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08/07 07:50
Etherex Launches Native Token REX on Linea Layer 2
Etherex Launches Native Token REX on Linea Layer 2
Consensys-backed decentralized exchange Etherex has launched its native token REX on the Linea Layer 2 network, aiming to introduce a 'smarter DeFi stack' on August 6, 2025.
The launch signifies a key step in decentralized finance innovation, impacting liquidity dynamics and governance models in the Ethereum ecosystem, though market reactions remain underreported.
Etherex Unveils REX on Linea: A New DeFi Era
Consensys-backed Decentralized Exchange (DEX) Etherex has launched its native token REX on the Linea Layer 2 network, claiming to offer a “smarter DeFi stack.” This launch marks a collaborative effort involving significant industry stakeholders.
The inauguration of REX by Etherex on Linea Layer 2, backed by prominent firm Consensys, introduces a novel tokenomics model. The launch is confirmed by project documents and emphasized its role in potentially reshaping DeFi solutions. Declan Fox, CEO of Linea, noted, "We aim to demonstrate a new standard for building L2 solutions that directly strengthen the Ethereum mainnet and increase the value of its native cryptocurrency."
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