Etherex Goes Live: Igniting Liquidity on Linea
Linea, Consensys, and NILE proudly introduce Etherex, a next-gen decentralized exchange born from months of collaboration. The idea dates back to 2014, before Ethereum’s mainnet, when pioneers like Vitalik Buterin and Joseph Lubin envisioned a trustless, user-first alternative to centralized exchanges.
A 🧵 @AlphaInsiders
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⭕️ About Etherex
Etherex is the evolution of NILE on Linea, built using Ramses v3-inspired tokenomics like those behind Shadow on Sonic. With no team unlocks and all fees going to token holders, it’s fully user-aligned.
Developed under Linea and Consensys’ “metaDEX methodology,” Etherex aims to be the go-to hub for ETH and stablecoins, directing incentives and emissions to strengthen the ecosystem.
The native token is $REX, with related variants xREX and REX33.
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⭕️ How It Works
Etherex uses a locked token model (xREX) with anti-dilution rebases, letting holders direct emissions to high-performing or incentivized pools. Unlike legacy DEXs that leak value, Etherex captures and redistributes it through $REX, rewarding both holders and liquidity providers.
Key Features:
▪️Liquid emissions (no vesting)
▪️Instant buy/sell of voting power via REX33
▪️Consistently high yields
▪️xTOKEN exit mechanics
▪️Efficient liquidity = better trades + more fees = higher rewards
No 4-year locks, vote and earn instantly with REX33.
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⭕️ Proven & Secure Tech
Built on Uniswap V3, Ramses V3 Core powers Etherex with enhanced features like dynamic fees and x(3,3). It has processed over $40B in volume and generated $60M+ in rewards for users.
⭕️ Audited & Trusted
Over $1M has been spent on audits by top firms like Spearbit and Consensys Diligence, ensuring top-tier security.
Shadow x(3,3) Audit – Spearbit
Ramses V3 Audit – Consensys Diligence
⭕️ Launch Date
Etherex went live July 28, with the first epoch kicking off shortly after. This aligns with Linea’s SBET rollout and the $LINEA TGE, maximizing protocol incentives.
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