edgeX Revolutionizes Decentralized Trading with On-Chain Experience
edgeX is an innovative decentralized exchange (DEX) that aims to bring the experience of a centralized derivatives exchange on-chain. The platform, launched in 2024, offers users a seamless trading experience with features such as order books, deep liquidity, and mobile apps.
The key attraction of edgeX is its offering of perpetual contracts linked to various assets, including cryptocurrencies, stocks, commodities, and forex. This allows traders to move from one asset to another without funding separate brokerage accounts.
edgeX's V2 system, built around faster execution and Ethereum-backed settlement, has improved the platform's performance. Circle Ventures is a strategic investor in edgeX.
The platform's self-custody model and reward programs are also notable features. Users can connect their standard crypto wallets or create an MPC wallet through email login without undergoing Know Your Customer (KYC) checks. However, regional restrictions still apply, and perpetual trading is unavailable in the United States and certain other jurisdictions.
edgeX's fees are competitive, with base perpetual fees at 0.04% for makers and takers. The platform offers over 150 perpetual markets, including crypto, equities, gold, silver, oil, and a JPY forex perpetual that remains open 24/7.