Before understanding this, everyone can review the market conditions of this cycle and discover that what we've reached now is simply: there's nothing left to play with. AI has been hyped, MEME is exhausted, the previous L2s and new public chains can't move the needle anymore. Ultimately, it will return to the most primitive thing: wherever transactions happen, that's where the money is.

From the product's underlying logic and narrative, it aligns with the appeal of major projects. edgeX isn't just building an on-chain trading infrastructure layer (Perp DEX), and it's not limited to crypto—it's also combining stocks, commodities, and prediction markets, aiming to become an all-asset trading gateway on-chain.

Fundamentals:
1️⃣ Real cash flow
Fee revenue is second only to Hyperliquid,
Project treasury has $190 million, with half allocated for buybacks
2️⃣ Interesting trading structure
Not only trading crypto, but also gold and commodities
Gold trading volume has even surpassed Hyperliquid
3️⃣ Users and scale
Cumulative trading volume of $85 billion + 450K users
4️⃣ Trading capability is no joke
Top 3 in Perp DEX long-term, no longer that "empty shell" new project phase
Expected to be listed on multiple exchanges. Coinbase has already officially announced it on their listing roadmap. Now it's about whether EDGE can create a new market wind, after all there is genuine trading, fee income, buyback mechanisms, and the narrative of cross-asset trading.
The market is actually gradually returning to trading itself. Hyperliquid, edgeX, Aster and the like essentially boil down to: whoever can turn trading into a real business will have sustainability. $EDGE
{future}(EDGEUSDT)