edgeX launches 24/7 FX perpetuals on Arc mainnet as a Day 1 partner with 150+ trading pairs.
DeFi & Yields ·
edgeX has announced a launch of 24/7 foreign exchange perpetuals on Arc mainnet as a Day 1 partner, offering 150 or more trading pairs. Arc is Circle's stablecoin-native layer-1 blockchain designed around USDC as native gas, sub-second settlement finality, and built-in FX capabilities, backed by a $222 million token raise and early partners including Aave, Aerodrome, and Visa.
The integration positions edgeX within Arc's broader ecosystem infrastructure for institutional onchain payments and capital markets. Arc's architecture centers on deterministic finality via the Malachite consensus engine and a separate ARC token for governance and validator incentives, with a roadmap toward decentralized proof-of-stake. The platform currently operates under a proof-of-authority regime.
What remains unclear is the specific mechanics of edgeX's perpetuals offering—such as leverage terms, liquidation parameters, or oracle feeds—and whether other trading platforms plan similar Day 1 launches on Arc. The extent of institutional adoption and trading volume on the platform will shape Arc's success in competing with existing stablecoin-heavy chains for FX and capital markets use cases.