Developed by Edge Labs, EdgeSwap is an Ethereum-based layer 2 trading protocol that adopts the ZK Rollup technology. With the industry’s top-grade hardware acceleration solution and circuit optimization system, EdgeSwap provides the market with high-performance, cost-effective swapping and farming services. At the same time, it protects users’ assets and privacy through the highest level of security among layer 2 scaling solutions.
Data type: Price feed
Use case: The feed will be used to calculate the asset price
Delivery method: API
Methodology: MEDIR 10s (adjusted/ based on MEDIR: Median with Interquartile Range Filter - DIA Documentation)
Sources (by chain/version): All available markets
Pairs: BTC/ USD, ETH/ USD
Other relevant information: -
The Layer2 contract is a decentralized perpetual contract deployed on the Layer2 Ethereum network. There is no delivery date. As long as the contract is not liquidated, users can keep it.
Has the following characteristics:
The account adopts two modes of Rollup & Validium: the system registers two accounts by default, displays Validium to the user, and can switch freely between the two. The data under each account is independent, and the positions are independent.
Validium mode: transaction data is stored off-chain, and transaction fees are cheaper.
ZKRollup mode: The transaction data is stored on the chain, and the data can be queried on the chain.
Settled in USDC: Contracts are priced and settled in USDC.
Expiration Period: Perpetual
Funding fees: U-margined perpetual contracts will incur funding fees.
Liquidation price: The liquidation price is calculated using the oracle price.
Maximum leverage: The maximum leverage is 25X, which is subject to the currency pair contract information.