Matrix

Matrix (MTX) is a digital asset within the Ethereum ecosystem that serves as the native token of a self-described decentralized financial platform. The platform claims to address the complexity and cost barriers of everyday crypto use by combining a non-custodial wallet with gas-fee coverage, a global on-chain credit score system, a lending and borrowing protocol, auto-yield stablecoins, and a zero-fee derivatives exchange into a single ecosystem. It is aimed at users who want access to banking-like services without relying on traditional financial institutions.

Matrix operates within the Ethereum ecosystem, meaning its contracts and token settle on Ethereum infrastructure rather than a standalone chain. The token is classified as an 'other' digital asset, and the project description does not specify a distinct consensus algorithm of its own — block time recorded in the data is zero, consistent with a token that inherits Ethereum's consensus rather than running one independently. MTX is designed to function across the platform's components, including the lending protocol, credit score system, and derivatives exchange, though the precise mechanics of token utility within each module are not fully detailed in the available data.

The derivatives exchange component explicitly advertises zero trading fees, and no fee stream or revenue figure is present in the data stored for this asset. Because no fee data is available, fee-based measures such as fee yield or protocol revenue cannot be calculated for this site's purposes, and that absence should be noted when comparing Matrix against assets for which those figures exist. The circulating supply stands at 1,000,000 MTX as of the point-in-time measurement, which equals the maximum supply, meaning the fully diluted valuation equals the market capitalisation of 35,627,245 USD with a dilution overhang of zero percent.