autorenew
DefiLlama Now Tracks JaceSwap on X Layer: Emerging Hub for Meme Coin Launches and DeFi Innovation

DefiLlama Now Tracks JaceSwap on X Layer: Emerging Hub for Meme Coin Launches and DeFi Innovation

Hey there, meme token fans and DeFi explorers! If you're keeping an eye on the latest in blockchain tech and those viral memecoins, you've probably caught wind of a fresh development. DefiLlama, the go-to platform for tracking decentralized finance (DeFi) metrics, just announced they're now monitoring JaceSwap on X Layer. This could be a game-changer for anyone diving into meme tokens, so let's break it down in simple terms.

DefiLlama announcement graphic for tracking JaceSwap on X Layer with TVL of $27,155

The Big Announcement from DefiLlama

On August 28, 2025, DefiLlama tweeted that they're officially tracking JaceSwap, tagging the project's handle @WoofingJace and the blockchain @XLayerOfficial. They described JaceSwap as a "VE33 Dex on X Layer," and at the time, it boasted a Total Value Locked (TVL) of around $27,155. TVL, for those new to DeFi, is basically the total amount of assets staked or locked in a protocol—it's a key indicator of a project's size and activity.

This tracking is a big deal because DefiLlama is like the Bloomberg of DeFi: open, transparent, and ad-free. When they add a protocol, it often signals legitimacy and attracts more users and liquidity. For JaceSwap, being listed means better visibility, which could pump up its TVL and trading volume.

What is JaceSwap? A Quick Explainer

JaceSwap is a decentralized exchange (DEX) built on X Layer, which is OKX's Ethereum Layer 2 blockchain designed for speed and low fees. What sets it apart is its VE(3,3) model—short for "vote-escrowed (3,3)"—inspired by protocols like Solidly. In plain English, this means token holders can lock their tokens to vote on which liquidity pools get rewarded with emissions (new tokens). Voters earn a share of trading fees, creating a flywheel where liquidity providers and voters both benefit. It's a clever way to incentivize long-term holding and deep liquidity.

But JaceSwap isn't just any DEX; it's got a fun, meme-infused twist. Powered by the $JACE token, which bills itself as the "ultimate Woofing-powered memecoin," the platform leans into the playful side of crypto. The project's avatar? A smirking, orange Pepe the Frog variant—classic meme culture right there.

Meme Coin Connections: Launchpads and Tools Galore

Here's where it gets exciting for meme token enthusiasts. JaceSwap isn't isolated; it's part of an ecosystem tailored for launching and trading memecoins on X Layer. Check out these integrated tools:

  • Meme Coin Launchpad: Deploy your own ERC20 memecoin on X Layer's mainnet with ease. Low fees and high performance make it ideal for quick, viral launches.
  • WSTAR Launchpad: Wrap STAR tokens into WSTAR, deploy memecoins, and add liquidity directly on JaceSwap.
  • JOKB Launchpad: Similar setup for creating custom tokens and bootstrapping liquidity.
  • JaceFun: A streamlined tool where 80% of your input goes to buying tokens and 20% to liquidity provisioning.

Plus, practical features like:

  • LP Locker: Lock liquidity pools to build trust and earn fees.
  • TXNS Management: Batch buy tokens across multiple wallets with randomized amounts—perfect for avoiding front-running.
  • Telegram Bot: Trade right from Telegram groups for that seamless, community-driven vibe.

These tools make JaceSwap a one-stop shop for meme coin creators and traders, lowering barriers and fostering innovation in the meme space.

Why This Matters for Meme Token Investors

With DefiLlama's stamp of approval, JaceSwap could see an influx of liquidity and users, especially as X Layer grows. Meme tokens thrive on hype, community, and easy access—JaceSwap delivers all that with its launchpads and DeFi mechanics. If you're into memecoins like Pepe or Doge variants, keep an eye on $JACE; it's the governance and reward token here, potentially capturing value as the platform expands.

Of course, early-stage projects like this (with a modest $27k TVL) come with risks—always DYOR (do your own research). But for blockchain practitioners looking to level up, this is a prime example of how DeFi and memes are merging to create accessible, fun tech.

Looking Ahead: Potential Growth on X Layer

X Layer itself is worth noting—it's a zkEVM chain backed by OKX, offering Ethereum compatibility with faster transactions. As more DEXs and apps build on it, ecosystems like JaceSwap could explode. DefiLlama's tracking might just be the spark.

If you're ready to explore, head over to JaceSwap or join their Telegram. Stay tuned to Meme Insider for more updates on meme tokens and DeFi trends—who knows what viral hit launches next?

You might be interested