Telegram (AI) YouTube Facebook X
Ру

edgeX Launches Ecosystem Focusing on Non-Custodial and Private Trading

DeFi project edgeX has unveiled an ecosystem for tokenized assets and margin trading, according to a press release.

The edgeX team has not allocated project tokens to external funds. The only way to acquire them is through the edgeX Points program, which rewards active users and community members.

The project offers a comprehensive solution based on three key components:

  • edgeX Exchange — a high-performance decentralized exchange;
  • edgeX Chain — a proprietary L2 solution based on Ethereum;
  • edgeX eStrategy — an on-chain asset management strategy that combines DeFi and CeFi approaches to enhance capital efficiency and generate yield.

Users can interact with the ecosystem via a web interface and mobile applications for iOS and Android, supporting cross-chain deposits and withdrawals.

All funds are stored in smart contracts and are accessible only through users’ wallets. There is no requirement for KYC.

“Transactions are confirmed using ZK-proofs and settled on the Ethereum network, making the data publicly verifiable and tamper-resistant. Independent decentralized oracles provide a fair asset price, protecting traders from manipulation and forced liquidations. Even if the interface is unavailable, users can trade or withdraw funds directly from smart contracts,” project representatives stated.

According to the developers, edgeX Exchange can process up to 200,000 orders per second with a latency of less than 10 ms. The platform already supports advanced trading tools, including trailing take-profit and stop-loss.

The first on-chain vault is already distributing profits from market-making and fees, with an advertised annual yield of 197% APR. In the future, the project’s revenue will be distributed among token holders.

Earlier, ForkLog explored the features of Fusaka, an Ethereum update planned for the end of the year.

Social media:

X: https://x.com/edgeX_exchange

Discord: https://discord.gg/edgeX

Telegram: https://t.me/edgeX_exchange

Medium: https://medium.com/@edgexexchange

Подписывайтесь на ForkLog в социальных сетях

Telegram (основной канал) Facebook X
Нашли ошибку в тексте? Выделите ее и нажмите CTRL+ENTER

Рассылки ForkLog: держите руку на пульсе биткоин-индустрии!

We use cookies to improve the quality of our service.

By using this website, you agree to the Privacy policy.

OK