edgeX Launches DeFi Ecosystem Promoting Non-Custodial Trading and Privacy for Users

The DeFi project edgeX has unveiled an ecosystem designed for tokenized assets and margin trading, according to a recent press release.

The edgeX team has not allocated any tokens for external funding. The only way to acquire tokens is by engaging in the edgeX Points program, which rewards active users and community members.

The project provides a comprehensive solution built on three main components:

Users can engage with the ecosystem via a web interface and mobile applications for iOS and Android, featuring support for cross-chain deposits and withdrawals.

All funds are securely stored in smart contracts and are only accessible through users’ wallets. There is no requirement for KYC verification.

“Transactions are confirmed using ZK proofs and are calculated on the Ethereum network, ensuring the data is publicly verifiable and resistant to tampering. Independent decentralized oracles provide fair asset pricing, shielding traders from manipulation and forced liquidations. Even in the absence of the interface, users can trade or withdraw funds directly from the smart contracts,” stated the project representatives.

According to the developers, edgeX Exchange is capable of processing up to 200,000 orders per second with a latency of less than 10 ms. The platform also supports advanced trading features such as trailing take-profit and stop-loss orders.

The first on-chain vault is already distributing profits from market making and fees, with an announced annual percentage yield (APR) of 197%. In the future, the project’s revenue will be shared with token holders.

Social media links:

X: https://x.com/edgeX_exchange

Discord: https://discord.gg/edgeX

Telegram: https://t.me/edgeX_exchange

Medium: https://medium.com/@edgexexchange