On April 1, decentralized derivatives trading platform edgeX responded to community concerns about the 14% of the total supply EDGE token airdrop, stating that those tokens have been locked for one year and allocated to early liquidity providers and partners to demonstrate a commitment to long-term support.

Gate News update: On March 31, according to monitoring by the X account how2onchain, the edgeX team allocated most of the airdropped tokens to more than 80 wallets under its control, distributing a total of about 180 million tokens, with a total value of over $90 million.

Gate News message. According to Gate’s official announcement, Gate will complete the migration of the pre-market perpetual contract EDGEXUSDT to the official EDGEXUSDT perpetual contract before 23:30 on March 31, 2026 (UTC+8). During the migration process, contract trading and existing positions will not be affected. The official EDGEXUSDT perpetual contract will support 1–50x long and short operations, and the risk limit trading parameters will be adjusted accordingly.

Gate News update. On March 31, Polymarket data shows that the probability that the market is betting on edgeX launching the next day FDV exceeding $300 million is 87%, exceeding $400 million is 62%, exceeding $500 million is 48%, and exceeding $600 million is 26%. As of now, trading volume on this prediction market is over $10 million.

Gate News message, March 31, decentralized derivatives trading platform edgeX has launched the EDGE airdrop claim page, and will open EDGE token trading today at 20:30.

Gate News reports that on March 29, on-chain data shows that edgeX's treasury recently decreased by 50 million stablecoins, from $190 million to $140 million. On-chain tracking found that two wallets, including the market maker Amber Group, moved the corresponding 50 million.

According to residual monitoring, edgeX treasury recently reduced by 50 million units of stablecoins, falling to $140 million. Two wallets, including market makers Amber Group, transferred this portion of USDC cross-chain into edgeX, which may be used for market making or token buybacks.

Gate News reports that on March 28, on-chain data shows that the edgeX treasury decreased by 50 million stablecoins in the past day, dropping from $190 million to $140 million. On-chain tracking revealed that two wallets, including the market maker Amber Group, received the corresponding 50 million coins.

The trading volume of mainstream Perp DEX platforms has generally declined, but open interest remains high. Hyperliquid's 24-hour trading volume is $7.03 billion, while EdgeX and Aster are at $3.03 billion and $2.03 billion, respectively.

March 25 News: Mainstream Perp DEX platforms saw a slight decline in trading volume, while open interest rose. Hyperliquid leads with $7.81 billion in trading volume and $7.07 billion in open interest, followed by platforms such as Aster and EdgeX.