EDGEN
$0.0086229588

LayerEdge (EDGEN) Price

$0.0086229588

LayerEdge (EDGEN) Price Today

The live price of LayerEdge is $0.0086229588 USD. In the past 24 hours, the trading volume of LayerEdge was $6.3M USD, with a change of +3.02%. The current live price of LayerEdge has changed by -18.11% from its 7-day high of $0.01 USD and by +5.14% from its 7-day low of $0.0082014787 USD. With a circulating supply of $1,000,000,000.00 EDGEN, the market cap of LayerEdge is currently $1.5M USD, marking a +4.44% change in the last 24 hours. LayerEdge currently ranks 1789 by market capitalization.

LayerEdge (EDGEN) Market Data

Market Cap
$1.5M
24h Volume
$6.3M
Circulating Supply
1B EDGEN
Maximum Supply
--
Fully Diluted Market Cap
$8.6M
Liquidity Indicator
416.18%
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About LayerEdge (EDGEN)


What Is LayerEdge (EDGEN) and How Does It Work?


LayerEdge (EDGEN) is a decentralized zero-knowledge (zk) proof verification layer that enhances blockchain scalability and trust by anchoring final verification to Bitcoin’s proof-of-work (PoW) consensus. It is not a traditional Layer 2; instead, it serves as a modular verification network that aggregates zk-proofs from other chains or protocols and verifies them in a decentralized manner, using a system of light nodes, full nodes, and verifiers.

Here’s how LayerEdge works:

1. Proof Aggregation: LayerEdge collects and batches zk-proofs submitted by other chains or protocols.

2. Decentralized Verification: A network of light nodes and full nodes validates these proofs using EDGEN as a staking and incentive mechanism.

3. Bitcoin Finality: Verified proofs are settled and anchored on the Bitcoin blockchain for maximum security, making LayerEdge a PoW-secured zk-proof layer.

The native token, EDGEN, powers the ecosystem by being used for staking, transaction fees, node incentives, and governance. The LayerEdge protocol can be integrated into any zk-rollup or modular chain architecture to outsource verification in a trustless, cost-efficient, and Bitcoin-secured way.

When Was LayerEdge Launched?


In May 2024, LayerEdge raised its initial capital from investors like Paul Taylor, Blockchain Founders Fund, Founderheads, BreakOrbit, Normie Capital, and Saushank. By early 2025, LayerEdge completed its two testnet phases, featuring over 130,000 CLI nodes and 500,000 verified users via zkPoH. EDGEN deposits opened immediately on Ethereum (ERC‑20), followed by trading at 10:30 UTC on June 2, available in spot markets.

LayerEdge Roadmap


1. Mainnet L1 Launch (June 2025): Full LayerEdge mainnet goes live with initial exchange listings.

2. Staking Platform Go-Live (May–June 2025): Non-custodial staking becomes available on the Edgen Chain.

3. edgenOS Testnet Tools (Q2–Q3 2025): Browser extension and desktop app for proof verification roll out in beta.

4. Ecosystem Expansion (Q3 2025): LayerEdge begins onboarding new zk-apps and blockchain integrations.

5. edgenOS Mainnet Release (Q4 2025): Official launch of the lightweight verifier operating system for global users.

6. Enterprise Solutions & Interoperability (2026 & beyond): Focus shifts to cross-chain compatibility and enterprise-grade features.

What Are the Main Use Cases of EDGEN Token?


The EDGEN token plays a central role in powering the LayerEdge ecosystem, enabling secure zk-proof verification, staking, governance, and network expansion.

1. Payment for Verification Services: EDGEN is the exclusive token for purchasing zk-proof verification and Bitcoin anchoring services within LayerEdge. All decentralized zk-verification tasks (SNARKs, STARKs, HALO2, zkVM) are paid in EDGEN.

2. Incentives for Node Operators: Node operators, both light nodes via edgenOS and full aggregator nodes, stake EDGEN to earn rewards for validating, aggregating, and anchoring proofs.

3. Gas Token for Edgen Chain: EDGEN functions as the native gas currency on the Edgen Chain, supporting transaction execution and smart contracts.

4. Staking & Governance Participation: Token holders can stake EDGEN to secure network operations and vote on protocol upgrades and community proposals.

5. Liquidity & Ecosystem Expansion: A portion of EDGEN is allocated for liquidity provisioning, reserves, and future community campaigns to support growth and adoption.

EDGEN is listed under the "Innovation Zone" on BingX with the EDGEN/USDT trading pair. Deposit and trading opened on June 3, 2025. You can trade EDGEN using spot grid trading, martingale, and dual investment strategies. Before trading, make sure you’ve deposited EDGEN and selected the Innovation Zone, where trading parameters adjust dynamically based on liquidity; this helps reduce slippage.

What Is LayerEdge Tokenomics?


LayerEdge has a fixed total supply of 1 billion EDGEN tokens. About 9–10% of total supply (~90–100 M EDGEN) available at Token Generation Event (June 2, 2025).

EDGEN Token Allocation Breakdown


1. Community – 46% (460 million EDGEN): Allocated for airdrops, staking rewards, and community events. Distributed gradually to users and proof verifiers.

2. Core Contributors – 22% (220 million EDGEN): Reserved for the LayerEdge team and builders, with a 12-month cliff followed by a 4-year vesting schedule.

3. Ecosystem & R&D – 15% (150 million EDGEN): Supports grants, partnerships, and developer integrations. Vesting over 4 years.

4. Foundation Reserve – 12% (120 million EDGEN): Used for governance, legal, and operational reserves. Unlocks after a 3-month cliff, then vests over 3 years.

5. Early Backers – 5% (50 million EDGEN): Allocated to angel investors and early VCs. Vests after a 12-month cliff, completed over 15 months.

6. Initial Staking Pool – 2% (20 million EDGEN): Released at Token Generation Event (TGE) to reward early stakers and bootstrap validator participation.

How to Claim LayerEdge Airdrop


The LayerEdge airdrop involves a distribution of EDGEN tokens tied to early participation in testnet activities and proof-running via edgenOS Lite. 10% of EDGEN's total supply has been set aside for the airdrop campaign.



Participants in one or more LayerEdge testnet campaigns:


• Proof-of-Humanity: April 18–25, 2025

• Browser Light Nodes: Jan 22–Feb 28, 2025 (Phase I)

• CLI Nodes (Phase II): Mar 19–25, 2025




Additionally, Binance users holding at least 223 Alpha Points are eligible for an extra 1,111 EDGEN via Binance Alpha event.

For more information, check out our LayerEdge airdrop guide in BingX Academy.

Key Dates for the LayerEdge (EDGEN) Airdrop


1. May 31, 2025: Airdrop eligibility checker goes live on the official portal.

2. June 2, 2025 (TGE): Claim window opens, marking token generation and listing day.

3. June 2–July 2, 2025: 30-day claim window; allocations must be claimed within this timeframe.

4. June 2, 2025, 14:30 UTC+4: Binance Alpha airdrop claim begins for eligible users. Use 15 Alpha Points to claim the reward.

Here's how you can claim your $EDGEN tokens after the airdrop:


2. Connect your EVM-compatible wallet (MetaMask, WalletConnect, etc.).

3. Check eligibility: Your allocation will be shown based on testnet participation.

4. Claim your tokens: Follow on-screen prompts and confirm the transaction (may require minor gas fee).

5. Token arrival: EDGEN appears in your connected wallet shortly after claiming.

Don’t miss the 30-day window. Claim before July 2, 2025 to receive your EDGEN tokens for contributions made during the incentivized testnet.

How to Bridge EDGEN Tokens


EDGEN is an ERC‑20 token on Ethereum, bridged to Edgen Chain and BSC via Hyperlane’s Warp Route system, enabling native transfers across all supported chains. On Edgen Chain, EDGEN becomes the native gas token, while wrapped versions (e.g., WEDGEN) are used on Ethereum and BSC.

Here's how you can bridge your EDGEN tokens:

1. Connect an EVM Wallet: Use MetaMask, WalletConnect, Rabby, or Rainbow with access to Ethereum, BSC, and Edgen Chain.

2. Add Edgen Chain to Your Wallet: Setup Edgen Chain with: ‣ RPC: https://rpc.layeredge.io ‣ Chain ID: 4207, Symbol: EDGEN, Explorer: edgenscan.io

3. Visit the LayerEdge Bridge Interface: Head to bridge.layeredge.io, select your source and destination networks, and choose EDGEN to transfer.

4. Approve & Initiate the Transfer: Approve the EDGEN token for the bridge contract, then confirm the bridge transaction. Gas fees apply based on the originating chain.

5. Wait for Confirmation: The bridge uses Hyperlane Warp Routes. Once completed, EDGEN will arrive on your chosen chain, typically within minutes depending on network congestion.

Is LayerEdge a Bitcoin Layer-2?


No, LayerEdge is not a Bitcoin Layer-2. Instead, it is a modular zk-proof verification layer that anchors proof validation to the Bitcoin blockchain. While it uses Bitcoin’s proof-of-work (PoW) for security and final settlement, it does not process or batch transactions like typical L2s. Instead, LayerEdge focuses solely on aggregating and verifying zk-proofs submitted by other chains or protocols. This architecture allows it to provide decentralized, trustless verification while benefiting from Bitcoin’s unmatched security without altering its base layer.

How Does LayerEdge Compare to Polygon's Aggregation Layer?


LayerEdge and Polygon’s Aggregation Layer both focus on scaling through zk-proof technology, but they take very different approaches in architecture and security. LayerEdge acts as a modular zk-proof verification layer, not a transaction rollup or Layer-2. It aggregates proofs from any zk-rollup or app-chain and verifies them in a decentralized network of light and full nodes, anchoring finality to Bitcoin’s proof-of-work (PoW) chain. This gives LayerEdge unmatched neutrality and security by using Bitcoin as the final settlement layer for verified proofs. Its lightweight node setup, edgenOS, also allows millions of users to participate in proof verification with minimal hardware.

In contrast, Polygon’s Aggregation Layer is part of a unified zk-powered Layer-2 ecosystem built on Ethereum. It directly batches and rolls up user transactions from various zkEVM chains and submits them to Ethereum for finality. While it uses zk-proofs for scalability and security, its design ties closely into Ethereum’s ecosystem and staking model. Polygon’s solution is more focused on throughput, app integration, and seamless UX within Ethereum. LayerEdge, by comparison, is chain-agnostic, does not batch transactions, and serves strictly as a decentralized verification protocol that complements zk-rollups, not competes with them.

Which Wallets Support EDGEN Tokens?


LayerEdge’s native token, EDGEN, can be seamlessly stored and traded on BingX’s custodial wallet, making it the most convenient choice for users active on the BingX spot market. Depositing EDGEN into your spot wallet grants instant access to features like trading strategies, staking opportunities, and lending products without requiring external wallet management.

For users wanting non‑custodial control or multi‑chain compatibility, EDGEN, being an EVM‑compatible token, can also be stored in any standard Web3 wallets that support custom networks. Leading options include MetaMask, Rabby, Rainbow, as well as Trust Wallet, imToken, Torus, TokenPocket, and Ledger (via compatible interfaces).

What Makes LayerEdge (EDGEN) a Good Investment?


LayerEdge (EDGEN) stands out as a unique investment opportunity because it offers a decentralized, chain-agnostic approach to zk-proof verification, a critical infrastructure layer for the future of modular blockchains. Unlike traditional Layer-2s, LayerEdge does not compete on transaction processing but instead acts as a neutral zk-verification network anchored to Bitcoin’s PoW, the most secure and battle-tested consensus mechanism in crypto. This allows LayerEdge to serve any zk-rollup or app-chain by verifying and anchoring their proofs, which enhances security, scalability, and trustlessness across ecosystems. With the rising demand for modular, zk-native infrastructure, LayerEdge is well-positioned to become a foundational protocol.

From a tokenomics and user adoption standpoint, EDGEN also presents strong fundamentals. With a fixed supply of 1 billion tokens, 46% allocated to the community, and a phased vesting schedule for the team and early backers, the distribution model is designed to promote long-term growth and decentralization. The ecosystem is supported by edgenOS, a lightweight verifier platform that enables millions of users to participate in proof validation and earn rewards, creating strong utility for the token. Coupled with early listings on major exchanges like BingX, airdrop-driven user growth, and enterprise-ready architecture, EDGEN offers both speculative potential and fundamental value as the zk-proof economy expands.

 

Information source

LayerEdge (EDGEN) Price Converter

EDGEN to USD
1 EDGEN = $ 0
EDGEN to VND
1 EDGEN = ₫ 226.18
EDGEN to EUR
1 EDGEN = € 0
EDGEN to TWD
1 EDGEN = NT$ 0.25
EDGEN to IDR
1 EDGEN = Rp 142.36
EDGEN to PLN
1 EDGEN = zł 0.03
EDGEN to UZS
1 EDGEN = so'm 107.77
EDGEN to JPY
1 EDGEN = ¥ 1.25
EDGEN to RUB
1 EDGEN = ₽ 0.67
EDGEN to TRY
1 EDGEN = ₺ 0.34
EDGEN to THB
1 EDGEN = ฿ 0.28
EDGEN to UAH
1 EDGEN = ₴ 0.36
EDGEN to SAR
1 EDGEN = ر.س 0.03
LayerEdge Price Converter

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Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.
Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.