On September 13, 2024, edgeX, a decentralized derivatives platform incubated by Amber Group, launched its mainnet, presenting an ecosystem focused on non-custodial trading and privacy. edgeX V1 is a high-performance exchange DEX with an order book that ensures fast transaction execution thanks to the StarkEx Layer 2 infrastructure, which has processed over $1.28 trillion in trading volume. The platform utilizes Zero-Knowledge Rollup for transaction validation on Ethereum, ensuring transparency and security.
A key feature of edgeX is non-custodiality, allowing traders to maintain full control over their assets, avoiding the risks of centralized exchanges like FTX. Independent oracles ensure fair pricing, and the upcoming mobile version will facilitate trading. The ecosystem includes modules such as edgeX Leverage for leveraged trading, edgeX Lend for asset optimization through partnerships with AAVE and Compound, and edgeX Epool for institutional clients. The platform supports multi-chain trading via a Telegram bot integrated with TON. edgeX aims to revolutionize DeFi by offering high liquidity and security.
#edgeX #defi #NonCustodial #cryptotrading #blockchain
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