We spoke with the Metric team earlier this month as part of our tokenized stocks research, but I think the DEX itself deserves a separate look ahead of its public app and infra launch. Today you can already trade through Metric, and possibly already have. They have processed over $19B in spot volume through their aggregator integrations, while the website still says “coming soon.” Not a typical starting point for a new launch! 

Aggregators route orders into their pools, so they’ve been able to build volume before opening more broadly. A few numbers caught my attention:

• $6.4B