Trading services and execution
Sections ↑edgeX is an order-book trading platform whose current V2 environment differs materially from its earlier StarkEx product. V2 separates matching and risk processing from settlement, and its technical documentation describes an Arbitrum-based transitional rollup framework. The current profile therefore treats V2 as the main product and labels older USDT, margin and withdrawal guidance as V1 information. A familiar brand name does not make those operating rules interchangeable.[2]
Current activity and product scope
| Measure | Observed 20 October 2026 |
|---|---|
| Perpetual turnover | DefiLlama reported approximately US$621.69 million in 24 hours and US$26.112 billion in 30 days. These are leveraged notional volumes.Source 30 |
| Spot turnover | Separately tracked at approximately US$24.79 million in 24 hours and US$1.08 billion in 30 days.Source 30 |
| Open interest and audience | Approximately US$179.99 million open interest. The reviewed protocol page did not establish a comparable verified active-customer count.Source 30 |
The current V2 API exposes spot/perpetual asset movements, order management, account state and separate market-data connections. Its documentation explicitly distinguishes the complete platform API from the narrower coverage of a particular SDK. A function appearing in an architectural overview should therefore be checked against the current API and interface before it is treated as a usable customer feature.[19]
Live V2 perpetual examples
V2 instruction controls
| Feature | Documented behaviour |
|---|---|
| Order families | Market, limit, stop-market, stop-limit, take-profit-market and take-profit-limit instructions are represented in the V2 API.Source 21 |
| Validity and execution | Good-till-cancel, fill-or-kill, immediate-or-cancel and post-only policies are available; market orders use IOC. Expiry and signature expiry are separate fields.Source 21 |
| Conditional reference | The API supports last, index, oracle, best-ask or best-bid references. Select the intended trigger; different references can diverge.Source 21 |
| Cancellation | Cancel-one and cancel-all operations return results that need checking. Cancelling an instruction does not close an already-filled position.Source 21 |
The older general order guide describes a four-week default good-till-time limit. Its TP/SL tutorial describes reduce-only market exits attached after a position opens and triggered by last traded price. V2 supports a wider instruction and trigger set. Those older tutorials are useful for understanding the legacy interface, but they do not justify a universal four-week expiry or last-price-only statement for current V2 orders.[10][11]
Current V2 account endpoints allow a contract’s margin mode to be changed between cross and isolated, with an additional signed action. Contract-specific leverage settings can override the account default. This differs from the older guide’s use of separate USDT sub-accounts to isolate exposure. Moving collateral away or changing leverage can alter liquidation risk; choosing isolated margin does not make a position immune from liquidation.[22]
Special conditions outside underlying-market hours
| Market | Order and liquidity restrictions |
|---|---|
| Equity-linked perpetuals | When the underlying stock market is closed, market orders are rejected and only limits within the permitted band are accepted. Triggered TP/SL and other conditional orders face the same restrictions; a stop can therefore fail to produce an exit.Source 12 |
| Forex perpetuals | The guide distinguishes normal hours, reduced-liquidity windows and the Friday 17:00–Sunday 17:00 New York closure. Reduced-liquidity limits are halved; the low-liquidity period permits only reduce-only orders.Source 13 |
| Time-zone effect | Forex UTC boundaries move with US daylight saving time. Daily rollover and the periods around the weekly open/close have their own controls, even while the crypto interface remains accessible.Source 13 |
Trading fees and other costs
Sections ↑What determines the charge
| Cost | Current scope |
|---|---|
| V2 published contract default | Observed BTC, ETH and SOL metadata: maker 0.040%; taker 0.045%. These are contract defaults, before account-specific adjustments.Source 24 |
| VIP tier | The general fee guide uses rolling 30-day trading volume, aggregated across main and sub-accounts and refreshed daily at 00:00 UTC.Source 14 |
| Current personalised tariff | Use the official VIP/account screen. Its client-rendered numeric tier grid was not exposed in the reviewed retrieval, so a complete current VIP ladder is not reproduced here.Source 31 |
| Funding interval | The inspected V2 BTC, ETH and SOL contracts use 240-minute intervals. The older general funding page’s hourly description is not the current interval for those contracts.Source 24 |
Funding is a transfer between long and short positions held at the relevant assessment time: positive rates charge longs, while negative rates charge shorts. The rate can change, and closing before an assessment differs from holding through it. Read the live contract interval and funding estimate instead of assuming one exchange-wide schedule. The general guide’s displayed calculation mixes position value and price, so this profile does not reuse that ambiguous formula.[15]
The sampled BTCUSDC, ETHUSDC and SOLUSDC contracts also configure a 1% liquidation fee.[24]
Execution cost also depends on the spread, available depth, slippage and liquidation events. The old fee page’s statement that edgeX covers settlement gas is specifically about V1; it does not establish free V2 bridging or free wallet transactions. A zero percentage in a withdrawal configuration also does not remove a minimum fee, network gas or route-specific charge.[14][25]
Deposits, transfers and withdrawals
Sections ↑V2 funding configuration
| Item | Observed production scope |
|---|---|
| Trading collateral | USDC; native chain identifier 3343.Source 24 |
| Configured USDC routes | Edge, Ethereum, Arbitrum, Base, Optimism and Polygon.Source 24 |
| Configured minimums | 10 USDC deposit; 2 USDC withdrawal; withdrawal percentage 0 with minimum fee 1 USDC. Obtain the actual asset-flow quote, including route costs.Source 24 |
The current unified-asset API separates quoting, signing and submission. A withdrawal first obtains its fee, then constructs the net amount and typed-data payload, obtains the wallet signature and submits the asset flow. Retrieving deposit transaction data does not itself transfer funds. The route uses a separate asset API host, spot.edgex.exchange, and an explicit spot or perpv2 account destination. Confirm the asset, network, account, amount and fee in the actual signed request.[23]
Legacy V1 guidance — only for the matching product
| Operation | Published legacy conditions |
|---|---|
| USDT deposit | Minimum 10 USDT. Ethereum deposits need about fifteen confirmations; non-Ethereum pool routes may take up to two hours for a single deposit above US$300,000. Deposit gas remains separate.Source 7 |
| Standard Ethereum withdrawal | Batch settlement can take up to fourteen hours and requires gas. This is a V1 timetable, not a verified V2 guarantee.Source 8 |
| Fast non-Ethereum withdrawal | The old guide quotes 0.1%, minimum US$1, subject to account assets and withdrawal-pool liquidity. Its MPC flow supports Arbitrum.Source 8 |
Older onboarding permits an external EVM wallet or an email-based MPC wallet, with a six-digit email code in the illustrated flow. The guide’s USDT/Arbitrum deposit instructions belong to that older product. Email access and possession of a trading signer are different controls: users need to know which wallet owns the assets and what recovery arrangements their wallet provider actually supplies.[6]
For an uncertain deposit or withdrawal, check the asset-flow record and transaction hash before submitting another signed request. The V2 flow includes a customer withdrawal identifier to support idempotent processing. A balance displayed in the interface, a submitted flow and a confirmed destination-chain receipt are different stages; the reviewed V2 guide does not promise a single completion time for every network and route.[23]
Custody, liquidations and outage handling
Sections ↑V2 documentation describes assets held in smart contracts and trade/asset actions authorised cryptographically, with execution batched for settlement. It also claims direct contract access if the ordinary interface fails. However, the reviewed V2 custody page does not provide a complete user-run emergency procedure, required proof package or processing deadline. That gap limits how precisely an outage exit can be planned from the public guide alone.[3]
Risk control and its consequence
| Mechanism | Effect on an account |
|---|---|
| Liquidation reference | The general liquidation guide uses oracle price and maintenance margin. Last-traded price, a stop trigger and a liquidation reference need not be identical.Source 16 |
| Auto-deleveraging | When bankrupt positions leave a deficit, the risk engine can reduce profitable opposing positions without a customer close instruction. Higher unrealised profit ranks earlier, with secondary factors for ties.Source 17 |
| ADL settlement | Ordinarily uses the bankrupt position’s bankruptcy price; extreme conditions can use a risk-engine fair price. The affected portion closes, while any remainder stays open under normal rules.Source 17 |
Legacy V1 assets use Ethereum/StarkEx contracts and their corresponding forced-operation framework. This is a separate architecture from current V2 and should be identified before using an old recovery guide. The platform’s audit directory likewise links Rigsec and SlowMist reports alongside a separate StarkEx audit; the presence of those links does not establish that every current V2 component and bridge is covered by the same examination.[5][26]
StarkWare’s V1-relevant forced-transaction procedure requires the appropriate Stark key and may require a forced trade to turn synthetic exposure into collateral before withdrawal. Forced requests cannot be cancelled. The framework’s default freeze grace period is seven days, but a deployed configuration must be checked. It is not sound to turn that generic default into either an edgeX V2 withdrawal promise or a guarantee of immediate liquidity during an outage.[29]
A protocol backstop, an audit and a self-custody claim address different issues. The reviewed ADL rules expressly allow profitable positions to absorb the consequences of another position’s bankruptcy. They do not establish a customer insurance policy or an insured per-person limit. Holding signing authority does not remove market, oracle, bridge, code or settlement risk.[17]
Eligibility and account access
Sections ↑The terms bar US persons, Ontario residents/citizens/entities and restricted sanctions jurisdictions; physical location also matters. They prohibit using technical means to conceal an excluded location. Other users must still establish that leveraged trading is lawful for them. Wallet connection is not evidence of universal permission or a no-identification guarantee.[28]
V2 account settings expose per-account and per-contract trading controls, margin information and balances. The older guide allows up to twenty independent trading accounts under one wallet, but that legacy maximum is not presented here as the verified V2 account limit. The appropriate product and account identifier should be established before transferring collateral or attaching automation.[9]
Support, incidents and complaints
Sections ↑Official support routes
Scope Follow current application and support links from the verified site.
Scope General help and product announcements; not a verified telephone dealing desk.
For API incidents, preserve the request time, account and contract identifiers, client order ID, response and traceId. Public and private WebSocket services are separate from REST; reconnecting a display does not demonstrate that a pending order was cancelled. No reviewed official source established emergency voice dealing authority or a guaranteed support-resolution time.[19]
Legal permissions and protection boundaries
Sections ↑edgeX Infra Corporation provides the interface. A financial licence or statutory compensation scheme was not established. Terms select England and Wales law and individual HKIAC arbitration in Hong Kong after informal dispute handling.[28]
Company, architecture and product changes
Sections ↑The terms distinguish the interface provider from the trading protocol. Its incorporation jurisdiction was not independently established, so no entity/register mapping is asserted here.[28]
Version changes that matter to users
| Layer / product | Current interpretation |
|---|---|
| V1 | The earlier StarkEx-based venue, with its own collateral, account and forced-operation rules. Aggregate StarkEx ecosystem statistics must not be attributed to edgeX customers.Source 4 |
| V2 | Current modular trading architecture; matching and risk processing are separated from the settlement framework.Source 1 |
| EDGEStack roadmap | The V2 overview presents a further sovereign-stack stage as a future direction. A planned architecture is not treated as proof that all stated future functionality is already deployed.Source 1 |
- Operator
- edgeX Infra Corporation (interface provider)
- Exchange model
- Decentralised
- Service scope
- Current V2 order-book trading; legacy V1 conditions remain separately documented.
- Client types
- Retail clients; Professional clients
- Pricing publication
- Public pricing
- Pricing scope
- Public contract defaults; account adjustments and asset-flow quotes apply.
- Funding scope
- V2 USDC routes; V1 USDT instructions are legacy.
- Custody and asset handling
- Contract-based asset control with separate execution and settlement dependencies.
- Client eligibility
- US, Ontario and sanctions restrictions; local derivative eligibility required.
- Support
- Official Discord and written dispute notice at [email protected].
- Authorisation and registration scope
- Provider identified; no financial authorisation or compensation scheme established.
Exchange metadata checked 20 Oct 2026Source 28Source 27Source 24Source 2Source 30Source 1Source 3Source 14
API authority, records and managed strategies
Sections ↑What credentials authorise
| Access | Scope and user responsibility |
|---|---|
| Public market data | No authentication for public metadata, quotes and funding data; rate limits still apply.Source 19 |
| Private REST / WebSocket | API key, secret and passphrase authenticate private requests. Credentials are exposed through API Management → Perps V2 → SDK Signer.Source 20 |
| Trading signer | The same dialog also supplies a separate signer key for signed L2 actions. It is financial authority, not merely a password for viewing charts.Source 20 |
| Withdrawal authority | The current unified-asset withdrawal flow specifically obtains a wallet signature after quoting. Do not infer that sharing data credentials is harmless or that every key has identical withdrawal reach.Source 20 |
Stopping an external bot requires disabling further submissions and revoking or replacing its credentials, followed by separate checks of live orders, positions and collateral. The API supports order and fill histories, including liquidation and deleveraging records. A cancel request that is still pending or a credential that has been removed does not erase a previously executed position.[21]
Account records expose position and asset transactions, funding events and leverage state. These are useful reconciliation inputs, but the reviewed documentation did not establish a universal tax-ready statement or a complete consumer CSV export window. Reconcile each sub-account and the external wallet/bridge movements; a single PnL number will not capture every off-platform transfer or reporting obligation.[22]
eStrategy’s initial eLP model makes depositors counterparties to traders through an AMM strategy. Returns can come from market-making results, liquidation fees and a share of trading fees, and can be negative. The published redemption process can take up to forty-eight hours; it describes no return accrual during that redemption period. Withdrawals can cause proportional position reductions or cancellation of orders if margin becomes insufficient. Requesting withdrawal from the strategy, rather than disconnecting the wallet, initiates the exit.[18]
XP is revocable, non-transferable and has no inherent cash value or future-asset entitlement.[28]
The V2 architecture is intended to support algorithmic and agent-driven integrations. That establishes a programmable trading surface, not an independently verified AI adviser or a mandate to manage a customer’s account. Users granting execution credentials remain responsible for the strategy’s order, leverage and collateral decisions.[1]
Sources & further reading
- edgeX V2 overview edgeX · Accessed 20 Oct 2026
- V2 technical architecture edgeX · Accessed 20 Oct 2026
- V2 self-custody edgeX · Accessed 20 Oct 2026
- edgeX V1 edgeX · Accessed 20 Oct 2026
- V1 custody and forced transactions edgeX · Accessed 20 Oct 2026
- Accounts and wallets edgeX · Accessed 20 Oct 2026
- Legacy deposits edgeX · Accessed 20 Oct 2026
- Legacy withdrawals edgeX · Accessed 20 Oct 2026
- Trading accounts and margin edgeX · Accessed 20 Oct 2026
- General order-type guide edgeX · Accessed 20 Oct 2026
- General TP/SL guide edgeX · Accessed 20 Oct 2026
- Stock perpetual trading rules edgeX · Accessed 20 Oct 2026
- Forex perpetual trading rules edgeX · Accessed 20 Oct 2026
- Trading fees edgeX · Accessed 20 Oct 2026
- Funding fees edgeX · Accessed 20 Oct 2026
- Liquidation logic edgeX · Accessed 20 Oct 2026
- Auto-deleveraging rules edgeX · Accessed 20 Oct 2026
- eStrategy and eLP edgeX · Accessed 20 Oct 2026
- API V2 overview edgeX · Accessed 20 Oct 2026
- API authentication and signing edgeX · Accessed 20 Oct 2026
- V2 order API edgeX · Accessed 20 Oct 2026
- V2 account API edgeX · Accessed 20 Oct 2026
- V2 unified asset API edgeX · Accessed 20 Oct 2026
- Live V2 contract and network metadata edgeX · Accessed 20 Oct 2026
- Metadata API field definitions edgeX · Accessed 20 Oct 2026
- Published audit directory edgeX · Accessed 20 Oct 2026
- Official edgeX links edgeX · Accessed 20 Oct 2026
- edgeX terms of use edgeX · Accessed 20 Oct 2026
- StarkEx perpetual forced transactions StarkWare · Accessed 20 Oct 2026
- edgeX protocol activity and methodology DefiLlama · Accessed 20 Oct 2026
- VIP trading program edgeX · Accessed 20 Oct 2026
This profile reports dated public information, including exchange-published services and terms. It does not independently test or guarantee trading, custody, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.
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