Metric launches new DEX with Chainlink Data Streams for pricing

Metric, the decentralized exchange aggregator that quietly routed over $5 billion in trades across nine chains, is stepping out of stealth mode with something bigger: its own DEX, powered by Chainlink Data Streams for real-time pricing. The new exchange is designed to trade tokenized stocks, ETFs, commodities, and real-world assets using reference prices pulled from Chainlink’s low-latency data infrastructure. Instead of relying on the internal state of liquidity pools to determine what an asset is worth, Metric’s DEX will lean on external, verifiable price feeds. From aggregator to exchange Metric spent the better part of a year operating under the radar as an aggregator across multiple EVM-compatible chains. In the quarter leading up to July 2026, the platform processed more than $5 billion in trade volume, with roughly $2 billion of that coming in the final month alone. The platform’s pitch to liquidity providers centers on capital efficiency, with the team targeting capital turnover rates of approximately 450x monthly on active pools. Why external price feeds change the game Traditional AMMs like Uniswap or Curve derive prices from the ratio of assets sitting in a pool. This wo...