El Dorado Exchange (Arbitrum) (EDE) is a decentralized spot and perpetual social trading platform on BNB Chain and Arbitrum. More
| Fully Diluted Valuation | $58,858 |
|---|---|
| 24H Trading Volume | $28 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 5.99 M |
| Total Supply | 15.15 M |
| Max Supply | 15.15 M |
| Categories | Decentralized Finance (DeFi) |
|---|---|
| Founder | Anonymous |
| Website | |
| Socials | |
| Chains | El Dorado Exchange (Arb) Ecosystem |
| Explorer |
| Name | Pair | OG Score |
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El Dorado Exchange (EDE) is a decentralized trading platform on BNB Chain and Arbitrum. It offers secure and efficient spot and perpetual trading, focusing on social trading where users can interact and trade transparently.
Main Features
EDE has several key features:
Decentralized Social Trading: Traders can interact and trade transparently on-chain.
Spot and Perpetual Trading: Trade popular assets like BTC, ETH, and BNB with up to 50x leverage, no slippage, zero spreads, and low fees.
On-Chain Transactions: All interactions and transactions happen on-chain, ensuring security.
Multi-Asset Liquidity Pools
EDE supports trading through three unique multi-asset liquidity pools. These pools allow liquidity providers to earn fees from market making, swaps, and leverage trading, making it attractive for investors.
EDE Tokenomics
EDE uses its own utility token, EDE. Here’s how it works:
Staking EDE: Users can stake EDE tokens for periods from 7 days to 4 years. Longer stakes earn more rewards.
Rewards: Staking EDE gives users the governance token (gEDE), EUSD, and more EDE tokens, encouraging long-term participation.
Unique Elements
EDE offers innovative features:
ESBT (Soul Bound NFT): Users can earn rewards by minting an ESBT NFT, which tracks their interaction with the platform.
ELP (Indexed Token): Liquidity providers use ELP, an indexed token hedged with stablecoins, to ensure stability and earn trading fees.
Conclusion
El Dorado Exchange (Arbitrum) (EDE) offers a secure and rewarding decentralized trading experience. With its focus on social trading, innovative tokenomics, and unique features, EDE is set to become a significant player in the DeFi space, benefiting both traders and liquidity providers.
El Dorado Exchange (EDE) offers decentralized social trading with zero slippage, no spreads, and low fees on top assets like BTC, ETH, and BNB, supported by unique multi-asset liquidity pools and innovative tokenomics.
The founders of El Dorado Exchange (EDE) have not been disclosed.
