edgeX to Launch Token as Perp DEX Competition Heats Up

News Flash 2026-03-25 16:59

edgeX, the last of the four major Perp DEX platforms yet to issue a token, is set to conduct its Token Generation Event (TGE) by the end of the month. The $EDGE token is already listed on Binance and has a roadmap for Coinbase, marking edgeX as a comprehensive CEX project. With this launch, all top four Perp DEX projects will have their tokens in circulation, signaling the start of intensified competition in the sector. Despite Hyperliquid's current lead in user base and trading volume, Perp DEX platforms only account for less than 5% of total crypto users, yet contribute 15% of the market's trading volume. edgeX aims to capitalize on this by enhancing user experience and convenience, particularly through its superior app interface compared to its competitors, which primarily focus on web-based platforms. Additionally, edgeX's one-stop product offerings, including stocks and commodities, have shown significant trading volume, with gold and silver reaching over $650 million in 24-hour trading. edgeX plans to initiate a treasury buyback post-token launch, with $192 million in treasury funds, half of which is allocated for buybacks. This strategy mirrors successful market entries by $HYPE and $ASTER. Furthermore, edgeX has partnered with Circle to offer a USDC deposit program with a 10% APY, though limited to a $30 million pool.

Share to:

This content is for informational purposes only and does not constitute investment advice.

Curated Series

SuperEx Popular Science Articles Column

SuperEx Popular Science Articles Column

This collection features informative articles about SuperEx, aiming to simplify complex cryptocurrency concepts for a wider audience. It covers the basics of trading, blockchain technology, and the features of the SuperEx platform. Through easy-to-understand content, it helps users navigate the world of digital assets with confidence and clarity.

Unstaked related news and market dynamics research

Unstaked related news and market dynamics research

Unstaked (UNSD) is a blockchain platform integrating AI agents for automated community engagement and social media interactions. Its native token supports governance, staking, and ecosystem features. This special feature explores Unstaked’s market updates, token dynamics, and platform development.

XRP News and Research

XRP News and Research

This series focuses on XRP, covering the latest news, market dynamics, and in-depth research. Featured analysis includes price trends, regulatory developments, and ecosystem growth, providing a clear overview of XRP's position and potential in the cryptocurrency market.

How do beginners trade options?How does option trading work?

How do beginners trade options?How does option trading work?

This special feature introduces the fundamentals of options trading for beginners, explaining how options work, their main types, and the mechanics behind trading them. It also explores key strategies, potential risks, and practical tips, helping readers build a clear foundation to approach the options market with confidence.

What are the risks of investing in cryptocurrency?

What are the risks of investing in cryptocurrency?

This special feature covers the risks of investing in cryptocurrency, explaining common challenges such as market volatility, security vulnerabilities, regulatory uncertainties, and potential scams. It also provides analysis of risk management strategies and mitigation techniques, helping readers gain a clear understanding of how to navigate the crypto market safely.