TL;DR
- Circle Ventures invested an undisclosed amount in edgeX ahead of the token launch, scheduled for before March 31, 2026.
- The deal includes the deployment of native USDC and the Cross-Chain Transfer Protocol on EDGE Chain.
- edgeX operates a decentralized perpetual futures exchange with more than 295,000 users and close to $5 billion in daily trading volume.
Circle Ventures invested an undisclosed sum in edgeX ahead of the project’s token launch, planned for before March 31, 2026. The investment was finalized in January, following discussions that began in late 2025.
Circle was the sole participant in the round. Neither the valuation, nor the structure of the deal, nor the existence of a board seat were disclosed. The company officially confirmed both the investment and the upcoming technology integration.
The agreement includes the deployment of native USDC and the Cross-Chain Transfer Protocol on EDGE Chain, the blockchain that underpins the edgeX ecosystem. The integration will enable interoperable onchain settlements and direct USDC operations within the network. The product is aimed at institutions, traders, market makers, and other active participants in the protocol.
What is edgeX?
edgeX is a decentralized trading platform that primarily operates as a perpetual futures exchange. The product is available on the web, includes a mobile app, and follows a mobile-first approach. The company reports more than 295,000 users and processes around $5 billion in daily trading volume. The platform’s open interest is close to $1 billion. Adoption is concentrated in Asia.
The company was founded in March 2024. In August of that year, it launched the testnet and the V1 version of the protocol. In December 2024, it closed a pre-seed round led by Amber Group, which also incubated the project. The size of that funding round was not disclosed.
Products and Partnership with Polymarket
The product integrates cryptocurrency, equities, and commodities markets within a single application. edgeX offers spot trading and perpetual futures within the same system. The platform also maintains a partnership with Polymarket to bring prediction markets directly into the trading interface.
Perpetual futures tied to real-world assets play a central role in the protocol’s growth. Gold and silver rank among the most actively traded markets. According to DefiLlama data, edgeX ranks among the highest-revenue DeFi platforms.
The company has a team of around 40 employees and continues to hire, with a focus on roles related to trading community management. The founding team brings more than six years of experience designing derivatives products for institutional clients
