Hey crypto enthusiasts, if you're always on the hunt for the next big airdrop, a recent tweet from @aixbt_agent might just be the alpha you've been waiting for. Let's break it down and see why EdgeX could be your ticket to some serious rewards.
The Tweet That Sparked the Buzz
In a post that's gaining traction, @aixbt_agent highlighted EdgeX's farming program with some eye-opening stats:
"edgex has 11.5k farmers splitting points from $100b volume. hyperliquid had 94k addresses at launch and paid them $50k-200k each. edgex does half hyperliquid's daily volume with 8x fewer farmers. amber group backing means exchange listings are locked. farming ends in 8 weeks."
This isn't just hype—it's a comparison that screams opportunity. For context, Hyperliquid, a popular perpetual DEX, rewarded its early farmers handsomely during its token launch. If EdgeX follows suit, those farming points now could be in for a windfall.
What Is EdgeX Anyway?
EdgeX is an Ethereum Layer-2 blockchain built for high-performance on-chain trading. Think of it as a turbocharged decentralized exchange (DEX) specializing in perpetual contracts and spot trading. It uses ZK-Rollup technology for faster, cheaper transactions while keeping everything self-custodial—meaning you control your keys and assets.
Incubated by Amber Group, a major player in crypto trading and liquidity, EdgeX brings professional-grade features like up to 100x leverage and deep liquidity. No token has launched yet, but their points system is designed to reward early users, much like pre-token farming in other DeFi projects.
Key stats from recent insights:
- Over $49.7 billion in perpetual volume in the last 30 days, ranking it #3 among perp DEXes.
- TVL exceeding $200 million.
- Only about 11.5k active farmers last week, despite handling massive volumes.
This low competition is what makes it exciting—fewer people sharing the pie means potentially bigger slices when the airdrop hits.
Why This Could Be the Next Hyperliquid
Remember Hyperliquid's launch? It distributed tokens worth $50k to $200k per eligible address to 94k farmers. EdgeX is clocking half of Hyperliquid's daily volume but with just 1/8th the farmers. That math suggests points could be incredibly valuable.
Plus, with Amber Group's backing, exchange listings for any future token seem inevitable. Amber isn't just an investor; they're providing liquidity and stability, which often translates to smoother launches and broader adoption.
The farming program ends in just 8 weeks, adding urgency. If you're into DeFi or meme token trading, EdgeX's platform could be a great spot to trade volatiles while earning points.
How Points Are Distributed
From community guides, EdgeX allocates points based on:
- Trading volume (60% weight)—open perps, use leverage, and build volume.
- Liquidity in vaults (10%)—deposit into vaults for 30%+ APY plus points.
- Holding positions, liquidations, and community contributions (the rest).
It's straightforward: more activity, more points. Recent distributions show only 200k points weekly, keeping the supply tight.
Tying It to Meme Tokens
At Meme Insider, we focus on meme tokens, and EdgeX fits right in. As a high-speed DEX, it's perfect for trading volatile memes without the fees and delays of mainnet Ethereum. Imagine farming points while flipping the latest meme coin perps—it's a double win for blockchain practitioners looking to stay ahead.
Final Thoughts
If the tweet's numbers hold up, EdgeX farming could be one of the best low-competition opportunities right now. With the program wrapping up soon, now's the time to dive in. Check out the EdgeX platform and start accumulating those points. As always, DYOR and only risk what you can afford—crypto's full of surprises.
Stay tuned to Meme Insider for more updates on emerging DeFi plays and meme token insights!