offers XMR perpetual funding rate of 10.9%, the lowest among comparable DEXs.

Ranked among the top 6 perpetual futures exchanges, alongside Paradex and Extended, all built on the same underlying technology stack.

Uses 100% of revenue for token buybacks.

Launched official mobile app available on Google Play Store and Apple App Store.

Included in a curated educational list of DeFi primitives for beginners under the perpetuals category alongside Hyperliquid, Lighter, and Ostium Labs.

Listed MARU as the first spot trading pair on the exchange.

Overtakes Hyperliquid in 24-hour revenue based on DefiLlama data.

Platform displays 7.3x volume-to-open-interest ratio, flagged as extreme imbalance among perpetual DEXs potentially driven by farming rewards activity.

Enters DefiLlama's top-100 revenue dashboard as a new entrant, ranking #5 with $7.55M in 7-day revenue.

Generates $1.8M in 24-hour fees, ranking first across all blockchains alongside Hyperliquid, improving from third place on December 8.

Platform ranks third across all blockchains for 24-hour fees, following Hyperliquid and Tron.

Generates $12M in fees over the past 7 days, ranking among the top perpetual DEX platforms by revenue.

V2 architecture features modular, multi-VM L2 with deterministic parallel execution, upgrading from StarkEx CLOB engine according to Messari report.

Messari publishes research report covering the platform; V2 and $EDGE token launch scheduled for Q1 2026 with features including mobile trading, spot markets, and stock perpetuals. October 2025 generates $52.4M in fees from $137.9B in total volume with approximately $500M TVL.

Partnership with Polymarket integrates perpetual futures with event-driven prediction markets, enabling leveraged prediction trading on the platform.

Platform transitions from perpetual DEX to Layer 2 network infrastructure.

EdgeX and Apex flip Hyperliquid as Hyperliquid's volume declines.

Platform generates $10.55M in 7-day revenue, ranking 4th among top DeFi protocols including USDT, USDC, and HYPE.

Tokenomics details reveal 1 Billion total supply with 25% genesis allocation fully unlocked at listing, $250M buyback fund established, and team tokens locked for 2 years until 2027 with Amber Group as major contributor.

Partnership with Pastel announced offering VIP1 upgrades and 10% trading point bonus. Token Generation Event and Airdrop scheduled for Q4 2025, platform reports $6.62B daily volume.

Platform achieves second place ranking among perpetual DEXs by fees generated.

Platform achieves Top 10 ranking by 24-hour fees among all chains, outperforming mature general-purpose networks in fee generation.

Japan Community Meetup takes place this week, hosted by the community in partnership with kudasai_japan and CryptoHiroba.

EdgeX approaches traders to participate in "InfoFi" campaigns as part of marketing efforts.

Platform secures third position in 3-month net inflows rankings, trailing only Arbitrum ($1.6B) and Starknet ($540M), ahead of WorldChain and Ink.

Points program ends in 2 weeks with TGE expected before end of year or January at the latest, and Polymarket shows 59% probability of $2B+ FDV at launch. Platform records $170B in 30-day perpetual volume with $706M in open interest and $570M annualized revenue.

Platform combines perpetual futures trading with Polymarket-powered prediction markets in a single trading application.

Platform reaches 157K+ wallets and 50K daily active users, generates $2.3M in fees in the last 24 hours compared to Hyperliquid's $2.9M, and expands globally into English, Korean, Japanese, and soon Spanish regions with backing from Amber Group.

EdgeX volumes described as artificial with next to no retail flow, with trading activity concentrated across a few accounts according to market commentary.

TVL climbs to nearly $500M from under $15M in April, and platform displays deeper BTC liquidity near mid-price than Hyperliquid on some bands according to Artemis data.

Generates $12.92M in 7-day revenue, ranking #5 among all crypto protocols including major stablecoins and exchanges, positioned between Aster DEX at $12.5M and Hyperliquid at $23.03M.

Open season for farming ends in approximately 3 weeks, and a meme coin has been announced. During the October 10th market event, the platform handled $1.1B in open interest and $5B in volume without outages while competitors faced system issues, and the eLP liquidity pool remained profitable through the volatility.

Records $138B in trading volume for October, ranking #4 among perpetual DEXs and part of the top 4 platforms that control 82% of the perpetual DEX market.

Backed by Amber Group. Points system and airdrop are incoming.

Edge X and Hyperliquid are neck and neck among top chains by fees in the past 24 hours, showing tight competition between the two platforms.

Records $38M in October protocol revenue and captures 40% of Hyperliquid's revenue despite being pre-TGE. Orderbook liquidity reaches 291 BTC at 3bps, 3x deeper than Hyperliquid's 125 BTC.

Ranks #1 among all chains by fees in the last 24H, ahead of Hyperliquid and Tron.

Records $400M in Total Value Locked (TVL) and beats Hyperliquid in liquidity metrics across certain bands.

Records $5.8B in 24-hour perpetual DEX volume, ranking third behind Lighter ($10.7B) and Hyperliquid ($8.7B).

Upcoming modular V2 chain launch referenced as future development milestone.

Records $39.76B in 7-day perpetual trading volume, ranking #4 among leading perp DEXs behind Lighter ($73.77B), Aster ($72.03B), and Hyperliquid ($70.42B).

Records $367M in 3-month netflow, ranking #4 among top chains behind Arbitrum ($1.0B), Ethereum ($504M), and Starknet ($441M).

Records $38M in October revenue representing 3,900% growth since April, with annualized revenue ranking fourth behind only Hyperliquid, BNB, and Ethereum.

Achieves record monthly volumes in October as one of five leading perpetual DEXs (alongside Lighter, Aster, Pacifica, and ApeX) that pushed the sector to $1.2T in total volume.

TVL reaches $486M with 2,600% growth since April, ranks as #1 revenue-generating perpetual DEX pre-TGE, and reports deeper BTC orderbook depth than Hyperliquid.

Reports 124K users, $113B total trading volume, and $65M cumulative fee revenue with 1bp liquidity depth across major pairs as platform evolves into full liquidity infrastructure layer.

Records $6.93B in 24-hour perpetual volume, ranking #4 behind Hyperliquid ($18.18B), Lighter ($15.2B), and Aster ($12.7B).

Token remains unlaunched with a points program currently active.

Ranks #2 across all chains in 24-hour fees, behind Hyperliquid and ahead of Tron.

Ranks #4 among perpetual DEXes with $5.9B in 24-hour trading volume, behind Lighter ($11.9B), Aster ($10.7B), and Hyperliquid ($8.2B).

Generates $1.9M in 24-hour fees, ranking #1 and flipping Hyperliquid which generated $1.1M, while sponsoring the ETH PERPSWICK Unemployed Traders Competition.

Generates $1.4M in 24-hour fees, ranking #2 among all blockchains behind Hyperliquid's $2.5M and ahead of BNB Chain.

Achieves $134.9B in trading volume over the past 30 days, ranking second among perp DEXes behind Hyperliquid's $317.6B.

Edgex ranks as one of the two leading perps applications by 30-day app revenue alongside Hyperliquid.

TGE timeline pushed to Q1 2026 from previous November speculation with FDV estimates revised down to $1-2B (from $5-10B), points campaign extended with 15M+ total projected by year-end, and NFT rebate launch drives massive eLP vault inflows alongside eStrategy vault rollout and Mobile v2 UI development.

Point OTC price holds steady with estimated rewards of 2-3x from fees paid.

Community speculation suggests TGE timing advanced to November from December to front-run competitor launches, with estimated FDV of $5B-$10B, 25% token allocation, and points campaign ending at end of October with approximately 5.86M total points expected.

Experiences operational challenges including liquidity issues and order execution failures during a massive market-wide liquidation event affecting 1.6M+ traders across multiple Perp-DEX platforms, with observers predicting an inflection point for the Perp-DEX sector following significant retail capital withdrawal.

Maintains full operational stability during a period when Binance experienced system outages (showing 0 balances) and Hyperliquid faced Arbitrum deposit issues, demonstrating superior infrastructure reliability compared to major competitors.

Weekly trading volume of $35B generates point rewards at approximately 4 points per $1M traded, with 60% of total points allocated to trading volume and remaining distribution across TVL/vaults (10%), liquidations (5%), OI (5%), and referrals/ambassadors/events (20%).

Records $35M in monthly revenue, placing in the Top 10 revenue-generating projects in crypto alongside Tether, Circle, Hyperliquid, and other major protocols.

Positioned as L1-focused perp market with cheaper fees than Hyperliquid in a competitive landscape that traders describe as saturated with widespread farming activity across multiple perpetual DEX platforms.

Ranks as the #4 revenue-generating application across the entire onchain market, running on StarkEx infrastructure.

Vault mechanics confirmed to allow 24-hour withdrawals (tested with $700k) despite official 7-day window, providing liquidity flexibility for professional users. The protocol shows strong traction in Korean and Japanese trading communities where it's considered a high-expectation airdrop play.

Achieves comparable volume to Hyperliquid following 100%+ weekly growth, but market share declines as Aster captures over 50% of the Perp DEX market with explosive $270b weekly volume.

Weekly trading volume surges 343% from $1.4b to $6.2b, but analyst warns of unsustainable growth patterns similar to previous market phases that ended poorly for retail.

The team hints at an airdrop allocation similar to Hyperliquid's 31% distribution, with a predicted token launch in late November or early December. The protocol has distributed 4.1 million points so far, adding 100k-250k points weekly based on trading volume, with analysts predicting point values of $15-38 each at TGE based on competitor valuations.

The protocol ranks #3 by perpetual volume in the last 30 days with $49.7B traded, $18M+ revenue, and over $200M TVL, while only 11.5K addresses received points last week from the ongoing points farming program now in week 16.

The protocol gains market share alongside competitors Lighter and Aster as Hyperliquid loses market dominance, declining from 49.3% to 38.1% over 90 days.

Protocol achieves #4 revenue ranking among top DeFi protocols, representing an improvement from its previous #8 ranking position.

The protocol flips Aster in 24-hour revenue generation, directly countering previous bearish sentiment about competitive threats. The platform achieves #8 revenue ranking across crypto and transitions its LP vault system from subsidized returns to fee-sharing model where users participate in both fee revenue and market maker PnL.

Trader expresses bearish sentiment on the protocol as a "Tier-2 perp exchange" due to competitive threat from Aster protocol's strategy to steal market share from perpetual exchanges.

The protocol is ranked in "C" tier for revenue performance in Q4 2025 according to an updated revenue meta tier list, suggesting mid-tier revenue generation compared to competitors.

Protocol achieves #3 volume ranking and #7 fee ranking while generating $19M in revenue over the past 30 days.

Protocol achieves largest perpetual DEX market share in Japan with mobile app dominance and becomes the only mobile dapp approved for Japan's App Store under strict regulations. Platform remains heavily underfarmed with users reaching #6000 leaderboard ranking with just 1 point.

Technical issues cause platform downtime, but some API holders maintain trading access at incorrect price levels.

Protocol maintains second-highest liquidity position after Hyperliquid while demonstrating improved efficiency in listing high-volume tokens.

Protocol achieves top 8 ranking with nearly $1M daily revenue.

Airdrop scheduled for Q4 2024, with points accumulation through trading and referrals.

On-chain DEX reports $10B+ in trading volume.

Platform targets mobile-first perpetual DEX niche with Binance VIP-like interface, challenging Hyperliquid's market dominance.

Platform demonstrates superior execution for $100K-$3M orders with lowest slippage and deepest liquidity within 1 bps spread.

Points farming system launched ahead of planned multibillion TGE.

TVL increases 303% in July 2025, ranking among top 5 fastest-growing DeFi projects.

Active airdrop program rewards trading volume with points and offers 1:5 referral point system, with points convertible to tokens in future distribution.

Large deposits require manual team approval, creating potential delays due to timezone dependencies with China-based operations team.

Ambergroup revealed as incubator behind perpetuals and spot trading platform.

Perps trading volume surges 48.72% to $2.68B weekly, outperforming major competitors during market downturn

Strategic investment secured from RyzeLabs, amount TBD.

Smart contract-based trading system maintains full functionality during AWS outage while major centralized exchanges halt operations. Force trade and withdraw features ensure continuous market access during infrastructure failures.

Perps exchange generates $51B annual volume and $10M revenue with no VC backing.