EdgeX: The DeFi Darling That’s Making Tron and Hyperliquid Sweat 💰🚀

Key Highlights (Because Who Has Time for the Boring Bits?)

EdgeX’s TVL shot past $500M faster than Bridget Jones downs a bottle of Chardonnay. Traders are flocking like it’s the last sale at Selfridges! 🛍️💸
Even after a TVL dip (blame it on the post-Christmas blues), EdgeX clung to a 29% net growth. Talk about sticking around like that ex you can’t shake! 💔✨
Fees hit $2M daily-because who doesn’t love a good spending spree? Performance is the new black, darling. 🖤📈

EdgeX, the Ethereum layer-2 blockchain that’s basically the chic new girl at the DeFi party, is now outshining Tron and Hyperliquid in 24-hour chain fees. Move over, old guards-there’s a new queen in town, and she’s wearing stilettos. 👑👠

According to Altemis (yes, the data whisperers), EdgeX raked in over $1.3M in chain revenue in the last 24 hours. Tron and Hyperliquid trailed behind with $1.1M and $1M, respectively. Solana, Ethereum, BNB Chain, and Polygon? Cute, but no cigar. 🏆💨

EdgeX’s TVL went from “meh” ($270M in October) to “OMG” ($500M by November). Then it dipped to $350M by December-probably because everyone was too busy shopping for Christmas. Still, it held onto a 29% net gain. That’s like losing 5 pounds after the holidays and calling it a win. 🎄📉

User costs? They swung wilder than Mark Darcy’s mood swings, hitting $3.5M daily in November before plummeting to $500K. Revenue followed suit, because drama is EdgeX’s middle name. 🎢💸

Revenue dropped by a third over two months, but hey, it’s not a Bridget Jones diary entry without a few tears and a tub of ice cream. 🍦😭

Why the Hype? (Spoiler: It’s Not Just the Airdrop)

EdgeX’s fee surge is all about trading volumes, new users, and that sweet, sweet airdrop hype. Their perpetual trading system is like the Pilates class everyone’s obsessed with-high activity, zero excuses. 🧘‍♀️💪

Oh, and they’re transitioning to the EDGE Chain (fancy!) and are in open beta. Plus, there’s a pre-token launch campaign throwing XP rewards like confetti. March 31 can’t come soon enough! 🎉📅

“EdgeX is basically the cool girl at school, upgrading from Perp DEX to EDGE Chain. Liquidity network? Check. Infrastructure maturity? Check. Application layer expansion? Double check. Pre TGE Season? Bring. It. On.”

– edgeX🦭 (@edgeX_exchange) January 7, 2026

TVL and Fees: The Rollercoaster We Signed Up For

DeFiLlama says EdgeX went from “who?” to “OMG, who’s that?” with a TVL peak of $500M in November. Then it dropped to $356M in 2026. Fees? They mirrored the drama, hitting $5M before taking a nosedive. Classic EdgeX-keeping us on our toes. 🎢💔

Annualized fees are $388.6M, revenue is $237.3M, and trading volume is $92.7B. Open interest? Nearly $977M. Basically, EdgeX is the Beyoncé of DeFi-slaying while we watch in awe. 🦸‍♀️💅

Competition: Hyperliquid vs. EdgeX-Who Wore It Better?

Hyperliquid’s still the Perp DEX queen, but her crown’s a bit tilted. Trading share dropped from 45% to 8% (thanks, Aster’s sticky incentives). Patrick Scott calls it an “anomaly”-like that one-night stand you thought was love. 💍😬

EdgeX’s fee surge? It’s the new black. High-efficiency exchanges are in, and users are voting with their wallets. Competition’s fierce, but EdgeX and Hyperliquid prove that innovation and incentives are the keys to the castle. 🏰🔑

2026-01-07 17:05

Why the Hype? (Spoiler: It’s Not Just the Airdrop)

TVL and Fees: The Rollercoaster We Signed Up For

Competition: Hyperliquid vs. EdgeX-Who Wore It Better?

Read More