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Zurich, Switzerland, December 6, 2024, Chainwire
Ocelex is positioned to launch as MetaDEX and liquidity layer on Zircona zkEVM-based Layer 2 ecosystem designed for scalability and security. With emphasis on capital-saving innovation, community participationAnd 100% revenue sharing among token holdersOcelex aims to create a transparent and inclusive DeFi environment.
Zircuit’s infrastructure, which includes AI-based sequencer security, provides a solid foundation for decentralized applications. Recent developments, such as the Token Generation Event (TGE) of the $ZRC token, have brought attention to the ecosystem. The launch of Ocelex will leverage this momentum to establish itself as Zircuit’s leading decentralized exchange, prioritizing liquidity, accessibility, and growth within the DeFi sector.
Ocelex as the first Lynex extension
As the first franchise extension of Lynex, the leading liquidity protocol on Linea, Ocelex builds on a proven foundation. Lynex has completed over $3.5 billion in trading volume and distributed $7.5 million in revenue to token holders, positioning it as one of the highest performing ve(3,3) DEXs. Ocelex continues this legacy by introducing Automated Liquidity Management (ALM) Aggregationa feature designed to simplify liquidity management through automated strategies. This approach reduces risks such as fleeting losses while ensuring a consistent return for liquidity providers (LPs).
Strategic partnerships and pre-launch dynamics
Even before its official launch, Ocelex has established key partnerships and achieved significant total value locked (TVL). These partnerships include:
- EtherFi, Kelp and Renzo for LRT (Liquidity Replenishment Tokens).
- Lido and StakeStone for LST (Liquid Staking Tokens).
- StakeStone and Elaratwo leading money market protocols to ensure transparent and integrated liquidity flows to users.
Ocelex’s strong performance ahead of launch highlights its potential to play a key role in growing 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 strong foothold in the DEX category.
A community-focused approach
Ocelex follows Lynex’s community-centric strategy with an airdrop that prioritizes long-term alignment. 45% of Ocelex’s initial supply will be airdropped to Lynex veLYNX holders who have locked the tokens for a year or more. This approach rewards loyal participants while promoting ecosystem stability. veLYNX locking has historically provided some of the most consistent returns among ve(3,3) protocols, a trend that Ocelex aims to replicate.
The next public sale
The Ocelex public sale begins on December 9 at 10:00 UTC and will operate for 60 hours in a Dutch auction format. The auction guarantees a fair price in the market, starting at $0.30 and decreasing to $0.06.
Key sale details:
- Tokens for sale: 2,000,000 $OCX (2% of the initial offer).
- Minimum price: $0.06 | Initial price: $0.30.
Following the sale, the Token Generation Event (TGE) will begin, marking the start of liquidity mining and token distribution to pre-miners and airdrop recipients.
For a full overview of the public sale, refer to this article or watch the accompanying short video.
Ocelex public sales projections
Ocelex’s Dutch public auction lets the market decide its valuation and launch price, starting at $0.30 and decreasing linearly to $0.06.
Recipients of community airdrops, who will receive 50% of the initial supply in the form of governance tokens, will also benefit from higher sale prices. With interest in Ocelex as the next big ve(3,3) DEX on Zircuit, the auction should be very competitive, following in the footsteps of Lynex, Aerodrome and Thena.
Ocelex growth potential
Ocelex has the potential to achieve substantial TVL on Zircuit, a network with over $2.5 billion in total value locked (TVL). This potential is inspired by the success of other ve(3,3) protocols:
- Aerodrome: Obtained 41.56% of Base’s $3.85 billion TVL ($1.6 billion), with an FDV of $2.5 billion. Ocelex could reach $1.039 billion TVL with a similar share.
- Lynex: Controls 4.7% of Linea’s $494 million TVL ($23.2 million) with an FDV of $29 million. Ocelex could get $117.5 million in TVL with comparable performance.
- Thena: Captures 1.47% of BNB Chain’s $5.8 billion TVL ($85 million) with an FDV of $565 million. Ocelex could reach $36.75 million TVL with this action.
Ocelex key indicators:
- Dominant case: $1.039 billion TVL (41.56%).
- Moderate case: $117.5 million TVL (4.7%).
- Conservative case: $36.75 million TVL (1.47%).
With an FDV range of $6 million to $30 millionOcelex presents an undervalued opportunity for early entrants, especially compared to Aerodrome’s $2.5 billion FDV or Thena’s $565 million.
The Future of DeFi with Ocelex and Zircuit
Ocelex combines Lynex’s successful model with Zircuit’s technical infrastructure, aiming to serve as a cornerstone of DeFi activity. With strong pre-launch momentum, strategic partnerships, and a focus on community alignment, Ocelex is able to deliver value and scalability to users and the DeFi ecosystem as a whole.
About Ocelex
Ocelex is the first extension of the Lynex brand, launched as a franchise on Zircuit, an emerging layer 2. Ocelex democratizes sophisticated liquidity strategies, seamlessly connecting everyday traders with expert-level capabilities. It features a competitive ecosystem of automated liquidity managers (ALMs) and strategists, all striving to maximize returns, minimize risks such as fleeting losses, and improve the overall efficiency of each user.
Users can learn more about Ocelex via the following links
Website: www.ocelex.fi/
DApp: app.ocelex.fi/
X: x.com/OcelexFi
Discord: discord.com/invite/rTkZNbNggh
Contact
Zarolo Vesperal
Océlex
(email protected)
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