Zurich, Switzerland, December 6, 2024, Chainwire
Ocelex will be launched as a MetaDEX and liquidity layer on top of Zircuit, a zkEVM-based layer 2 ecosystem designed for scalability and security. Ocelex aims to create a transparent and inclusive DeFi environment with a focus on capital-efficient innovation, community-driven participation, and 100% revenue sharing among token holders.
Zircuit's infrastructure, including AI-driven sequencer security, provides a strong foundation for decentralized applications. Recent developments such as the Token Generation Event (TGE) for the $ZRC token have brought increased attention to the ecosystem. The launch of Ocelex leverages this momentum to solidify Zircuit's position as the leading decentralized exchange, prioritizing liquidity, accessibility, and growth within the DeFi sector.
Ocelex as the first extension of Lynex
As the first franchise expansion for Linea's leading liquidity protocol, Lynex, Ocelex is building on a proven foundation. Lynex has 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 tradition by introducing Automated Liquidity Management (ALM) Aggregation, a feature designed to simplify liquidity management through automated strategies. This approach reduces risks such as temporary losses while ensuring consistent yields for liquidity providers (LPs).
Strategic partnerships and pre-launch momentum
Ocelex has established key partnerships and secured significant Total (EPA:) Value Locked (TVL) even before its official launch. These partnerships include:
EtherFi, Kelp, and Renzo for LRT (Liquidity Restaking Token). Lido and StakeStone for LST (Liquidity Restaking Token). StakeStone and Elara, two leading money market protocols that ensure seamless and integrated liquidity flows for their 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 total trading volume of $13.3 million, Ocelex has already secured a solid foothold in the DEX category.
A community-first approach
Ocelex follows Lynex's community-centric strategy and uses airdrops to prioritize long-term collaboration. 45% of the initial supply of Ocelex will be airdropped to Lynex veLYNX holders who have locked their tokens for over a year. This approach rewards loyal participants while promoting ecosystem stability. The veLYNX lock has historically provided the most stable yields of any ve(3,3) protocol, and Ocelex aims to replicate this trend.
Upcoming public sale
The general sale of Ocelex will begin on December 9th at 10:00 UTC and will run for 60 hours in the form of a Dutch auction. Auctions guarantee fair market value from $0.30 to $0.06.
Main sales details:
Tokens for sale: 2,000,000 $OCX (2% of initial supply). Starting price: $0.06 | Starting price: $0.30. After the sale, a Token Generation Event (TGE) will begin, which will begin liquidity mining and the distribution of tokens to pre-miners and airdrop recipients.
For a comprehensive overview of general sales, read this article or watch the accompanying short video.
Oserex general sales forecast
Ocelex's Dutch public auction sale allows the market to determine its valuation and launch price. Prices start at $0.30 and decrease linearly to $0.06.
Community airdrop recipients will receive 50% of the initial supply as governance tokens and benefit from higher sales prices. There is growing interest in Ocelex as the next big ve(3,3) DEX after Zircuit, following Lynex, Aerodrome, and Thena, and the auction is expected to be fiercely competitive.
Oserex's growth potential
Ocelex has the potential to secure significant TVL on Zircuit, a network with more than $2.5 billion in total value locked (TVL). This possibility is modeled on the success of other ve(3,3) protocols.
Airfield: Secured 41.56% of Base's $3.85 billion TVL ($1.6 billion), resulting in an FDV of $2.5 billion. Ocelex could achieve a TVL of $1.039 billion with a similar share. Lynex: Gets 4.7% of Linea's $494 million TVL ($23.2 million) with an FDV of $29 million. Ocelex could secure a TVL of $117.5 million with comparable performance. Thena: Acquires 1.47% of BNB Chain's $5.8 billion TVL ($85 million) with an FDV of $565 million. Ocelex could achieve a TVL of $36.75 million with this share. Key indicators of Ocelex: Predominant case: 1.039 billion TVL (41.56%). Moderate case: 117.5 million TVL (4.7%). Conservative case: 36.75 million TVL (1.47%). With FDV, in the $6 million to $30 million range, Ocelex offers an undervalued opportunity. Early participation is remarkable, especially when compared to Aerodrome's $2.5 billion FDV and Tena's $565 million.
The future of DeFi with Ocelex and Zircuit
Ocelex aims to combine Lynex's successful model with Zircuit's technology infrastructure to become the foundation for DeFi activities. With strong pre-launch momentum, strategic partnerships, and a focus on community collaboration, Ocelex is positioned to deliver value and scalability to our users and the broader DeFi ecosystem.
About OSELEX
Ocelex is the first extension of the Lynex brand and will launch as a franchise of emerging Layer 2, Zircuit. Ocelex democratizes sophisticated liquidity strategies, seamlessly connecting everyday traders with expert-level functionality. It features a competitive ecosystem of automated liquidity managers (ALMs) and strategists, all working to optimize returns, minimize risks such as permanent loss, and improve overall efficiency for all users. We are striving to improve.
Users can learn more about Ocelex through the following link
Website: www.ocelex.fi/
DApp: app.ocelex.fi/
X: x.com/OcelexFi
Discord: discord.com/invite/rTkZNbNggh
Contact Zarolo VesperOcelexzarolo@lynex.fi
This article was originally published on Chainwire
