When was EdgeX founded?

EdgeX was founded in 2023 and raised its 1st funding round 1 year after it was founded.

Where is EdgeX located?

EdgeX is headquartered in Singapore, Singapore.

Is EdgeX a funded company?

EdgeX is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 2024.

When was the latest funding round of EdgeX?

EdgeX's latest funding was a $***** Seed round on Feb 10, 2026, with participation from 1 investor.

Where does EdgeX rank among its competitors?

EdgeX ranks 8th amongst 71 active competitors, of which 31 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Drift, which secured $100M in Apr, 2026.

Who are the top competitors of EdgeX?

EdgeX's top competitors include Synthetix, Blofin and Drift. Among them, Drift secured the most recent funding round in April, 2026.

EdgeX - 2026 Company Profile, Funding & Competitors

Company Details

Developer of decentralized exchange platform providing perpetual and spot trading. The platform offers low fees and minimal slippage for users. It provides self-custody and lightning-fast execution. The platform aims to provide a high-performance on-chain financial system. It offers web and mobile applications for accessing decentralized finance.

Key Metrics

Founded Year

2023

Location

Singapore, Singapore

Stage

Seed

Latest Funding Round

Seed, Feb 10, 2026, $*****

Investors

Amber Group & 1 more

Ranked

8^th among 71 active competitors

Similar Companies

Synthetix & 75 more

View EdgeX's full profile

EdgeX has raised funding over 2 rounds. Its first funding round was on Dec 2024. Its latest funding round was a Seed round on Feb 10, 2026 for $*****. 1 investor participated in its latest round. EdgeX has 2 institutional investors.

Here is the list of recent funding rounds of EdgeX:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 10, 2026	8618900	Seed	5398631	5105097	2564744	3094476
Dec 2024	9353031	Seed	5224994	4057573	Amber Group	2520158

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Top competitors of EdgeX include Synthetix, Blofin and Drift. Here is the list of Top 10 competitors of EdgeX, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Synthetix 2017, Sydney (Australia), Series B	Operator of a platform for perpetual futures trading on Ethereum	$36M	Coinbase, IOSG Ventures & 17 others	67/100
2nd	Blofin 2019, George Town (Cayman Islands), Series B	Cryptocurrency futures trading platform	$50M	KuCoin, SIG & 1 others	63/100
3rd	Drift 2021, United States, Series B	Future & options focused trading solutions for cryptocurrency	$28.8M	Multicoin Capital, Robvc & 12 others	56/100
4th	DYDX International 2017, United States, Series C	Developer of a decentralised platform for perpetual contract trading	$87M	Andreessen Horowitz, Polychain & 44 others	55/100
5th	Avantis 2023, New York City (United States), Series A	Decentralized cryptocurrency trading platform	$16M	Pantera Capital, Founders Fund & 7 others	53/100
6th	Aark Digital 2023, New York (United States), Seed	Decentralized derivatives exchange platform	$6M	OKX, HashKey Capital & 8 others	50/100
7th	MYX Finance 2023, Singapore (Singapore), Seed	Online platform for perpetual trading	$5M	Consensys, HSG & 12 others	49/100
8th	EdgeX 2023, Singapore (Singapore), Seed	Developer of decentralized exchange platform providing perpetual and spot trading	-	Amber Group, Circle	49/100
9th	LogX 2021, George Town (Cayman Islands), Seed	Provider of a decentralized derivatives trading platform and DeFi superapp for on-chain perpetuals trading	$10.1M	Saison Capital, Antler & 19 others	48/100
10th	ETHGas 2024, Cayman Islands, Seed	Operator of a marketplace for Ethereum blockspace commitments and trading	$17M	Polychain, Lafayette Macro Advisors & 6 others	45/100