EDX Shakes Up Crypto Markets With Global Perpetual Futures Trading Platform
Wall Street's favorite new toy just got a turbocharge. EDX—the institutional-grade crypto exchange backed by heavyweights like Citadel Securities and Fidelity—has launched an international trading platform offering perpetual futures. No expiry dates, no limits—just pure leveraged speculation dressed up as innovation.
Why This Matters
Perpetuals dominate crypto trading volumes, and EDX's entry signals big money's hunger for unregulated derivatives. The platform promises 'deep liquidity' and 'institutional safeguards'—because nothing says 'safe' like 100x leverage on a volatile asset class.
The Cynic's Take
Another venue for hedge funds to gamble with client money while retail traders get liquidated. But hey, at least the order books will be 'professional.'