edgeX Hits 113B Cumulative Volume on edgeX L2 with Open Season Points and Q4 TGE Buzz

edgeX is pushing the boundaries of perpetual futures trading with its custom Ethereum L2, delivering CEX-speed executions and unmatched liquidity for DeFi. Incubated by Amber Group and launched in 2023, the orderbook-based Perp DEX has rocketed to 113 billion in cumulative volume, $1 billion in open interest, and $260 million TVL—processing over 200,000 orders per second with sub-10ms latency via ZK proofs. Supporting majors like BTC/ETH and alts up to 50x leverage, edgeX's native experience rivals Hyperliquid while emphasizing fair liquidity. With Open Season Week 21 fresh off distributing 250,000 points to 12,795 users, the platform's retroactive rewards are heating up ahead of a Q4 2025 TGE, where points convert to $EDGE tokens in a community-focused airdrop.

Lightning-Fast Perps on edgeX L2: Liquidity Without Compromise

edgeX's proprietary L2 chain optimizes for perps, blending off-chain matching with on-chain ZK settlement for verifiable fairness and zero MEV. Since V1 MVP rollout, it's grown into a liquidity powerhouse, aggregating from vaults and market makers to keep spreads under 2 bps even on high-vol pairs.

Core strengths:

• High-Performance Engine: 200K+ TPS, <10ms latency—ideal for scalpers and HFT bots via API.
• Fee Structure: 0.02% taker, maker rebates up to 0.01%; vault LPs earn from premiums and fees for 100%+ APY.
• Diverse Markets: 50+ pairs, including meme perps like $MOG and infrastructure tokens like $SOON; unified margin across assets.
• User Protections: Partial liquidations (10-20% increments), no frontrunning, and self-trading filters for genuine volume.
• Multi-Chain Access: Deposits from Ethereum, Arbitrum, Base; gas-optimized for retail.

October 2025 metrics: $2.5B weekly volume, up 40% MoM, cementing edgeX as a top-5 perp DEX amid $1.2T monthly sector highs.

Open Season Points Program: Weekly Drops and Merit-Based Rewards

edgeX's Open Season, kicked off in early 2025, funnels 60% of points to trading volume, 20% to referrals, 10% to TVL/vaults, and the rest to OI and liquidations—ensuring rewards for real contributors. Weekly distributions hit dashboards every Wednesday, with recent hauls scaling from 120K (Week 9) to 300K (Week 20) points across 4K-15K addresses.

Maximizing Your Edge

• Trading Focus: Volume-weighted; quick cycles on alts yield 1.5x multipliers—$10K vol nets 500-1K points.
• Referrals: 20% bonus on ref activity; top affiliates scale networks for exponential gains.
• Vault Stakes: Deposit USDT for passive points + yields; recent cap hikes enable whale plays.
• Compensations: Extra drops like 30K in Week 16 for incidents keep trust high.

Track at pro.edgex.exchange/earn—early farmers hold 50K+ stacks, with OTC valuing points at $0.20-0.50 ahead of TGE conversion.

Special Events and Competitions: USDT Prizes on Tap

edgeX amps engagement with timed events, blending points with cash rewards. The latest: edgeX × SOON (Oct 21-28), where $SOON traders share $1K USDT pool atop 2K points—self-trades disqualified for fairness.

Past hits:

• MOG Event (Aug-Sep): 5K USDT to top 5, plus 2K shared points—drove $500M vol spike.
• UI Feedback Raffle (Sep): 100 points to 10 winners for Discord/TG joins and UID shares.
• Weekly Challenges: Min $10K vol for eligibility; abnormal behavior DQ'd.

These flywheels boost liquidity while farming points—join via app for real-time leaderboards.

Q4 TGE Tease and Roadmap: Airdrop Alpha Unlocked

TGE slated for late Q4 2025, with $EDGE enabling governance, fee shares, and L2 upgrades—50%+ supply to community via points (retroactive model). Speculation: $500M FDV, implying $100-200 per 1K points for top holders.

Pipeline:

• V2 Features: TradFi perps (indices/FX), mobile app, fiat onramps.
• Ecosystem Expansions: Cross-L2 bridges, AI order tools, staking for revenue accrual.
• Governance Kickoff: Post-TGE votes on listings and vault params.

As the team posted: "Liquidity for All—unlock your trading edge." Recent Spaces hint at "big surprises" tied to volume milestones.

Why edgeX is the Perp DEX Liquidity King

In a Hyperliquid-led pack, edgeX shines with custom L2 scalability, meritocratic points (no wash-trading tolerance), and events that reward skill over spam. Its 113B volume and $260M TVL reflect a virtuous cycle: deeper books, tighter execution, stickier users.

For degens farming memes or pros hedging majors, edgeX delivers the edge without compromises. With Open Season peaking and TGE looming, Q4 could mint millionaires.

Trade sharp at pro.edgex.exchange. Sign up with the best edgeX referral PCCRYPTO, deposit USDT, and follow @edgeX_exchange for weekly drops and event alerts.

Stay tuned to our blog for more perp power moves and airdrop intel.