Etherex, operating on the Linea platform, has reported surpassing $120 million in total value locked (TVL). This milestone was achieved through the implementation of the (3,3) staking mechanism linked to the launch of the REX token.
Achievement of $120M TVL
Etherex has announced exceeding the $120 million TVL mark in early August 2025. This milestone was enabled by the innovative (3,3) staking mechanism that attracts liquidity to the platform. According to one of the representatives, "We’ve crossed $120M TVL on Linea as REX staking ramps via our (3,3) incentives—early liquidity is being rewarded, and we’re just getting started."
Investor Confidence Boost
The rapid increase in TVL has made Etherex a significant player in the Linea ecosystem. The response from stakeholders and investors has been positive, reflecting confidence in the platform's mechanisms and reward structures. This growth also positively impacts the value of the Etherex token and strengthens Linea's position as a competitive Layer 2 solution, attracting further interest from DeFi developers.
Strategies of (3,3) and Future Prospects
Etherex's adoption of the (3,3) strategy mirrors successful DeFi examples like OlympusDAO, where early cooperation in staking led to significant TVL growth. These methods highlight the importance of stakeholder alignment. The current growth trend suggests that Etherex may maintain significant market share on Linea, fostering economic activity and potentially setting precedents for similar incentivization strategies in the future.
By achieving the milestone of $120 million TVL, Etherex demonstrates the success of its staking strategy. This achievement, along with the strengthening investor confidence, underscores its growing role in the DeFi ecosystem.
