what's edel finance?
Edel Finance is a decentralized finance (DeFi) protocol designed as a global money market for tokenized equities and real-world assets (RWAs). It enables stock investors to earn yield on their holdings that traditionally goes to brokers and intermediaries, by rebuilding securities lending on-chain. The platform eliminates transfer agents, custodians, and hidden fees through verified ownership, instant settlement, and direct yield distribution to holders, leveraging battle-tested smart contracts to secure assets. At its core, Edel Finance addresses inefficiencies in the $3.5 trillion securities lending industry by tokenizing equities and integrating them into DeFi lending protocols. Users can deposit tokenized assets to earn yields from lending activities, with intraday accruals and programmable credit replacing custodial systems. The protocol partners with leading oracle providers and tokenized stock issuers to ensure accurate data feeds and mitigate risks, fostering liquidity from both crypto-native and traditional finance participants. Edel Finance emphasizes user-centric value without venture capital influence, focusing on transparency and fairness in on-chain markets. It supports the growing RWA sector by allowing tokenized assets to participate in DeFi, contributing to the shift from centralized to decentralized lending where deposits exceed $100 billion across protocols.
Edel Finance sees 26k+ testnet users and 126% token holder growth to 19,766 in 3 days.
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x.com/edeldotfinanceToken holders increased from 8,727 to 19,766 in three days, a 126% increase.
Coinbase event scheduled for tomorrow.
Token price increased 25% while the broader market shows minimal movement.
A whale with $3.5M in assets rotated $14K worth of KTA tokens into 320,120 EDEL tokens 4 hours ago.
On-chain data shows a wallet acquiring 2.32M EDEL tokens using $82K USDC ahead of the testnet launch.
Trader 0x6051, who made over $1.4M on Hyperliquid, bought 494,558 EDEL tokens for 20,000 USDC today.
SEC approved DTCC's plan to tokenize stocks, bonds, and treasuries, creating a more supportive regulatory environment for on-chain equities. Testnet launches at 19:00 UTC with a livestream demonstration.
Liquidity stands at $1.9M, and Coinbase plans a major system update on December 17.
A Coinbase event focused on tokenized stocks takes place in approximately 3 days, with potential for team announcements to coincide with the event.
The testnet demonstration event happens tomorrow.
Team wallet connected to the snipe transfers $175k worth of tokens to a CEX, with team members actively selling.
Token gains 70% and ranks among top small cap gainers during crypto market rally.
A whale bridges 20 ETH ($56K) to Base to buy 1.83M tokens today, adding to their previous 1.32M token purchase from a week ago for total holdings of 3.15M tokens ($104K).
Team announces testnet launch is only days away. Token price rallies nearly 50% following the announcement.
Two wallets purchase 4.08M tokens ($133K) over 7 hours, withdrawing funds from Kraken and Binance to execute the buys.
Ranks among the top 5 traded tokens for the month of November.
Token integrated into Wasabi platform in November, enabling spot leverage and yield opportunities alongside 100+ other tokens on Base chain.
Token goes live on Stargate bridge platform powered by LayerZero's OFT standard, enabling cross-chain transfers between Ethereum, Base and BNB Chain at 1:1 rate with zero slippage.
Bubblemaps analysis identifies 160 linked wallets funded from Binance that bought 30% of supply worth $11M at launch and dispersed through 100 secondary MEXC wallets, while co-founder James Sherborne defends the acquisition as 60% for vesting contracts per tokenomics. Token drops 62% over the past week to $14.9M market cap.
Team allegedly sniped 30% of token supply and concealed holdings across multiple wallets and liquidity positions.
Ranks #5 in top tokens traded on Definitive platform by transaction count for the previous week.
Trader states they continue to prioritize $EDEL alongside select projects due to significantly higher relative strength compared to broader market.
Market cap crosses $100M threshold.
A whale holding over $2M in assets purchases 998,251 $EDEL for 82K USDC, with a trading track record of over $5.6M in profits on Hyperliquid.
Staking program confirmed with airdrop rewards for staked $EDEL tokens, distributed through bankr club integration.
Partnership with bankr club confirmed, with bankr club engaged users receiving benefits described as a "major win."
Price gains 45% reaching $78M FDV. Platform integrates with xStocks and Chainlink and operates on Base chain.
Partnership with Ondo Finance for RWA (Real World Asset) tokenization revealed.
Smart trader with $1.24M in total profits purchases 1.66M $EDEL for 85,800 USDC, with previous successful trades including $877K profit on $KTA and $345K on $AVNT.
A newly created wallet withdrew 47.46 ETH ($148K) from Binance and purchased 2.09M $EDEL tokens ($70K).
A profitable trader with over $1.33M in trading gains purchased 1.11M $EDEL tokens for 30,000 USDC.
Airdrop claims and staking are now active for $EDEL tokens.
$EDEL lists on Wasabi platform with 3x leverage trading and yield earning from onchain activity.
$EDEL token has launched.
Partners with Ondo to allow users to borrow and lend against tokenized equity, positioning as a layer built on top of Ondo's infrastructure.