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

Deep Dive

1. LBank Futures Launch (27 August 2025)

Overview:
LBank added METAX perpetual futures (METAXUSDT) with up to 10x leverage, settling funding fees every four hours. The exchange retains flexibility to adjust contract terms like tick size (0.01 USDT) and margin requirements based on market conditions.

What this means:
This is neutral for METAX, as derivatives access could attract speculative trading but introduces risks like forced liquidations. The 10x leverage may amplify volatility, requiring close monitoring of open interest and funding rates. (LBank)

2. Gate Delisting (8 July 2025)

Overview:
Gate delisted METAX and 67 other tokens, citing failure to meet updated trading criteria. The exchange initiated a buyback program for eligible holders, halting deposits and withdrawals for affected assets.

What this means:
This is bearish short-term due to reduced liquidity and exchange support. However, the buyback program may mitigate sell pressure, with METAX still available on other platforms like LBank and Solana-based DEXs. (Gate)

3. Gate xStocks Section Launch (3 July 2025)

Overview:
Gate partnered with xStocks to launch tokenized equities trading, initially including METAX alongside Apple, Tesla, and others. The platform offered 24/7 spot and futures trading with 10x leverage, emphasizing fractional ownership and cross-chain transfers.

What this means:
This was bullish for METAX, broadening its accessibility to crypto-native traders. However, the subsequent delisting on Gate just five days later highlights the platform’s shifting priorities. (Gate)

Conclusion

METAX faces mixed signals: derivatives growth via LBank contrasts with Gate’s abrupt delisting. While infrastructure upgrades (e.g., Pyth Network’s RFQ integration) aim to tighten spreads, exchange volatility remains a risk. Will METAX stabilize as tokenized equities gain traction, or will platform-specific risks dominate?

Deep Dive

1. @Gate_io: Volatile exchange support

"Trading/deposits for METAX halted" – Gate delisted METAX on July 8, 2025, just days after launching its xStocks section (source).
– @Gate_io (4.2M followers · 12K impressions · 2025-07-08 06:34 UTC)
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What this means: Bearish short-term due to liquidity fragmentation, though METAX remains tradable on LBank and Solana-based DEXs.

2. @LBank: Futures fuel speculation

"METAX perpetuals with 10x leverage launch August 27" – First derivatives market for Meta’s tokenized stock (source).
– LBank Team (620K users · 2025-08-27 00:00 UTC)
What this means: Bullish for traders seeking amplified exposure, though high leverage risks liquidations if Meta’s stock swings.

3. @PythNetwork: Slippage slayer for stocks

"METAX now supported in RFQ swaps via Pyth Express" – Enables direct price quotes with 0.01% avg. spread reduction (source).
– @xStocksFi (88K followers · 2.1K impressions · 2025-07-07 12:04 UTC)
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What this means: Neutral-bullish – improves capital efficiency but requires USDC pairing, limiting immediate USDT traders.

Conclusion

The consensus on METAX is mixed, balancing derivatives growth against exchange unpredictability. Watch LBank’s open interest post-August 27 launch – sustained demand could offset Gate’s exit, while low uptake might signal skepticism about crypto-native stock products. Does institutional adoption follow retail leverage?

Deep Dive

1. Solflare Card Integration (2025)

Overview: The Solflare wallet plans to integrate a debit card allowing users to buy METAX directly, hold fractional shares, earn dividends, and spend USDC (xStocks). This bridges TradFi accessibility with DeFi flexibility.

What this means: This is bullish for METAX because it lowers entry barriers for retail investors and enhances real-world utility. However, adoption depends on Solflare’s card rollout timeline and regulatory compliance.

2. Cross-Chain Expansion via CCIP (2026)

Overview: METAX aims to expand beyond Solana using Chainlink’s Cross-Chain Interoperability Protocol (CCIP), enabling seamless transfers across Ethereum, Polygon, and others (xStocks).

What this means: This is neutral-to-bullish as cross-chain support could boost liquidity but relies on Chainlink’s technical execution and demand from non-Solana ecosystems.

3. LBank Futures Launch (Completed)

Overview: LBank launched METAX perpetual futures in August 2025, offering 10x leverage and USDT margining (LBank).

What this means: This is neutral as derivatives access already exists, but delistings (e.g., Gate.io in July 2025) offset growth, highlighting regulatory risks for tokenized equities.

Conclusion

METAX’s roadmap emphasizes accessibility (Solflare Card) and interoperability (CCIP), though exchange volatility (e.g., Gate.io delisting) and regulatory scrutiny remain risks. Will cross-chain adoption offset centralized exchange headwinds?