Latest MetaDEX Driving DeFi Growth at Zircuit

admin6 days ago

Zurich, Switzerland, December 6, 2024, Chainwire

Ocelex will be launched by: metadex And the liquidity layer zirkitA zkEVM-based layer 2 ecosystem designed for scalability and security. focus on capital efficient innovation, Community-driven engagementand 100% profit sharing between token holdersOcelex aims to create a transparent and inclusive DeFi environment.

Zircuit’s infrastructure, including AI-based sequencer security, provides a strong foundation for decentralized applications. Recent developments, such as the Token Generation Event (TGE) for the $ZRC token, have increased interest in the ecosystem. The launch of Ocelex will leverage this momentum and position Zircuit as the leading decentralized exchange that prioritizes liquidity, accessibility, and growth within the DeFi sector.

Ocelex, the first Lynex expansion pack

As the first franchise expansion of Lynex, Linea’s leading liquidity protocol, Ocelex builds on a proven foundation. Lynex achieved over $3.5 billion in trading volume and distributed $7.5 million in revenue to token holders, establishing itself as one of the best-performing ve(3,3) DEXs. Ocelex continues this legacy by introducing: Automatic Liquidity Management (ALM) AggregationA feature designed to simplify liquidity management through automated strategies. This approach ensures consistent returns for liquidity providers (LPs) while reducing risks such as impermanent losses.

Strategic partnerships and pre-launch momentum

Even before its official launch, Ocelex has established key partnerships and secured significant Total Value Locked (TVL). These partnerships include:

EtherFi, Kelp, Renzo For Liquidity Restaking Tokens (LRT).
Lido and Stakestone For Liquid Staking Tokens (LST).
Stake Stone and ElaraThese are two major money market protocols that ensure smooth and integrated liquidity flows for users.

Ocelex’s strong pre-launch performance highlights its potential to play a key role in the growth of Zircuit’s ecosystem. With a current TVL of $4.6 million and a total trading volume of $13.3 million, Ocelex has already established a solid foothold in the DEX category.

Community-first approach

Ocelex follows Lynex’s community-driven strategy with airdrops that prioritize long-term moderation. 45% of Ocellex initial supply It will be airdropped to Lynex veLYNX holders who have locked up their tokens for more than one year. This approach rewards loyal participants while fostering ecosystem stability. The veLYNX lock has historically provided the most consistent yields among the ve(3,3) protocols, a trend that Ocelex seeks to replicate.

Upcoming Public Sale

Ocelex public sale begins. December 9 10:00 UTC It runs for 60 hours at a time. Dutch auction format. The auction guarantees a fair market price starting from $0.30 and decreasing to $0.06.

Key sale details:

Tokens for sale: 2,000,000 $OCX (2% of initial supply).
Minimum price: $0.06 | Starting price: $0.30.

After the sale Token Generation Event (TGE) Liquidity mining will begin and tokens will be distributed to pre-miners and airdrop recipients.

For a comprehensive overview of public sales, see this article or watch the accompanying short video.

Ocelex Public Sales Forecast

Ocelex’s Dutch auction public sale will allow the market to determine the valuation and launch price, which decreases linearly from $0.30 to $0.06.

Community airdrop recipients, who will receive 50% of the initial supply as governance tokens, will also benefit from the higher sale price. The auction is expected to be very competitive as there is interest in Ocelex as Zircuit’s next large ve(3,3) DEX, following in the footsteps of Lynex, Aerodrome, and Thena.

Ocellex’s growth potential

Ocelex has the potential to capture significant TVL from Zircuit, a network with total value locked (TVL) of over $2.5 billion. This potential models the success of five other protocols (3,3).

airfield: It has secured 41.56% of Base’s $3.85 billion TVL ($1.6 billion) and has an FDV of $2.5 billion. Ocelex could achieve a TVL of $1.039 billion with a similar share.
Linex: With an FDV of $29 million, it represents 4.7% of Linea’s TVL of $494 million ($23.2 million). Ocelex could secure a TVL of $117.5 million with similar performance.
Thena: With an FDV of $565 million, it captures 1.47% of the BNB chain’s $5.8 billion TVL ($85 million). Ocelex can achieve a TVL of $36.75 million with these shares.

Ocelex Key Indicators:

Key examples: $1.039 billion TVL (41.56%).
Normal case: TVL $117.5 million (4.7%).
Conservative case: $36.75 million TVL (1.47%).

FDV ranges from $6M to $30M.Ocelex presents an undervalued opportunity for early entrants, especially when compared to Aerodrome’s $2.5 billion FDV or Thena’s $565 million.

The Future of DeFi with Ocelex and Zircuit

Ocelex aims to serve as a cornerstone of DeFi activity by combining Lynex’s successful model with Zircuit’s technology infrastructure. With strong pre-launch momentum, strategic partnerships, and a focus on community alignment, Ocelex is positioned to deliver value and scalability to users and the broader DeFi ecosystem.

About Ocellex

Ocelex is the first expansion of the Lynex brand to be franchised by the emerging layer 2 Zircuit. Ocelex democratizes sophisticated liquidity strategies, seamlessly connecting everyday traders with professional-level capabilities. It features a competitive ecosystem of Automated Liquidity Managers (ALMs) and strategists, all working to optimize returns, minimize risks such as impermanent losses, and increase overall efficiency for all users.

Users can learn more about Ocelex through the following links:

Website: www.ocelex.fi/

DApp: app.ocelex.fi/

X: x.com/OcelexFi

Discord: discord.com/invite/rTkZNbNggh