The decentralized derivatives trading platform edgeX, incubated by Amber Group, has recently officially launched its mainnet, bringing a brand-new decentralized derivatives trading experience to global users. edgeX is an efficient modular financial system, aiming to build a decentralized, high-performance, and feature-rich derivatives trading system through various components and Lego-like modules.
edgeX is incubated by Amber Group, which was founded in 2017 and is headquartered in Hong Kong. Amber Group is a compliant global leading liquidity market maker and digital asset management company, managing assets of around $5 billion and serving clients including about 30 banks and 2,000 institutions, with operations spanning globally and having branches in Taipei, Seoul, Vancouver, and Singapore. As of June 2024, Amber Group's cumulative trading volume has exceeded $20 trillion. The combination of Amber Group and edgeX provides edgeX with a strong backing and support in terms of liquidity, security, and stability.
Powerful Team and Excellent Technology
The edgeX team is composed of a group of professionals with rich experience in cryptocurrency trading and traditional finance, coming from renowned financial institutions such as Morgan Stanley, Barclays, Goldman Sachs, and Bybit, and having up to 7 years of exchange operation and trading experience. edgeX has also gathered a team of world-class technical developers and security experts, ensuring that the platform maintains industry-leading performance and security. The core development team of edgeX has endowed it with unique competitive advantages, enabling it to adapt quickly to market changes and drive innovation.
Innovative Modular Financial Ecosystem
Within the edgeX ecosystem, the first MVP - edgeX Exchange - has already been launched, and many other application products and modular components are being rolled out successively.
edgeX Telegram Bot: This Bot is based on the Ton ecosystem, supports multi-chain trading, and is interconnected with the edgeX platform. Users can trade any MEME tokens and emerging assets on the edgeX Bot, providing a more convenient trading method.
edgeX Leverage: Supports trading of various underlying assets, including US stocks, foreign exchange, and commodities futures. Users can choose to purchase 3X/5X leverage products and ETF indices, thereby achieving a diversified investment portfolio.
edgeX Epool: As a B2B financial product of edgeX, Epool earns profits by providing asset management and liquidity services to multiple derivatives trading platforms, and shares these profits with holders of edgeX platform tokens and users who deposit funds.
edgeX Lend: Through cooperation with platforms like Aave and Compound, users can efficiently combine their assets to maximize their returns.
edgeX Insurance: edgeX provides an innovative liquidation insurance service, where users can receive 2 times the payout if their purchased insurance is triggered by a liquidation, significantly reducing user risk and loss.
Decentralized Financial Revolution Towards the Future
edgeX is not only a decentralized derivatives trading platform, but also a modular financial system. By combining various financial modules, edgeX provides developers and users with a variety of plugin combinations, forming an open-source application marketplace, greatly promoting the formation of an open-source derivatives trading system and accelerating the rapid development of the decentralized derivatives market.
The size of the derivatives trading market in the crypto market is 4-5 times that of the spot trading market, and the decentralized derivatives market still has at least tens of times the growth potential. In this huge market, edgeX, with its powerful technical architecture and innovative model, will become an undeniable force in the market.
