Sniping or Tactics? Edel's Token Release Ignites Discussion on DeFi Equity
- Edel Finance-linked wallets allegedly bought 30% of EDEL tokens via bot-driven "sniping" tactics, sparking DeFi fairness concerns. - The $11M acquisition involved 160 wallets funded through Binance/MEXC, with half distributed to 100 secondary wallets linked to MEXC. - Despite co-founder's defense of the strategy, EDEL's market cap dropped 62% as governance transparency and tokenomics centralization drew criticism. - The incident highlights risks in rapid token launches and regulatory scrutiny amid growin
Wallets associated with Edel Finance have come under investigation after reportedly securing 30% of the EDEL token supply during its launch on November 12,
Bubblemaps revealed that these wallets received
The EDEL token, which supports a lending platform for tokenized stocks and real-world assets (RWAs), has seen its market value fall to $14.9 million,
The sniping controversy brings to light widespread concerns about how tokens are distributed in the crypto industry. While some believe that early adopters using bots are simply part of market behavior, others argue these strategies are unfair and manipulative. This discussion is especially relevant in DeFi, where decentralization is a fundamental value.
Edel’s co-founder has yet to elaborate on the token allocation process, leaving the community to speculate about the company’s motives. At the same time, the project’s tokenomics—featuring a total supply of 1 billion EDEL and a circulating supply of 1.4 million—point to significant centralization at launch
This dispute adds to a turbulent year for tokenized assets, both in terms of regulation and market activity. In October, Ondo Finance expanded its tokenized products to the
As the cryptocurrency sector evolves, incidents like this are likely to impact investor confidence and attract regulatory attention. For now, Edel Finance’s response to these issues and its commitment to transparency will be crucial in shaping its future within the DeFi landscape.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Updates: Bitcoin ETFs See $3.8B Outflows While Solana Gains Momentum as Investors Shift Funds
- U.S. Bitcoin ETFs lost $3.79B in November 2025, with BlackRock's IBIT leading $355.5M outflows amid Bitcoin's six-month low below $95,000. - Outflows driven by profit-taking and macroeconomic pressures, including weak labor markets, sticky inflation, and tighter liquidity conditions. - Solana ETFs attracted $531M in first week, capitalizing on 7% staking yields and lower fees as investors shift to alternatives during Bitcoin's decline. - Analysts remain divided on Bitcoin's trajectory, with Citigroup for

Webster, NY's Pathway to Economic Expansion and Real Estate Opportunities: An Infrastructure-Focused Growth Plan
- Webster , NY leverages $9.8M FAST NY grant and Xerox campus redevelopment to drive industrial revitalization and attract $1B+ private investment. - Strategic infrastructure upgrades and municipal boundary adjustments create shovel-ready sites for advanced manufacturing, boosting land values by 12-15% annually. - Institutional investors capitalize on pre-developed corridors, with projects like Coca-Cola's $650M dairy facility creating 250 jobs and reinforcing Webster's growth trajectory.

Bitcoin News Today: Bitcoin’s Death Cross Highlights Its Function as an Indicator of Fiat Liquidity
- Bitcoin's "death cross" signals bear market risks, historically preceding 64%-77% price drops after 50-day SMA crossed below 200-day SMA. - BTC fell to $80,500, breaching key support levels and triggering $800M in short-term holder losses amid extreme Fear & Greed Index pessimism. - Macro factors like Fed rate uncertainty and $3.5B ETF outflows worsened sentiment, with BlackRock/Vanguard trimming MicroStrategy BTC holdings. - Analysts debate outcomes: some see $100K-$110K potential as short liquidations

Hyperliquid (HYPE) Price Rally: A Tactical Move Amidst DeFi’s Changing Market Dynamics
- Hyperliquid's HYPE token surged to $60 in late 2025 driven by protocol upgrades, capital efficiency, and CLOB-driven market dominance. - Dual-layer HyperEVM/HyperCore infrastructure enabled 73% decentralized perpetuals market share with 0.02%-0.04% trading fees. - HLP program's TVL grew from $400M to $5B by 2025, offering 11% annualized returns to liquidity providers. - CLOB model outperformed AMMs with $15B+ open interest and $3T+ trading volume, bridging DeFi and CEX performance gaps. - DAT treasury an
