The masterpiece from @LineaBuild, everyone should pay attention.
Introducing Etherex on Linea — The Next-Generation MetaDEX
@LineaBuild, @Consensys, and Nile present Etherex, a new decentralized exchange built for true user alignment and full on-chain infrastructure.
Etherex traces its origins to the early vision of Ethereum's founders in 2014—a dream of a fully permissionless, on-chain exchange. "A Decentralized Future Calls For A Decentralized Exchange."
Etherex is the evolution of Nile Exchange, built on Ramses v3 technology and structured around the x33 tokenomics model. It is designed to deliver:
100% of native emissions to LPs ($REX)
100% of trading fees directed to xREX voters
This architecture supports Etherex’s MetaDEX methodology. Linea directs incentives toward high-quality, sustainable pools, ensuring deep $LINEA liquidity and long-term ecosystem scalability.
The native token, $REX, is distributed as liquid rewards to liquidity providers. Users can convert $REX into xREX to vote emissions toward their preferred pools. With REX33, users can instantly adjust their voting positions without any locking mechanisms.
Key innovations include:
-Liquid emissions from day one, with no vesting schedules
-Built-in protection against just-in-time (JIT) flash farming attacks
-Launch allocations will be announced soon.
The underlying Ramses v3 engine has already powered Shadow on Sonic and Pharaoh on Avalanche to over $40 billion in trading volume and more than $60 million in fee generation—proving its scalability and efficiency in live environments.
Security has been a top priority, with over $1 million in audits completed by @spearbit and @ConsensysAudits, alongside an ongoing bug bounty program.
🚨 Launch Date: July 28, 2025 🚨
The first epoch begins shortly before the Ethereum Mainnet anniversary, aligning Etherex’s launch with the broader ecosystem in preparation for the $LINEA token generation event.
Looking ahead, Etherex will introduce MetaMask Points integration, Surge 2 functionality, cross-chain expansion, and new strategic partnerships.
Expect more information very soon and make sure to follow @Etherexbuild or visit.
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