The decentralized derivatives trading platform edgeX, incubated by Amber Group, has recently officially launched its mainnet, bringing a new decentralized derivatives trading experience to global users. edgeX is a high-performance modular financial system designed to build a decentralized, high-performance, and fully functional derivatives trading system through various components and Lego modules.
edgeX is incubated by Amber Group, which was founded in 2017 and is headquartered in Hong Kong. It is a compliant global top liquidity provider and digital asset management company, managing approximately $5 billion in assets, serving around 30 banks and 2,000 institutions, with operations covering the globe and branches in Taipei, Seoul, Vancouver, and Singapore. As of June 2024, Amber Group's total trading volume has exceeded $2 trillion. The combination of Amber Group and edgeX provides a strong backing and support in terms of liquidity, security, and stability.
Strong team and excellent technology
The edgeX team consists of a group of professionals with extensive experience in cryptocurrency trading and traditional finance, coming from well-known financial institutions such as Morgan Stanley, Barclays, Goldman Sachs, and Bybit, with a trading exchange operation and trading experience spanning 7 years. edgeX also brings together top global technology development and security teams to ensure the platform maintains industry-leading performance and security. The core development team of edgeX provides unique competitive advantages, enabling it to quickly adapt to market changes and drive innovation.
Innovative modular financial ecosystem
Within the edgeX ecosystem, the first MVP - edgeX Exchange has been launched, along with numerous application products and modular components being released gradually.
edgeX Telegram Bot: This Bot is based on the Ton ecosystem, supports multi-chain trading, and is interoperable 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 bulk futures. Users can choose to purchase 3X/5X leveraged products and ETF indices, achieving a diversified investment portfolio.
edgeX Epool: As a financial product aimed at the B-end by edgeX, Epool earns income by providing asset management and liquidity services to multiple derivatives trading platforms, sharing these earnings 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 returns.
edgeX Insurance: edgeX offers an innovative liquidation insurance service, where users can receive double compensation in the event of a liquidation of the purchased insurance, significantly reducing user risk and loss.
A future-oriented decentralized financial revolution
edgeX is not only a decentralized derivatives trading platform but also a modular financial system. edgeX provides various plugin combinations for developers and users by integrating various financial modules, forming an open application marketplace, greatly promoting the establishment of an open derivatives trading system and facilitating the rapid development of the decentralized derivatives market.
The trading volume of derivatives in the cryptocurrency market is 4 to 5 times that of spot trading, while the decentralized derivatives market has at least several times the growth potential. In this vast market space, edgeX will become an undeniable force in the market with its strong technical architecture and innovative model.