$REX Token Launches on #Linea With $213M Market Cap in First Day


#Etherex announced that its native token $REX went live on Linea Wednesday, reaching a $213 million market capitalization within hours.


The new decentralized exchange, backed by Consensys, has implemented a unique anti-bot mechanism with fees starting at 50% and decaying to 2% over 30 minutes.


$REX uses fully liquid tokenomics with all trading fees distributed to token holders and zero team allocations.


The platform offers auto-compounding yield options and instant voting position trading through the REX33 model.


#Ethereum co-founder Joseph Lubin praised the launch as reflecting "credible neutrality" and "deep composability" principles.

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August 07, 2025 at 12:14 PM
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