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edgeX VAULT was officially launched on April 23, reaching the hard cap of the first phase within 3 hours.

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#DeFi
TechFlow
329Words
Apr 23, 2025

According to TechFlow, on April 23, edgeX VAULT was officially launched, and within less than 3 hours after launch, it reached the hard cap of the first phase. edgeX Vault belongs to the eStrategy section of the edgeX ecosystem. The goal of eStrategy is to create an on-chain asset management system for CeDeFi. The first Vault is a liquidity provision Vault based on edgeX exchange. The Vault's income comes from the automated liquidity market-making profits, liquidation fees, and some transaction fees of edgeX exchange.

According to Defilima, as of now, edgeX's average daily transaction fee income is 30 thousand USD. The APR of edgeX Vault at launch was 280%.

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