Ocelex Launches as a MetaDEX on Zircuit to Drive DeFi Adoption
Ocelex: A Game Changer for DeFi on Zircuit
Zurich, Switzerland, December 6th, 2024, Chainwire. Ocelex is positioned to launch as a MetaDEX and liquidity layer on Zircuit, a zkEVM-based Layer 2 ecosystem designed for scalability and security. With its focus on capital-efficient innovation, community-driven participation, and 100% revenue sharing among token holders, Ocelex aims to create a transparent and inclusive DeFi environment.
Strong Infrastructure and Recent Developments
Zircuit's infrastructure, which includes AI-driven sequencer security, provides a solid foundation for decentralized applications. Recent developments, such as the token generation event (TGE) of the $ZRC token, have increased attention on the ecosystem.
- Ocelex aims to leverage this momentum to establish itself as Zircuit's primary decentralized exchange.
- The main focus is on liquidity, accessibility, and growth within the DeFi sector.
Ocelex as the First Lynex Expansion
As the first franchise expansion of Lynex, the leading liquidity protocol on Linea, Ocelex builds on proven foundations with over $3.5 billion in trading volume. Ocelex introduces Automated Liquidity Management (ALM) aggregation to simplify liquidity management through automated strategies.
Strategic Partnerships and Pre-Launch Momentum
Even before its official launch, Ocelex has established key partnerships and secured significant Total Value Locked (TVL). Partnerships include:
- EtherFi, Kelp, and Renzo for LRTs.
- Lido and StakeStone for LSTs.
- StakeStone and Elara for integrated liquidity flows.
This pre-launch performance underscores Ocelex’s potential role in Zircuit’s ecosystem growth. With a current TVL of $4.6M and total trading volume of $13.3M, it has already secured a solid foothold in the DEX category.
A Community-First Approach
Ocelex follows a community-centric strategy with an airdrop that prioritizes long-term alignment. 45% of Ocelex’s initial supply will be airdropped to Lynex veLYNX holders.
The Upcoming Public Sale
The Ocelex public sale begins on December 9th at 10:00 UTC and will run for 60 hours in a Dutch auction format, with a starting price of $0.30 decreasing to $0.06.
Ocelex's Growth Potential
Ocelex has the opportunity to secure substantial TVL on Zircuit, which has over $2.5B TVL.
Key Metrics for Ocelex
- Dominant Case: $1.039B TVL (41.56%)
- Moderate Case: $117.5M TVL (4.7%)
- Conservative Case: $36.75M TVL (1.47%)
With an FDV range of $6M to $30M, Ocelex represents an undervalued opportunity for early participants.
The Future of DeFi with Ocelex and Zircuit
Ocelex aims to serve as a cornerstone for DeFi activity, combining Lynex’s successful model with Zircuit’s technical infrastructure.
About Ocelex
Ocelex democratizes sophisticated liquidity strategies, seamlessly connecting everyday traders with expert-level capabilities.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.