The next phase of Edel Markets is taking shape.
Private trading infrastructure on Canton was the foundation.
Now comes the liquidity required to turn that infrastructure into a serious market.
We've been working behind the scenes with some of the industry's most established players.
More to come Monday.
The pieces are coming together.
I wanted to better understand @edeldotfinance Canton Dex Perps + the Privacy aspect, so I took a dive.
(yes with the use of claude and co)
This is what i found, some images might not to pinpoint accurate but was easier to understand.
#sorrynotsorry if basic.
a perp DEX isn't orderbook UI
it's what happens between order acceptance, matching, state commitment, settlement
get those boundaries wrong, users end up with inconsistent positions, settlement failures, execution engine that cannot recover cleanly
inside base:0xfb31f85a8367210b2e4ed2360d2da9dc2d2ccc95 perps 🧵
@CantonNetwork
Smart trader Bharat Krymo (@krybharat) bought 5.02M $EDEL ($143.6K).
He currently holds 113,263 $HYPE ($8.97M) and has made $12.89M in trading profits on Hyperliquid.
https://t.co/9mLBg0ZE7y
$ALLOX Community Sale update 👇
• Refunds have been sent directly to your wallet. No claim required, nothing to do on your side.
• The sale page now shows the revised unlock terms. Check your allocation and schedule there.
• TGE details are coming soon.
Stay active on our official channels so you don't miss what's next.
Only trust links from AlloX. We will never DM you first.
👉 https://t.co/Y4eP3keLn5
🔥 The $ALLOX Community Sale is officially oversubscribed.
$1,000,000 target. Cleared in 3 days.
Thank you to everyone who committed. The community showed up, and this is only the beginning.
You can still commit:
• The commitment window stays open until October 19, 12:00 UTC
• Allocations are settled pro-rata across all accepted commitments
• Any funds not accepted are automatically refunded
No risk of overpaying for your allocation. Commit now, and what isn't filled comes back to you.
👉 https://t.co/Y4eP3keLn5
🔥 $695,000 committed in under 24 hours.
The $ALLOX Community Sale went live yesterday. We are already at 69.5% of the $1,000,000 target.
• Silver: $65M FDV, 100% unlocked at TGE
• Gold: $52M FDV, 20% at TGE, 12 month linear
• Platinum: $39M FDV, 3 month cliff, 12 month linear
Window closes October 19, 12:00 UTC.
👉 https://t.co/Y4eP3keLn5