The current real-time price of EDEL is $0.0153. In the past 24 hours, EDEL has traded between $0.0150 and $0.0180, showing strong market activity. The all-time high of EDEL is $0.1108, and the all-time low is $0.0110.
From a short-term perspective, the price change of EDEL over the past 1 hour is , over the past 24 hours is +0.20%, and over the past 7 days is -13.51%. These figures provide a quick overview of the latest price trends and market dynamics of EDEL on LBank.-21.78%
The live price of EDEL today is $0.0153, with a current market cap of $7.300M. The 24-hour trading volume is 113K. The price of EDEL to USD is updated in real time.
Before deciding whether to buy or sell EDEL, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s EDEL technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for EDEL.
How much will EDEL be worth tomorrow, next week, or next month in ? What about your EDEL assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! EDEL Price Prediction
To learn more about EDEL, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
base | 0x2cde...48f00c  | 482.211M | 48.22% |
base | 0x566b...cc5a31 | 33.929M | 3.39% |
base | 0x1961...752486 | 16.613M | 1.66% |
base | 0x5817...2c3c5b | 6.170M | 0.62% |
base | 0x4e3a...a31b60 | 5.772M | 0.58% |
Other | 455.303M | 45.53% |
Edel Finance is a decentralized, non-custodial lending protocol designed to integrate the traditional stock lending market with blockchain technology. Its primary goal is to enable holders of tokenized stocks to generate yield from their assets, bypassing conventional intermediaries. This approach seeks to offer a more direct and transparent method for participants to engage in stock lending within a Web3 environment.
Edel addresses the limitations of the traditional securities lending market, which is often inaccessible to individual participants. It aims to reallocate value from intermediaries directly to asset owners. The protocol provides genuine revenue streams derived from tokenized equities and offers continuous 24/7 access, removing the typical institutional barriers. This creates a more equitable and open lending environment for tokenized assets.
The EDEL token is integral to the protocol's functionality, powering liquidity, facilitating yield distribution, and supporting operations across all of Edel's lending markets. Its utility is specifically designed to encourage active participation, enable decentralized governance, and foster the overall growth and expansion of the Edel ecosystem. This makes the token a central component of the platform's economic and administrative structure.
The EDEL token has a maximum total supply fixed at 1 billion tokens. The distribution plan allocates 50% to the Community, 15.8% to Investors, 15.0% to a Reserve, 12.7% to the Team, 3.0% for Airdrops, and 2.7% to Advisors. This allocation structure outlines how the total token supply is distributed among various stakeholders, reflecting the project's initial distribution strategy.
A significant controversy emerged when blockchain analysis revealed that wallets linked to the Edel Finance internal team acquired more than 30% of the total EDEL token supply shortly after launch. This amount substantially exceeded their publicly committed allocation of 12.7% and contradicted the project's "fair launch" marketing. The discrepancy raised concerns about transparency and adherence to stated tokenomics.
The Edel Finance token controversy is crucial for investors as it underscores the paramount importance of transparency and strict adherence to published project plans within the crypto space. It serves as a stark reminder for investors to conduct comprehensive due diligence, actively verify team claims, and utilize on-chain data to confirm stated allocations and operations. Such events impact trust and highlight the risks associated with projects that deviate from their communicated strategies.
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