ZachXBT: edgeX is highly associated with a certain exchange
On December 15, ZachXBT posted that during his investigation, he noticed a clear connection between the decentralized derivatives trading platform edgeX and certain market-making and capital networks active around a particular exchange. At the same time, he proposed a working hypothesis that this network may be linked to previous attacks on Hyperliquid carried out through projects such as JellyJelly and Zerebro. Currently, these assessments are still based on on-chain and trading behavior analysis and await further evidence for confirmation. Amber Group, in its accelerator program amber.ac, explicitly listed edgeX as one of the first batch of incubated projects, and the official X account also claims to be a permissionless liquidity network incubated by Amber Group.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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