About edgeX Exchange

What is edgeX Exchange and why does it matter?

edgeX is an Ethereum Layer-2 exchange incubated by Amber Group, launched in 2023. It focuses on high-performance perpetual futures trading and is evolving into a full settlement chain. Worth noting: despite being tokenless today, it already processes hundreds of thousands of orders per second and generated millions in fees, putting it among the top DEX players. So why does edgeX matter? It’s proving a CEX-like experience is possible in crypto without sacrificing decentralization.

Has the EX token launched yet?

No token exists yet. edgeX runs on a points-based airdrop campaign called Open Season, with a Token Generation Event (TGE) expected in Q4 2025. Community speculation suggests the symbol might be EX, though this remains unconfirmed. Unlike most crypto projects, there’s been no early venture allocation—the token distribution will be primarily community-driven.

How will tokenomics and allocation work?

Detailed tokenomics haven’t been disclosed. However, market participants expect an FDV between $2–2.4B at launch. Early hints suggest 20–35% of tokens could be allocated to points holders. What makes this interesting is the absence of venture capital pre-allocations—edgeX is leaning into a community-first token model, quite rare in crypto.

What’s the plan for vesting and unlocks?

Since the token isn’t live, no vesting schedule exists. Instead, accumulated points will convert into tokens once the TGE occurs. Distribution happens weekly via the Open Season program, with calculations at Wednesday 00:00 UTC and allocations released at Wednesday 08:00 UTC. If you’re wondering when unlock pressure might hit—most of it will cluster right around launch.

Who are the investors behind edgeX?

edgeX is incubated by Amber Group, a NASDAQ-listed digital asset company with $628M raised. It also received strategic backing from Ryze Labs. No traditional fundraising rounds or token sales have been disclosed. This incubation gives edgeX deep liquidity, institutional expertise, and professional market-making right from the start.

How does trading work on edgeX today?

The exchange currently offers 95+ trading pairs with leverage up to 100x. Big names like BTC/USD, ETH/USD, and SOL/USD sit alongside niche tokens like PUMP/USD and HYPE/USD. Latency is under 10ms, fees start at 0.015% (makers), and liquidity depth often outpaces rivals like Hyperliquid and Aster. For a project still tokenless, that’s a strong signal of traction.

Are there airdrops or campaigns?

Yes. The edgeX Open Season is the flagship campaign. Traders earn points via trading volume, referrals, open interest, and feature usage. There’s also a referral bonus: you’ll earn 1 point for every 5 points your referred users collect. Extra metrics like vault deposits, liquidations, maker activity, and even messenger contributions also play a role in distribution.

What role does edgeX play in the broader ecosystem?

edgeX positions itself as a professional-grade bridge between CEX and DeFi. It uses StarkEx rollup technology for scalability, with MPC logins and mobile apps to onboard users. Beyond perpetuals, spot trading and vault strategies are on the roadmap, plus cross-chain liquidity modules to unify DeFi access. In short, it’s building a financial layer, not just another DEX.

What risks should users and investors consider?

There are several. Technically, reliance on StarkWare creates a dependency risk. Regulatory scrutiny looms, as running a global DEX without KYC may invite challenges. Financially, offering 100x leverage exposes users to liquidation cascades. And strategically, edgeX leans heavily on Amber Group for liquidity. Competition from Hyperliquid and others also can’t be ignored.