EDGE Token Soars 168.8% Following Listings on Korean Exchanges
EDGE surged nearly 170% in 24 hours after being listed on major South Korean exchanges, driven by increased trading activity and rising market interest in the non-custodial DeFi platform.
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Summary
EDGE token rose 168.8% to $0.2737 within 24 hours, recording a total trading volume of $19.25 million. Gate reported $2.11 million in spot trading, ranking third among centralized exchanges. The surge follows listings on two major Korean exchanges and reflects growing demand for the Definitive (EDGE) platform, which provides decentralized trading across multiple blockchains including Base, Solana, and EVM-compatible chains.
Terms & Concepts
- Non-Custodial: A type of cryptocurrency platform where users retain control over their private keys and funds, without reliance on a central authority.
- DeFi (Decentralized Finance): A set of financial services built on blockchain technology that operates without traditional intermediaries like banks.
- DEX (Decentralized Exchange): A cryptocurrency exchange that operates without a central authority, enabling peer-to-peer trading of digital assets.