Linea, Consensys, and Nile collaborate to launch the decentralized exchange platform Etherex

By: theblockbeats.news|2025/07/21 11:02:15

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BlockBeats News, July 21st, Linea, Consensys, and Nile announced the launch of the decentralized exchange platform Etherex, aiming to achieve true user alignment and end-to-end infrastructure.

Etherex is an upgraded version of Nile Exchange, built on Ramses v3 technology, and features the x33 tokenomics model. Its design goals include 100% of native incentives (REX) allocated to liquidity providers (LPs); 100% of trading fees going to xREX staking voters.

The native token REX will be distributed as a liquidity reward to LP users. Users can convert REX to xREX to vote for their preferred pool incentives.

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