what's Lynex?
Lynex is a decentralized exchange (DEX) and automated market maker (AMM) built as the native liquidity layer on the Linea blockchain. It integrates advanced features inspired by protocols like Curve, Convex, and Velodrome to provide efficient liquidity provisioning, swapping, and yield farming. Users can provide liquidity to pools, earn rewards through emissions and fees, and participate in governance via token locking. The protocol supports single-sided staking, multi-reward incentives, and gauge voting systems where locked tokens (veLYNX) direct emissions to specific pools. Lynex emphasizes community ownership, with mechanisms for locking $LYNX to gain voting power and earn from trading fees and bribes. It collaborates with Linea ecosystem projects for enhanced yields and has grown through campaigns like Surge for points and rewards. Lynex's infrastructure leverages tools from partners like Gamma Strategies for concentrated liquidity and focuses on low-slippage trades and high capital efficiency on Layer 2 scaling.
Lynex launched new features simplifying reward claiming, redeeming, and locking.
contract
linea
USDC/MENDI Classic Volatile pool offers 3% APR on Lynex as of February 23, 2026.
LINEA/WETH Single Deposit (LINEA) pool offers 126% APR on Lynex as of February 23, 2026.
Reached $2.6M in trading volume during Epoch 104.
Distributed $3,756 in fees to veLYNX voters during Epoch 104.
Distributed $7,513 in rewards to veLYNX voters during Epoch 104, achieving 79.94% average voting APR.
Epoch 106 began on 2026-02-26, with Epoch 105 rewards available for veLYNX voters to claim.
WBTC/WETH Single Deposit wBTC pool offers 19% APR yield as of February 23, 2026.
WBTC/WETH Gamma (Narrow) pool offers 26% APR as of February 23, 2026.
LYNX/WETH Single Deposit WETH pool offers 11% APR yield as of February 16, 2026.
weETH/WETH Gamma (Correlated) pool offers 3% APR yield as of February 16, 2026.
USDC/LYNX Single Deposit USDC pool offers 6% APR as of February 16, 2026, and 3% APR as of February 23, 2026.
Achieved $5.1M in total trading volume during Epoch 103.
Completed Epoch 103, distributed $6,470 in rewards to veLYNX voters, and entered Epoch 104.
Launched two new features that simplify claiming, redeeming, and locking rewards on the platform.
Offers LINEA/USDT single deposit pool with 95% APR on LINEA as of January 26, 2026.
Achieved $4.8M in total volume during Epoch 100.
Entered Epoch 101 on January 22, 2026, with veLYNX voter rewards available for claiming from the previous Epoch 100.
Recorded $5.5M in trading volume during Epoch 99.
Launched a campaign with Toads_Society on Linea featuring a prize pool exceeding $1,200 in DTC, LINEA, bveLYNX tokens, and 10 Toad NFTs distributed to 50 winners, running until January 30, 2026.
Achieved $3.6M in trading volume during Epoch 97.
Completed Epoch 97 and began Epoch 98, with rewards now available for veLYNX voters to claim.
Hosts weekly poker tournaments every Thursday on Zoo Felines Discord with a prize pool of $50 in bveLYNX tokens distributed across top three finishers, with first tournament scheduled for 2025-12-26.
Updated liquidity pool yields show USDC/ETH (Steer H-L Channel) at 436% APR, ZERO/ETH (Single Deposit - WETH) at 417% APR, USDT/ETH (Gamma Narrow) at 314% APR, USDC/ETH (Gamma Narrow) at 230% APR, FOXY/ETH (Single Deposit - WETH) at 229% APR, and USDC/LINEA (Single Deposit - LINEA) at 215% APR.
Epoch 94 wrapped with $7,022 in total rewards distributed, $4M in trading volume, and 87% average voting APR for veLYNX voters.
Hot gauges for this epoch feature FOXY/WETH at 109% APR, WBTC/WETH at 95% APR, and USDC/WETH at 85% APR as epoch flip approaches.
Distributes 403,998 LINEA tokens as voting incentives for veLYNX voters this epoch.
Lynex joins the Linea Build Exponent program, requiring users to complete Proof of Humanity wallet verification at Linea Hub to contribute to leaderboard rankings.
Epoch 93 completed with $8,072 in rewards distributed, $4.8M trading volume, and 97% average voting APR for veLYNX voters.
Allocated 403,998 LINEA tokens as voting incentives across gauges for veLYNX voters in the current epoch.
veLYNX distributes $81,438 in total rewards across Epochs 89-92, with $58,592 from fees and $22,846 from incentives, achieving 160% average voting APR.
Updated liquidity pool yields with USDT/ETH (Gamma Narrow) at 323% APR, USDC/ETH (Gamma Narrow) at 294% APR, ZERO/ETH (Single Deposit) at 255% APR, and USDC/WETH Gamma (Narrow) at 491% APR as of February 23, 2026.
Epoch 92 completes with $13,206 distributed to veLYNX voters and $9M in trading volume.
Top gauges for the current epoch feature WBTC/WETH with 191% Vote APR, LINEA/USDT with 167% Vote APR, and USDC/WETH with 163% Vote APR.
Liquidity pool yields updated with USDC/LINEA (Gamma Narrow) at 368% APR, ZERO/ETH (Single Deposit) at 291% APR, and USDT/ETH (Gamma Narrow) at 246% APR.
Liquidity pool yields updated with USDT/ETH (Gamma Narrow) at 449% APR, USDC/ETH (Gamma Narrow) at 275% APR, and LINEA/USDT (Gamma Narrow) at 259% APR.
Two new liquidity pools launch: mUSD/ETH (Gamma Narrow) and USDC/mUSD (Stable).
Epoch recap shows $18.2M in trading volume and $20,532 distributed to veLYNX voters as the new epoch begins.
Top gauges for current epoch offer Vote APRs of 143% for USDC/WETH (Gamma Narrow), 150% for LYNX/WETH, and 199% for FOXY/WETH, with 404k LINEA incentives available for distribution.
Yield rates updated across multiple pools: LINEA/USDT reaches 638% APR, USDT/ETH at 294% APR, and USDC/ETH at 242% APR.
veLYNX holders have earned nearly $11 million in total rewards from voting.
Active LP opportunities offer 194% yield on USDC/WETH, 164% on USDT/ETH with Turtle Points, and 109% on LINEA/USDT, earning oLYNX and $LINEA rewards that can be locked for veLYNX voting rewards.
Epoch 86 completes with $30M in trading volume and $28K in total rewards distributed to veLYNX voters at an average voting APR of 150%.
veLYNX voters receive approximately $16k in rewards this epoch from three specific gauges with vote APRs of 176% (USDC/WETH Gamma Narrow), 204% (WBTC/WETH Single Deposit), and 201% (USDT/WETH Gamma Narrow).
veLYNX voters share 404,000 $LINEA (~$8.2K) this epoch as voting incentives enter a new phase where rewards will begin to taper after completing four rounds.
Voting incentive program enters tapering phase with 404,000 $LINEA (~$8.2K) distributed this epoch, down from 831,000 $LINEA (~$21K) in Epoch 84.
Voting epoch ends in 24 hours, requiring veLYNX voters to submit their votes before the epoch flips.
Epoch 85 completes with $25M in trading volume and $36K in total rewards distributed to veLYNX voters at an average voting APR of 124%.
Epoch 84 completes with $24M in trading volume and $39K in total rewards distributed to veLYNX voters at an average voting APR of 116%.
veLYNX voters receive 831,000 $LINEA tokens (~$21K) as additional rewards during Epoch 84, with the multi-epoch incentive program scheduled to begin tapering after this epoch.
Final 24 hours remain for Epoch 80 voting before transition to next epoch.
New epoch incentives are loaded with 831,000 $LINEA tokens (~$24K) available as rewards for veLYNX voters.
New Delegation & Auto-Vote feature goes live for veLYNX holders, enabling automated governance participation.
New epoch has flipped and veLYNX voter rewards are now available for claiming.
Monthly trading volume grows 70% from $3.25M to $5.52M daily average, with new LineaBuild integration gaining traction.
Weekly trading volume hits $49.54M with 145% capital efficiency, outperforming larger competitor's 18.8% efficiency.
New LPUSS/WETH volatile pool launches with 172% APR, while existing pools show substantial yield decreases with USDC/WETH leading at 199% APR.
veLYNX voting epoch change occurs in 24 hours, requiring immediate voter participation.
New BOL/ETH pool leads yield farming with 483% APR, followed by USDC/ETH at 206% and USDT/ETH at 179%.
93% of token holders (5,469 users) delegate their voting power, with only 414 manual voters participating in governance.
FOXY/ETH pool leads yield farming opportunities at 352% APR, followed by CROAK/ETH at 208% and ZERO/ETH at 199%.
Current epoch offers record $37.3K in rewards for veLYNX voters, available until 00:00 UTC.
Summer SocialFest 2025 partnership announced with Micro3io, offering $25,000 and 45,000 $LYNX in rewards.
Mid-year metrics show notable decrease in performance with $1.33B total volume, $1.36M fees, and $1.69M rewards distributed, while maintaining 54.85% DEX market share on Linea.
Reward distribution reaches new high of $28K in latest epoch
Active gauge rewards system distributes $16.5K across three pools with USDC/WETH leading at $9.7K.
Total trading volume hits $5.35B milestone with $6.64M in fees collected and $10.3M distributed to veLYNX voters.
New high-yield pools launch with up to 277% APR for USDC/WETH and other major trading pairs.
Multiple high-yield farming pools launch with up to 277% APR for USDC/WETH and 264% APR for USDT/WETH through GammaStrategies.
New airdrop announced: 44% of Catex's initial supply to be distributed as veCATX to veLYNX holders.
Hosting Bravea Protocol's public sale on June 10, 15:00 UTC, expanding synthetic ETH offerings.
New MetaDEX Catex launches pre-mining phase on Unichain with high-yield Uniswap V4 pools offering up to 684% APR through EarlyCATX rewards.
Captures 54% of Linea's DEX volume with $139.7M traded and $173,356 distributed to voters in May.
Monthly DEX volume reaches $139.7M (54% of Linea's total), generating $173K in holder rewards
Trading volume surges to $44M+ in Epoch 64 with $27k in voter rewards available.
$44M+ trading volume generates $64K in rewards for veLYNX holders during latest epoch, showing growth from previous $25M volume and $40K rewards.
Final 24 hours to stake tokens for upcoming Epoch flip.
USDC/LYNX liquidity pool launches with 466% APY yield, leading multiple high-yield Gamma pool offerings.
Epoch 63 delivers $16.9M trading volume with 67% voting APR and $32K rewards distributed.
High-yield farming opportunities available with ZERO/WETH at 163% APR, FOXY/WETH at 132% APR, and USDC/WETH at 68% APR.
Current epoch ends in 24 hours with opportunities for token locking and vote delegation.
Protocol distributes $179,611 in revenue to veLYNX voters across epochs 59-62.
$25M+ trading volume and $40K staking rewards distributed in latest epoch.
$20M+ trading volume in current epoch with $20k in voter rewards available before UTC midnight deadline.
Upcoming airdrop announced for veLYNX holders by Catex_Fi; snapshot pending; larger allocations for longer lock durations.
New stable pools offer up to 40% APR across three trading pairs including ETH and USDC pairs.
$20M+ trading volume and $36K voter rewards distributed in latest epoch.
$34M trading volume in current epoch with $17k in voter rewards available before UTC deadline.
Vote-escrow epoch transition occurs in 24 hours. Active staking required for next epoch voting power.
Trading fees generate $10M+ in voter rewards with sustained 100% APR.
Vote-escrow staking system offers trading fee rewards and eligibility for upcoming Catex_Fi airdrop.
Protocol captures 61% of Linea's DEX volume with $34M+ weekly volume and distributes $44K in rewards.
$48M trading volume in current epoch with $27k in voter rewards available before UTC midnight.
Active governance period closes in 24 hours with options to stake for veLYNX or delegate votes.
Dual rewards yield farming program ending soon, currently offering up to 138% APR across major token pairs.
New dual rewards program launches, adding abcLYNX tokens to existing oLYNX rewards in single-sided pools.
Weekly rewards of $58K currently being distributed to locked token voters through epoch-based system.
New platform Catex_Fi launches on Polygon network, expanding ecosystem reach beyond Linea.
Pre-mining phase launches with $1.35M in incentives across four liquidity pools, offering up to 146% APR for stable pairs, with rewards redeemable for governance tokens at TGE in 6-8 weeks.
New DEX Catex launches on Polygon with pre-mining high APY liquidity provision event, expanding beyond existing Linea presence where $31M volume was processed in current epoch.
Limited-time yield farming opportunity offers triple token rewards (oLYNX, FOXY, ZERO) with up to 210% APR until April 9th.