With an incredible turn of events, Edgex, a decentralized, permanent futures exchange platform, solidifies its position among the crypto elites, becoming the second exchange after high lipids to break the $40 billion mark in monthly PERPS trading volume. This milestone moment immediately leads Edgex to the spotlight as the world’s second PERPS exchange, indicating earthquake changes in global derivative landscapes.
2 Titanium Race at Perps
Until recently, Hyperliquid has been an indisputable leader in persistent transactions that boast unparalleled scalability and liquidity. With Edgex exceeding the $40 billion threshold, the global Perps market is entering a new phase and setting new benchmarks for trading activities.
A permanent future is the basis of crypto trading by recording much higher volumes than the spot market. They offer hedging opportunities and high liquidity, making them a preferred option for retailers and institutional participants. By breaking the $400 billion barrier, it is clear that lasting future trading exchanges have gained deep trust from global market participants.
The rise of Edgex
Industry observers say Edgex’s growth is a meteor. Other exchanges such as Bybit, Binance and OKX continue to attract global traders, but Edgex’s ability to break into the top spot in the market underscores a clear shift in traders’ interests.
Some key factors driving Edgex’s momentum are depth of liquidity, low fees and robust infrastructure. In other words, using a powerful order form, Edgex minimizes slippage even under a large number of situations. With its competitive fee structure, the exchange appears as more attractive to radio frequencies and professional traders. Comprehensively, Edgex offers stability during volatile trading periods. Furthermore, by leveraging trader-centric tools, exchanges provide analysis and execution speed for both retail and institutional use. These key features include LED Edgex gaining reliability and transforming from a rapidly growing newcomer into a serious competitor to high lipids.
Market impact
The rapid rise of Edgex offers new dynamics to the global Perps market. Currently, two exchanges dominate the leaderboard, so competition allows other players to force innovation, reduce costs and increase liquidity. Analysts suggest that this rapid development will ultimately bring profits to traders.
Hyperliquid remains on the lead, but Edgex’s entries project a monthly trading volume of $400 billion. Both exchanges push boundaries and set the stage for the crypto trading space through innovation and unparalleled scaling.
