edgeX Launches V2 on EDGE Chain With 40 Stock and Commodity Pairs

According to the official statement, edgeX V2 is a rebuilt version on EDGE Chain that adds 40 stock and commodity trading pairs, 24/7 derivatives trading, new execution tools, and profit-funded EDGE buybacks.

28d ago

Summary

edgeX said it has officially launched V2, a rebuilt version of its platform on EDGE Chain, with 40 stock and commodity trading pairs. According to the official statement, the platform supports 24/7 trading in U.S. stocks, Korean stocks, and commodities derivatives, and adds isolated margin and TWAP. edgeX also launched Trade to Own and said 100% of net profit will be used for EDGE buybacks.

Terms & Concepts

Isolated margin: A margin system that limits risk to a single position by assigning separate collateral, helping prevent losses from spreading across an account.
TWAP: Time-weighted average price execution, an order strategy that breaks trades into smaller parts over time to reduce market impact.
EDGE buybacks: A mechanism where platform net profit is used to repurchase EDGE from the market, which can influence circulating supply and token demand.