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Home Articles DeXe Surges Past $1B TVL Following Staking Feature Launch

DeXe Surges Past $1B TVL Following Staking Feature Launch

Nelson Adebowale
Nelson Adebowale
As a pioneering crypto investor since 2015, I've experienced this industry's highs and lows firsthand. I was an early adopter who bought Ether for $45 - talk about life-changing! Since then, I’ve written over 1,500 articles on cryptocurrency, blockchain and emerging technologies for clients worldwide. I take a holistic approach to every project, thoroughly researching topics to develop insightful narratives that resonate with audiences. My writing is engaging, easy to understand and designed to capture attention. I strive to simplify complex concepts while maintaining academic rigor through credible sources.
January 12th, 2025


DeXe Protocol’s recent market performance has turned heads in the crypto space, as it recently went beyond $1 billion in Total Value Locked. This surge coincides with a significant expansion of its DAO treasury, which now holds assets worth $752 million. The protocol’s growth trajectory shows a shift from its earlier phases, hinting at a new chapter in the project’s journey.

The addition of 48.5 million DEXE tokens to its treasury signals strong institutional confidence in the protocol’s future. These developments have naturally sparked discussions about the token’s potential value trajectory in the coming months.

DeXe Strategic Evolution Through Staking

DeXe Protocol’s introduction of its staking feature shows how well the project is advancing in terms of community engagement. This launch comes shortly after the protocol’s successful deployment on Ethereum on January 6, 2025. 

Unlike traditional staking mechanisms, this system maintains voting rights for staked tokens while distributing rewards directly from the DAO treasury. This dual functionality ensures that governance participation remains active even as users earn rewards. With the recent addition of 48.5 million DEXE tokens (approximately $720 million) to its DAO treasury, DeXe Protocol has positioned itself to support substantial staking rewards. The total treasury now holds assets worth $752 million, providing a robust foundation for sustainable reward distribution and community incentivization.

The implementation of staking arrives during a period of significant expansion for DeXe Protocol. Following its successful Ethereum integration, the protocol has established itself among the top DAOs globally. This strategic timing creates a powerful framework for sustained growth and community engagement.

Contributors

Nelson Adebowale
As a pioneering crypto investor since 2015, I've experienced this industry's highs and lows firsthand. I was an early adopter who bought Ether for $45 - talk about life-changing! Since then, I’ve written over 1,500 articles on cryptocurrency, blockchain and emerging technologies for clients worldwide. I take a holistic approach to every project, thoroughly researching topics to develop insightful narratives that resonate with audiences. My writing is engaging, easy to understand and designed to capture attention. I strive to simplify complex concepts while maintaining academic rigor through credible sources.