EDGE Token TGE Launches with 25% Supply Airdrop — Perp DEX News

On March 31, 2026 at 20:30 Beijing time, edgeX executed its highly anticipated Token Generation Event, launching the EDGE token and distributing 25% of total supply to community participants.

Launch Details

Launch time: March 31, 2026 at 20:30 BJT (12:30 UTC)
Total supply: 1 billion EDGE tokens
TGE distribution: 25% (250 million tokens) to points and NFT holders
Initial price: ~$0.70
FDV at launch: ~$700 million

Token Allocation

The full EDGE tokenomics:

25% Genesis Distribution — airdropped to XP points holders and NFT holders at TGE
Up to 5% Pre-TGE Season — trading rewards earned before launch
70% remaining — allocated across Ecosystem & Community, Core Contributors, and Foundation with vesting

Exchange Listings

EDGE launched simultaneously on multiple exchanges:

Pre-market trading was already live on MEXC, XT, and WEEX since March 20
Full spot trading activated across major platforms at TGE

Price Performance

EDGE showed strong post-launch momentum:

Launch: ~$0.70
Week 1: Surged 148% to $1.16 all-time high
Trading volume: Spiked to $357 million daily
Market cap: Reached approximately $375 million

Platform Metrics at Launch

edgeX entered its TGE as one of the largest perp DEXes by volume:

$2.28B daily trading volume
$775M open interest
200,000 orders per second
V2 live with spot, stock perpetuals, and prediction markets

What's Next

With the token live, edgeX plans to activate governance, expand the EDGE Chain (currently in beta on Arbitrum), and integrate staking mechanisms. The EDGE token is expected to serve as the governance and utility token across edgeX's growing product suite.