Etherex, a DEX protocol in the Linea ecosystem, completes TGE with market cap surpassing $200 million

BlockBeats News, August 7 — According to official sources, the Linea ecosystem MetaDEX project Etherex has completed the REX token TGE today. As of press time, REX has a market capitalization of $203 million, with trading volume exceeding $8.7 million.

It is reported that Etherex is a collaborative launch by Linea, Consensys, and Nile, serving as an upgraded version of Nile Exchange.

BlockBeats reminds users that newly issued tokens can experience significant market volatility, and investors should exercise caution.