Etherex is a decentralized spot and perpetual DEX built on Linea, leveraging Ramses v3 technology for high performance and user-aligned incentives. As a “metaDEX,” it employs an x33 tokenomic model—distributing 100% of liquidity rewards to LPs and 100% of trading fees to xREX governance token holders. Originating from Nile Exchange, Etherex integrates concentrated liquidity, transparent governance, and full on-chain incentive alignment to foster deep liquidity and sustainable DeFi on an Ethereum Layer‑2.