US EditionPerpetual DEX EdgeX Hits $86M in TVL After 700% Monthly Gain
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Perpetual DEX EdgeX Hits $86M in TVL After 700% Monthly Gain
EdgeX, a decentralized perpetual trading platform, saw its total value locked (TVL) nearly triple in the past week to a record $86.4 million, contributing to a 700% gain over the month. The surge is attributed to deposits of Ethereum-based tokens, with the chain making up 99% of the TVL, followed by Arbitrum and BSC. Traders deposit USDT and AETHUSDT, which represents a yield-bearing token that Aave users receive after depositing USDT into the A…
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