Mercury Portal is building an onchain exchange with spot aggregation, aiming for a fast transaction experience and native EVM integration. The project is focused on encouraging traction and awareness for new projects while prioritizing security and avoiding scams. It features DAO governance, IA Generator integration for NFTs, partnerships with PAAL-AI and GATE Labs, aggressive marketing, and 0% fees for buying and selling. It's a Layer-2 solution on the ERC network.