edgeX Dey Pass Uniswap Wit $10.5M Fees to Lead DeFi Perp DEX
edgeX, wey be ZK-powered perpetual DEX wey Amber Group incubate, don pass Uniswap and oda DeFi protocols for revenue. For di last 30 days, edgeX collect $10.53 million from trading fees, pass double GMX wey get $3.85 million and more than five times dYdX wey get $1.92 million. E BTC/USDT order book fit support up to $6 million with 0.01% spread, na only Hyperliquid dey pass am. Competitive maker-taker fees (0.015% maker, 0.038% taker, VIP1 taker at 0.036%) and zero-token status no stop people from using am. E dey offer eStrategy vaults and e own chain, edgeX dey among top 15 protocols by cash flow without token issuance. edgeX Points dey drive user engagement before im future tokenomics. This quick growth show edgeX get strong product-market fit and e dey ready for high-impact token launch.
Bullish
edgeX get beta revenue grow an deep plenty money mean say market demand strong an people dey use am well for DeFi derivatives business. E dey give beta fees wey compete wit others an e get strong order book without even issuing token, edgeX don show say e fit make money steady an people like di product well well. In di past, dem derivative platforms wey get big trading volume an revenue before dem launch token – like dYdX – normally dey get plenty demand for token and e price go rise sharply when dem launch am. For short time, traders fit move dia money go edgeX better market, dis go make trading volume for all derivative DEXs increase. For long run, edgeX model wey dem don prove and di token wey dem go launch fit make plenty people get confidence for DeFi and dis go make market stable and grow more.