edgeX Labs launches its first high-performance application, edgeX exchange.

ChainCatcher message, the modular financial system edgeX Labs incubated by Amber Group has officially launched edgeX exchange. edgeX exchange is a high-performance, order book-based decentralized perpetual contract exchange designed for professional trading users, offering the experience and trading features of a centralized exchange.

Members of edgeX Labs come from Barclays, Morgan Stanley, Bybit, Huobi, and are developing multiple applications based on trading and liquidity, aiming to integrate the capabilities and performance of centralized finance (CeFi) with the security and transparency of decentralized finance (DeFi) to create an on-chain financial system.

As of now, edgeX Labs has received approximately $10 million in liquidity funding from institutions such as Amber Group and SNZ Capital.