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edgeX: A disruptor of centralized derivatives trading
edgeX
特邀专栏作者
2024-11-07 07:22
This article is about 997 words, reading the full article takes about 2 minutes
edgeX is committed to building a high-performance modular financial system.

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 that aims 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 market maker and digital asset management company with approximately US$5 billion in assets under management. Its service clients include approximately 30 banks and 2,000 institutions. Its business covers the world, with branches in Taipei, Seoul, Vancouver and Singapore. As of June 2024, Amber Group's cumulative total transaction volume has exceeded US$200 billion. The combination of Amber Group and edgeX gives edgeX a strong backing and support in liquidity, security and stability.

Strong team and excellent technology

The edgeX team is composed of a group of professionals with extensive experience in cryptocurrency trading and traditional finance. They come from well-known financial institutions such as Morgan Stanley, Barclays Bank, Goldman Sachs, Bybit, and have 7 years of exchange operation and trading experience. edgeX also brings together the world's top technical development and security teams to ensure that the platform always maintains industry leadership in performance and security. The edgeX core development team gives edgeX a unique competitive advantage, enabling it to quickly adapt to market changes and drive innovation.

Innovative modular financial ecosystem

In the edgeX ecosystem, the first MVP - edgeX Exchange has been launched, and many application products and modular components are being launched one after another.

  • edgeX Telegram Bot: This Bot is based on the Ton ecosystem, supports multi-chain transactions, and is interoperable with the edgeX platform. Users can trade any MEME tokens and emerging assets on edgeX Bot, providing a more convenient way to trade.

  • edgeX Leverage: supports multiple underlying transactions, including US stocks, foreign exchange, and bulk futures. Users can choose to purchase 3X/5X leverage products and ETF indices to achieve a diversified investment portfolio.

  • edgeX Epool: As a financial product of edgeX for the B-side, Epool earns profits by providing asset management and liquidity services to multiple derivatives trading platforms, and shares these profits with edgeX platform token holders and users who deposit funds.

  • edgeX Lend: Through cooperation with platforms such as AAVE and Compound, users can efficiently combine their assets and maximize their returns.

  • edgeX Insurance: edgeX provides an innovative liquidation insurance service. Once the insurance purchased by the user is liquidated, the user can receive 2 times the compensation, which greatly reduces the user's risk and loss.

The decentralized financial revolution for 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 various plug-in combinations to form an open application mall, which greatly promotes the formation of an open derivatives trading system and helps the rapid development of the decentralized derivatives market.

The scale of derivatives trading in the crypto market is 4 to 5 times that of spot trading, and the decentralized derivatives market has at least dozens of times more room for growth. In this huge market track, edgeX will become a force that cannot be ignored in the market with its powerful technical architecture and innovative model.

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