I've been keeping a close eye on @LineaBuild and I'm excited to see @etherexfi $rex performance...(NFA) -Consensus backing Linea/Joseph Lubin -Sbet coming on chain, on Linea -Etherex is the x33 dex on Linea - 1250% tvl in the last 30 days and growing, just broke 270m and rapidly accelerating -looks fairly undervalued given sbet catalyst coming on chain, that's a few billion in eth coming on chain, so stables/and other assets should definitely follow - fees are generating the most on Linea chain for rex - Sbet will probably deposit eth on @RenzoProtocol, and use that to LP on @etherexfi for capital efficiency - it's 9% lower than ats ATH from 20 days ago - fdv is $194m. Its competitors, like $aero is 1.85B, a ~20x Great interview with @Nomaticcap and @DeFi_Dad with @DeclanFox14 and @trantor2140 about @LineaBuild and @etherexfi: Lubin has said as well that after eth liquidity comes btc and then stables. Metamask is another component. They’re going to have mUSD and they are...
Linea might be one to watch.
Now the 4th largest L2 and just surpassed ZkSync as the largest zkEVM by TVL.
Token launch in September with aligned ETH economics.
Seems like a pillar of the Consensys revenge arc.
And I expect ties with SBET Lubin's $4 billion ETH treasury.
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