Edel Mainnet Propels $EDEL Token 175% Higher
On March 25, 2026, the Edel protocol launched its mainnet, activating an on-chain lending system for tokenized equities. The platform enables investors to supply tokenized shares into a decentralized market to earn yield, while borrowers can access stablecoin liquidity using the shares as collateral. Coinciding with the launch, Edel’s native token, $EDEL, debuted on the WEEX exchange, which serves over 6.2 million users. The listing provided immediate liquidity and visibility, driving the token's price up by 175% since its launch and signaling strong initial market demand.
Protocol Attracts 90,000 Users by Targeting Equity-Backed DeFi
Edel directly addresses a significant gap in the decentralized finance market, which has historically focused on crypto-native assets. Unlike established platforms such as Aave, Edel's infrastructure is specifically engineered to handle the unique complexities of equities, including dividend flows, corporate actions, and specific trading conditions. This focus attracted substantial interest during its development phase, with over 90,000 users participating in its testnet, including more than 10,000 active users on the Robinhood Chain testnet. By replacing slow, centralized brokerage systems, Edel aims to redirect lending revenue back to the asset owners.
We’re building infrastructure that allows investors to use their equity holdings more efficiently. Access to credit shouldn’t be limited by legacy systems when the underlying assets already exist in digital form.
— Andrés Soltermann, Co-founder of Edel.
Edel Signals Institutional Ambition with BlackRock Veteran Hire
Underscoring its focus on institutional-grade infrastructure, Edel has appointed Brad Klaas, the former Global Head of Securities Lending at BlackRock. At BlackRock, Klaas was responsible for one of the world's largest securities lending programs, managing tens of billions in assets. His addition provides Edel with deep expertise in traditional securities finance and signals a clear strategy to bridge the multi-trillion-dollar securities lending industry with on-chain financial systems. This move enhances the protocol's credibility and positions it to attract sophisticated market participants looking for a transparent, blockchain-based alternative to legacy credit markets.
