Mettalex is the first decentralised derivatives exchange (DEX) powered by Fetch.ai technology. The main objective is to provide access to risk management tools to a large audience of physical commodity traders. Nowadays, users can access these tools via financial market intermediaries (i.e. banks and other financial intermediaries) who charge high spreads and have limited liquidity. Mettalex enables market participants, such as physical commodity holders (traditional and crypto), traders, speculators, and liquidity providers to gain economic exposure to the spot price of commodities and other assets thus allowing them to open hedging or leveraged positions on the market.