Etherex Surpasses $120M TVL on Linea Driven by 3 3 Staking Model

Generated by AI AgentCoin World
Monday, Aug 11, 2025 9:12 pm ET1min read
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Aime RobotAime Summary

- Etherex, a Linea-based DEX, surpassed $120M TVL in August 2025 via its (3,3) staking mechanism and upcoming REX token.

- The model attracted liquidity providers with incentives, drawing parallels to OlympusDAO and reshaping DeFi staking norms.

- Linea's Declan Fox highlighted the TVL growth as boosting investor confidence and reinforcing Linea's Layer 2 competitiveness.

- The success underscores rising adoption of Layer 2 solutions and novel tokenomics, positioning REX as a key ecosystem asset.

- Etherex's aligned incentive structure demonstrates sustainable growth potential, setting precedents for DeFi liquidity strategies.

Etherex, a decentralized exchange (DEX) operating on the Linea network, has achieved a significant milestone by surpassing $120 million in total value locked (TVL) in early August 2025. The rapid growth was attributed to the introduction of its innovative (3,3) staking mechanism, which aligns with the scheduled launch of its native REX token later in 2025. This strategic move has positioned Etherex as a leading protocol within the Linea ecosystem, reflecting a strong response from liquidity providers and investors [1].

The (3,3) staking model has attracted early liquidity by offering compelling incentives to participants. This approach has demonstrated Etherex’s ability to reshape traditional staking and liquidity mechanisms, drawing comparisons to successful decentralized finance (DeFi) models such as OlympusDAO. Early liquidity provision has been particularly rewarding, with the platform emphasizing that this is only the beginning of its growth trajectory [1].

Declan Fox of Linea highlighted the significance of Etherex’s TVL growth, noting that the platform’s incentive structure has effectively accelerated liquidity accumulation. This development has not only boosted investor confidence but also enhanced the overall perception of Linea as a competitive Layer 2 solution. The increased TVL suggests that Etherex is playing a pivotal role in expanding economic activity on the network, potentially setting a precedent for future incentivization strategies in the DeFi space [1].

From a market perspective, Etherex’s success underscores the rising adoption of Layer 2 solutions and the broader appeal of novel tokenomic models. The TVL growth has implications for both the REX token’s value and Etherex’s position within the Linea ecosystem. As a result, stakeholders are optimistic about the platform’s future, with many viewing it as a key player in the evolution of decentralized trading on Ethereum-compatible blockchains [1].

The rapid ascent of Etherex also highlights the effectiveness of strategic liquidity incentives in driving protocol adoption. By aligning interests between the platform and its users, Etherex has managed to create a self-sustaining growth model. This has significant implications for the broader DeFi landscape, where user engagement and liquidity provision are central to long-term sustainability and success [1].

Source: [1] Etherex Surpasses $120M TVL Milestone on Linea (https://coinmarketcap.com/community/articles/689a91e5f48bf17820639f2b/)