Back
edgeX Delays Token Generation Event (TGE) to No Later Than March 31, 2026

edgeX Delays Token Generation Event (TGE) to No Later Than March 31, 2026

edgeX launches public testing of EDGE Chain as part of Pre-TGE Season, providing weekly XP rewards for organic users ahead of the March 31 TGE deadline.

Summary

Decentralized derivatives platform edgeX has entered public testing for its new blockchain, EDGE Chain, marking a shift away from its perpetual DEX model. The Pre-TGE Season begins today, offering weekly XP rewards to organic users until the token generation event, which is expected by March 31, 2026. This update follows the company's earlier confirmation of the postponed TGE during its Community Call. edgeX, incubated by Amber Group, previously operated an order book-based perpetuals exchange.

Terms & Concepts
  • Token Generation Event (TGE): The initial creation and distribution of a project’s tokens.
  • Perpetual contracts: Derivative agreements with no expiry, commonly traded on crypto exchanges.
  • Order book: A real-time list of buy and sell orders used to match trades.