24h Volume
$1.26B
+64.6% 24hOpen Interest
$879M
Fee
Mar 2026 — May 2026 · 80 days
High-performance perp DEX leveraging an off-chain matching engine with on-chain settlement. Focused on low-latency trading.
$EDGE
Launched (Mar 31, 2026)
70%
EDGE token live since March 31, 2026. Controversial launch — Arkham revealed ~$94.6M went to ~80 partner wallets. Team responded with 14% supply lock and $2M+ buyback-and-burn. Token surged to $1.16 ATH despite backlash.
Weekly — snapshot Tuesday, rewards Wednesday
EDGE TGE: March 31, 2026. 25% of 1B supply airdropped. 141.6M tokens locked for 1 year after allocation controversy. FDV ~$1B.
Amber Group (~$5B AUM)
edgeX is a high-performance perpetual DEX that combines an off-chain matching engine with on-chain settlement on Ethereum L2, optimizing for execution speed above all else. Launched in August 2024 and backed by Amber Group (managing approximately $5 billion in assets), it targets professional traders who demand ultra-low latency.
The platform offers 101 markets with up to 100x leverage, charging 0.02% maker and 0.05% taker fees. The off-chain matching engine processes orders at speeds comparable to centralized exchanges, while settlement occurs on-chain to preserve self-custody guarantees. This hybrid approach trades some decentralization for significantly faster execution.
edgeX operates a dual-token system: $MARU and $EDGE. The MARU token TGE is planned for March 2026, with $EDGE serving as the governance token planned for later in 2026. The community allocation stands at 70% — one of the highest in the space — making it an attractive target for airdrop farmers during the pre-TGE period.
The platform uses 8-hour funding intervals, less frequent than the 1-hour standard adopted by many competitors, resulting in larger but less frequent funding payments. Weekly point distributions (snapshots on Tuesday, rewards on Wednesday) incentivize consistent trading activity across approximately 13,669 active addresses.
edgeX suits active traders who prioritize execution speed and are comfortable with an off-chain matching model. Its generous pre-TGE community allocation also makes it compelling for users seeking to farm upcoming token distributions.
Hyperliquid and edgeX are both orderbook DEXes, but they differ fundamentally in architecture. Hyperliquid matches orders fully on-chain on its own L1, while edgeX uses an off-chain matching engine with Ethereum L2 settlement.
Aster and edgeX are both orderbook DEXes targeting high-leverage traders, but Aster operates on BNB Chain with up to 1001x leverage, while edgeX focuses on low-latency execution on Ethereum L2.
edgeX and Lighter are both Ethereum L2 orderbook DEXes, but they optimize for different things. edgeX prioritizes execution speed with an off-chain engine, while Lighter achieves zero trading fees with a fully on-chain orderbook.
edgeX and Jupiter Perps differ in chain, architecture, and scope. edgeX runs a low-latency orderbook on Ethereum L2, while Jupiter Perps provides oracle-based perps integrated into Solana's leading aggregator.
edgeX and dYdX are both orderbook-focused perp DEXes, but dYdX runs a fully decentralized orderbook on its own chain, while edgeX uses an off-chain engine on Ethereum L2 for speed.
edgeX and GMX v2 trade off between execution models: edgeX runs a fast off-chain orderbook on Ethereum L2, while GMX v2 uses oracle-based isolated pools on Arbitrum with multi-collateral support.
edgeX and Drift serve different trader profiles: edgeX optimizes for speed and leverage on Ethereum L2, while Drift offers a comprehensive Solana DeFi suite with maker rebates.
edgeX and SynFutures take different technical approaches: edgeX uses a fast off-chain orderbook on Ethereum L2, while SynFutures deploys an Oyster AMM with permissionless market creation on Base.
edgeX and ApeX are both Ethereum L2 orderbook DEXes, but they use different underlying technology. edgeX runs an off-chain matching engine, while ApeX is built on StarkEx's ZK-rollup infrastructure.
edgeX and Gains Network cater to different trader needs: edgeX focuses on crypto perp execution speed on Ethereum L2, while Gains Network provides the widest asset diversity across three chains.
Kinetiq Markets and edgeX target different market segments. Kinetiq focuses on TradFi assets (equities, indices, forex) on Hyperliquid, while edgeX offers 101 crypto perpetual markets with an off-chain matching engine.
