Edel’s SPYe and QQQe tokens have passed $2 million in combined on-chain trading volume, up from $1 million two days earlier.
The figure covers trading in both tokens together. It measures trading activity, not money deposited into Edel or the value of assets backing the tokens.
SPYe tracks SPY and QQQe tracks QQQ, with both available on Cantex. Under Edel’s product structure, the tokens provide economic exposure through debt instruments issued by Titan Labs Limited. Holders do not directly own the underlying ETF shares or receive shareholder voting rights. Primary minting and redemption remain restricted to approved participants.
Staking is the next planned addition. Edel’s October 1 update sets out Canton Coin yield, lower trading fees and reward multipliers for EDEL stakers, with tiers and participation details due the following week.
The staking program is not yet open, and the update gives no fixed yield rate or launch date. The new volume milestone therefore stands on its own: activity in Edel’s two live stock tokens has grown while the next part of the product is still being prepared.
