TechFlow news, on April 23, edgeX VAULT officially launched and reached its hard cap within three hours. edgeX Vault is part of the eStrategy sector within the edgeX ecosystem. eStrategy aims to build a CeDeFi on-chain asset management system, with the first Vault being a liquidity provision Vault based on edgeX exchange. The Vault's returns come from automated market-making revenue on edgeX exchange, liquidation fees, and a portion of transaction fees.
According to Defilima, as of now, edgeX's average daily transaction fee income is $30,000. The APR for edgeX Vault at launch was 280%.
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