EtherEX Powers 85% of Linea Trades with Three-Token Ecosystem
EtherEX Powers 85% of Linea Trades with Three-Token Ecosystem
🔥 Rex Cooks Everyone
EtherEX dominates Linea trading with its three-token flywheel system controlling 85% of all trades on the network.
The ecosystem operates through:
- REX - Core governance token
- xREX - Staking derivative
- REX33 - Liquidity mining token using x(3,3) methodology
Key advantages:
- No 4-year token locks required
- Over 35% APR for ezETH liquidity providers
- Concentrated liquidity layer built on Linea
The platform uses an evolved version of the ve(3,3) model called metaDEX x(3,3), making DeFi participation more accessible. Built in partnership with Linea and ConsenSys, EtherEX serves as Linea's primary growth mechanism.
Users can earn REX rewards by providing liquidity to supported pairs like ezETH, benefiting from the ecosystem's dominant market position.
The @etherexfi flywheel runs on evolution. REX → xREX → REX33. Three tokens. One ecosystem powering 85% of all Linea trades. Rex cooks. Everybody eats.
The Etherex flywheel runs on evolution. From REX → xREX → REX33, every holder plays a role in the ecosystem that powers 85% of all @LineaBuild trades. Let’s break it down:
Linea Corrects Ignition Reward Vesting Timeline Error
**Linea issued a correction** regarding their Ignition program reward distribution timeline. **Key Changes:** - LPs can claim **40% of LINEA rewards** today (Oct 27th) on Brevis platform - Remaining **60% vests over 45 days** (not 60 days as previously stated) - Correction applies to participants from the **last 10 weeks** **Program Extension:** - Ignition extended for **one more week** - New participants can claim rewards on **Nov 3rd** - Same 40/60 split applies to extension participants The updated information is available in the [Brevis Ignition documentation](https://linea-ignition-docs.brevis.network/lp-dashboard-guide/view-claim-rewards). **Next Steps:** Check your eligibility and claim your rewards through the Brevis platform dashboard.
🚀 DeFi Management Simplified
**1delta** has launched on **Linea**, bringing unified DeFi portfolio management to the zkEVM rollup. The platform allows users to: - **Aggregate positions** across multiple DeFi protocols in one interface - Access **one-click trading strategies** including margin, looping, and yield farming - Benefit from **optimized liquidity aggregation** for better swap prices - Execute **gas-efficient transactions** with seamless cross-chain bridging This integration expands Linea's DeFi ecosystem, offering both casual and advanced traders streamlined access to complex strategies without navigating multiple platforms. [Explore 1delta on Linea](https://linea.build/hub/apps/1delta)
Linea Launches 24-Hour Trading Contest with $5,000 Prize Pool
Linea has launched a limited-time trading competition called **Follow the Fox on Bungee** that runs for just 24 hours. **Contest Details:** - Trade mUSD or LINEA tokens for entry - 5 winners will each receive $1,000 - Total prize pool: $5,000 Participants can learn more and enter through the [Linea Hub](https://linea.build/hub/events/follow-the-fox-on-bungee). This follows previous Linea partnerships, including a $10,000 prize pool collaboration with 1inch earlier this year.
Linea Hits Major Milestones: Direct ETH Staking Live, EVM Upgrades Accelerating
**Linea celebrates 42 days post-launch** with impressive metrics: - **90%+ claim rate** for token airdrop - **$2B single-day trading volume** - Major exchange listings completed - **$1B+ in Aave lending** at peak **New Features Now Live:** - **Direct ETH staking** via Lido Finance and Chainlink CCIP - Stake ETH directly on Linea, receive wstETH in one transaction - No bridging required - pure capital efficiency **Infrastructure Upgrades:** - Moving through EVM versions: Paris live, Shanghai next - Cancun and Prague coming soon - Closes gap between zero-knowledge proofs and Ethereum execution layer **Coming Soon:** - Token burning mechanism - Native Yield launch - **"Linea Exponent"** - major dApp announcement in coming weeks Linea demonstrates zkEVMs can accelerate beyond Ethereum's upgrade timeline, shipping multiple EVM versions faster than traditional development cycles.