Latest Meta tokenized stock (xStock) (METAX) News Update

Deep Dive

1. Delisting from Gate (8 July 2025)

Overview:
Gate delisted METAX alongside 67 other tokens on 8 July, citing failure to meet revised trading criteria. The exchange initiated buybacks for eligible holders and advised users to withdraw assets before wallets purge delisted tokens.

What this means:
This is bearish for METAX liquidity in the short term, as Gate accounted for $2.38M of its $2.38M 24-hour volume. However, the token remains tradable on other xStocks Alliance platforms like Raydium and Jupiter. (Gate Team)

2. Gate xStocks Launch (3 July 2025)

Overview:
Gate launched dedicated xStocks trading on 3 July, offering METAX spot and perpetual futures (up to 10x leverage) alongside traditional equities like Tesla and Apple. The integration aimed to merge TradFi accessibility with crypto’s 24/7 markets.

What this means:
This is neutral-bullish for METAX, as derivatives trading could attract speculative capital, but the subsequent delisting (5 days later) diluted the initial upside. The move highlights volatility in exchange strategies for tokenized equities. (Gate Team)

3. Pyth Network Integration (7 July 2025)

Overview:
xStocks partnered with Pyth Network to implement RFQ (request-for-quote) pricing for METAX and other tokenized equities, reducing slippage by enabling tailored quotes from market makers.

What this means:
This is bullish for METAX’s long-term efficiency, as tighter spreads and reduced impermanent loss risks could attract institutional liquidity. The integration complements existing support from Chainlink and Solana-based DEXs. (xStocks)

Conclusion

METAX faces mixed signals: Gate’s delisting disrupts near-term liquidity, but deeper DeFi integrations signal growing institutional-grade infrastructure. Will expanding RFQ systems offset centralized exchange volatility?

Deep Dive

1. @Gate_io: METAX futures debut amid TradFi push bullish

"First futures market for xStocks goes live with 1-10x leverage on METAX/USDT pairs – dynamic risk management for global traders."
– @xStocksFi (132K followers · 287K impressions · 2025-07-03 09:28 UTC)
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What this means: This is bullish for METAX because derivatives markets typically deepen liquidity and attract institutional interest, though leverage increases volatility risk.

2. Gate Team: METAX delisted in 68-coin cleanup bearish

"METAX removed from Gate trading markets effective July 8 – part of platform-wide delisting of underperforming assets."
– Gate announcement (Official notice · 2025-07-08 06:34 UTC)
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What this means: This is bearish short-term as forced selling pressure could emerge, though the token remains tradeable on other xStocks Alliance platforms like Raydium.

3. @PythNetwork: RFQ system cuts METAX spreads bullish

"Pyth's request-for-quote now live for METAX – reduces slippage by 40% compared to AMM pools through tailored pricing."
– @xStocksFi (132K followers · 189K impressions · 2025-07-07 12:04 UTC)
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What this means: This is bullish because tighter spreads lower transaction costs, making METAX more attractive for high-frequency traders and arbitrage bots.

Conclusion

The consensus on METAX is mixed – bullish infrastructure developments clash with bearish exchange delisting. While Gate's purge raises red flags about liquidity fragmentation, the Pyth/Raydium integrations suggest growing institutional-grade trading capabilities. Watch daily METAX volumes on Solana DEXs this week to gauge whether displaced Gate traders migrate liquidity elsewhere.

Deep Dive

1. Jupiter Lend Integration (Q3 2025)

Overview: METAX will integrate with Jupiter Lend, Solana’s decentralized lending protocol, allowing users to collateralize their tokenized Meta shares for loans or earn yield by lending them. This follows Jupiter’s July 2025 announcement of xStocks support.
What this means: Bullish for liquidity as METAX gains utility beyond spot trading. However, adoption depends on competitive APYs and risk parameters set by Jupiter’s governance.

2. Cross-Chain Expansion via Chainlink (2025)

Overview: Chainlink’s Cross-Chain Interoperability Protocol (CCIP) will enable METAX to operate natively on Ethereum, Avalanche, and other chains, per June 2025 plans.
What this means: Neutral-to-bullish for accessibility, but fragmentation risk exists if liquidity spreads thinly across networks. Success hinges on Backed Finance’s multi-chain settlement infrastructure.

3. Solflare Card Support (Q4 2025)

Overview: Solflare’s upcoming crypto debit card will let users spend dividends earned from METAX holdings directly in USDC, per July 2025 details.
What this means: Bullish for retail adoption by merging TradFi income streams with DeFi spending. Regulatory clarity around dividend taxation in crypto wallets remains a key uncertainty.

Conclusion

METAX’s roadmap focuses on deepening DeFi integration and real-world usability, though recent delistings (e.g., Gate.io in July 2025) highlight liquidity risks. Will cross-chain expansion offset exchange concentration vulnerabilities as the xStocks Alliance grows?