The valuation gap here is pretty wild. EdgeX's 64c token is trading below a $2b FDV after just one day, while Lighter is sitting around $1.7b at the moment—basically neck and neck territory. Both DEXes are pretty comparable too, with similar open interest levels and 30-day trading volumes across the board. What's throwing off the numbers? The real outlier seems to be MARU, EdgeX's memecoin, which is already running up to a $450m FDV. That's probably where a decent chunk of the upside is getting priced in. Hard to say if that's justified or just typical early-stage hype, but it's definitely distorting the comparison between the two platforms.
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DegenDreamer
· 5h ago
maru, this memecoin is really outrageous. A 450 million valuation just to hype a concept... This routine is all too familiar in early-stage projects.
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SquidTeacher
· 5h ago
The meme coin that maru's meme coin was pumped up by, removing those two doesn't really make much difference in valuation, it's purely supported by hype.
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AirdropHunter007
· 5h ago
MARU's $450m FDV is really outrageous, feels like it's all just hype.
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Ramen_Until_Rich
· 5h ago
Damn MARU is starting to cut again. The absurd valuation of this memecoin is truly incredible.
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WhaleInTraining
· 5h ago
MARU's 450 million valuation is really a bit outrageous; it feels like the full power of memecoin magic has been unleashed.
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LostBetweenChains
· 5h ago
This dish of maru feels like it's betting on edgex's popularity. The 450 million has probably been exhausted long ago.
The valuation gap here is pretty wild. EdgeX's 64c token is trading below a $2b FDV after just one day, while Lighter is sitting around $1.7b at the moment—basically neck and neck territory. Both DEXes are pretty comparable too, with similar open interest levels and 30-day trading volumes across the board. What's throwing off the numbers? The real outlier seems to be MARU, EdgeX's memecoin, which is already running up to a $450m FDV. That's probably where a decent chunk of the upside is getting priced in. Hard to say if that's justified or just typical early-stage hype, but it's definitely distorting the comparison between the two platforms.