical angle, these campaigns illustrate the tension between meritocracy and randomness. They also expose how token distribution can be weaponized to shape future voting power. Critics may argue that the heavy focus on FET holders entrenched wealth, but the later phases attempted to dilute that concentration. The subsequent rise of MTLX on major exchanges proves that a well‑orchestrated airdrop can seed lasting liquidity. Scholars of blockchain economics could study this as a case where early incentives successfully bootstrapped a market. Ultimately, whether you were a whale, a social media zealot, or a modest holder, the airdrop left an indelible mark on the Mettalex narrative. And so, the echo of those 2021 snapshots still reverberates in today’s governance debates.
Clint Barnett
January 31, 2025 AT 09:22What a vivid chronicle you’ve painted, weaving together the strands of finance, community dynamics, and the whimsical lottery of the anyMTLX giveaway; it reminds us that token distribution is not merely a mechanical process but a narrative tapestry where each thread-whether a heavyweight FET holder or a casual Twitter participant-contributes to the larger story of decentralized governance, and I wholeheartedly encourage newcomers to study these layers as a primer for understanding how early‑stage incentives can shape the very architecture of a protocol’s future.
Bobby Ferew
February 6, 2025 AT 07:46Sure, the airdrop metrics were “transparent,” but the community’s enthusiasm was clearly a byproduct of clever tokenomics.
celester Johnson
February 12, 2025 AT 06:10The philosophical underpinnings of the MTLX distribution raise questions about fairness, yet the execution feels like a curated spectacle designed to amplify hype rather than genuine decentralization.
Prince Chaudhary
February 18, 2025 AT 04:34While the critique is valid, it’s also true that the airdrop succeeded in rallying a diverse set of participants, which can be a catalyst for future ecosystem growth.
John Kinh
February 24, 2025 AT 02:58Honestly, I think the whole thing was just a marketing stunt 😂
Mark Camden
March 2, 2025 AT 01:22The MTLX airdrop serves as a textbook example of how token distribution can be weaponized to entrench power structures within a nascent ecosystem. By allocating disproportionate rewards to large FET holders, the Binance phase effectively created an oligarchic foundation. Subsequent phases, though ostensibly more inclusive, were engineered to harvest social capital rather than genuine community contribution. This stratagem undermines the egalitarian ethos that blockchain purports to uphold. Moreover, the lack of transparent verification for the CoinMarketCap tasks raises concerns about authenticity. It is incumbent upon the community to demand rigorous audits of such campaigns. Only through accountability can we safeguard decentralized governance. In sum, the airdrop narrative is a cautionary tale of marketing masquerading as decentralization.
Evie View
March 7, 2025 AT 23:46Calling the airdrop a “cautionary tale” is overblown; it injected vital liquidity and gave many first‑time users a stake in the platform.
Kate Roberge
March 13, 2025 AT 22:10Honestly, most of this airdrop hype was just noise – the real value of MTLX lies in its utility, not in how many free tokens were tossed around.
Oreoluwa Towoju
March 19, 2025 AT 20:34The airdrop mechanics were straightforward: hold FET, do social tasks, or keep a minimal MTLX balance.
Jason Brittin
March 25, 2025 AT 18:58Yeah, “straightforward” until you realize you needed a 10k FET wallet to get anything decent – good luck finding that without selling your coffee money 😂
Amie Wilensky
March 31, 2025 AT 17:22Thus, when one reflects upon the MTLX airdrop-its phases, its thresholds, its outcomes-one must ask: does the distribution model truly democratize access, or merely masquerade as such?; the answer, perhaps, lies in the data, the community response, and the subsequent market behavior; however, without rigorous analysis, any conclusion remains speculative; nevertheless, the snapshot of history offers valuable lessons for future tokenomics designs.