As of mid-December 2025, EdgeX, a decentralized perpetual futures exchange incubated by Amber Group has flipped Hyperliquid in daily fee/revenue generation, according to multiple sources tracking on-chain data including DeFiLlama. Recent posts and reports from December 14, 2025, highlight EdgeX taking the top spot in 24-hour protocol revenue among perp DEXs. This marks a significant
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