what's Nemesis?
Nemesis is a decentralized exchange (DEX) project built on the Base blockchain, focusing on Internet Capital Markets to enable spot-based longs, shorts, swaps, and yield functionalities in one platform. It emphasizes permissionless liquidity pools for ERC-20 tokens, aiming to create a new market layer accessible via fair launch mechanisms. The project integrates play-to-earn elements with DeFi, where users can participate in governance and rewards through its ecosystem. Central to Nemesis is the Nemesis Arena Tickets, a collection of 2,100 programmatically generated NFTs with Greek-Roman aesthetics and unique traits/rarity tiers. These NFTs serve as keys to exclusive token presales, airdrops, and early access, fostering community engagement ahead of the $NEMESIS token launch.
Nemesis reached the number one spot on DEXScreener.
Named as a winner in the EF Pitchfest at ETHDenver 2026.
Reaches number one spot on DEXScreener, a major DEX trading pair aggregator.
Pre-Seed funding round previously reported on October 30th raised $20M, with current fully diluted valuation at $3.5M.
Ranks first by transaction count among all tokens traded on Definitive last week.
Completes Pre-Seed funding round led by LYV Capital and District with undisclosed amount.
Whitelist fundraising campaign completes, with participants receiving 380,952 tokens per 0.05 ETH whitelist ticket and achieving 15x returns from initial investment.
Tokens are being distributed during ongoing presale and third parties are adding liquidity, causing price disruption.
ICO launches at 4.20pm UTC on October 29th on Base chain.
Token distribution breakdown announced as 80% public allocation, 15% liquidity, and 5% airdrop, backed by District which has a16z support.
Snapshot for ICO allocation happens in a few hours with ICO valuation of 600K, while whitelist tickets now trade at 0.25 ETH on secondary market.
TGE for $NEMESIS token coming soon on Base chain with starting FDV of 420K, whitelist tickets give 0.05 ETH of tokens and are selling on secondary for around 0.2 ETH.
Nemesis Arena gains 57% and ranks as top mover in NFT market on October 21.