EdgeX Labs, a high-performance modular financial system incubated by Amber Group, has officially launched the first high-performance application, edgeX exchange. edgeX exchange is a high-performance, order book-based decentralized perpetual contract exchange built for professional trading users, with the experience and trading features of a centralized exchange. Edgex Labs members from Barclays, Morgan Stanley, Bybit, Huobi, and others are developing a variety of trading and liquidity-based applications, aiming to integrate the capabilities and performance of centralized finance (CeFi) with the security and transparency of decentralized finance (DeFi) to create an on-chain financial system. So far, edgeX labs has received about $10 million in liquidity from Amber group, SNZ Capital and other institutions.