1. The current leading contract exchange is Hype; at that time, a casual interaction could yield tens of thousands of dollars in Hype airdrops. On-chain contracts are the trend; one Hype cannot consume all the contract market, and there will inevitably be later entrants to share the contract market. Recently, I discovered a dark horse similar to Hype: Edgex. The reason I call Edgex a dark horse is that it resembles Hype from back in the day, for example, they do not advertise and belong to a small group of people quietly using the product. For instance, the product capability is strong, the Edgex interface is very smooth, and it has already launched an app. Moreover, Edgex's trading volume is already in the first tier, but not many people discuss it in the Chinese community. All signs indicate that Edgex is the next dark horse in on-chain contracts.
2. Edgex is a decentralized perpetual contract exchange based on an order book, with a trading processing speed of 20,000 TPS and a matching delay of less than 10 milliseconds. I have never experienced any lag using Edgex; if you have used other on-chain contract exchanges, you will understand how smooth Edgex is. Edgex is incubated by Amber Group and raised about 10 million dollars in 2024, with team members from Morgan Stanley, Bybit, and Huobi, possessing rich experience in derivatives markets and trading product development.
3. Currently, Edgex's trading volume is already in the first tier, but the discussion volume is relatively low, making it a good time for us to ambush airdrops. You can interact with Edgex with dozens of dollars or thousands of dollars; if you only have a few dozen dollars, you can spend more time to achieve a few thousand dollars' effect. Below is the interaction process.
4. Withdraw any amount of USDT and 0.0003 ETH (about 1 dollar, used for gas fees) from a centralized exchange to the ARB mainnet wallet.
5. Registration: Open the official website pro.edgex.exchange/referral/339791758, click 'connect wallet' to connect your wallet (Metamask or other wallets are fine), then click 'Agree and continue', and then click 'send request'.
6. Recharge: Click on 'Recharge' in the upper right corner, then select 'Arbitrum', 'USDT', enter the amount of USDT you want to recharge, click 'Enable USDT', and finally click 'Recharge Confirm'. For example, I recharged 1000 USDT here.
7. Trading: Select the leverage multiplier on the right, enter the amount of BTC for trading, and click to go long or short to start trading. After a while, click 'Market Price' below to close the trade. For example, I chose 8x leverage, trading 0.064 BTC, going short.
8. This is the complete tutorial for trading on Edgex. When trading on Edgex, you can hedge on other exchanges to avoid trading losses. For example, going long on Edgex while going short on Binance. The larger the trading volume, the more airdrops you will receive in the future. If there are any unclear areas, feel free to leave me a message, and I will answer them one by one.