edgeX Labs, a high-performance modular financial system incubated by Amber Group, officially launched its first high-performance application, edgeX exchange. edgeX exchange is a high-performance, order book-based decentralized perpetual contract exchange designed for professional traders, with the experience and unique features of centralized exchanges.Members of edgex Labs come from Barclays Bank, Morgan Stanley, Bybit, Huobi, and other companies, and are developing a variety of trading and liquidity-based applications that aim to merge the capabilities and performance of centralized finance (CeFi) with the security and transparency of decentralized finance (DeFi) to create an on-chain financial system.As of now, edgeX labs has received about $10 million in liquidity funding from institutions such as Amber Group and SNZ Capital.