El Dorado Exchange (EDE) is a decentralized spot & perpetual exchange, focused on becoming the go-to place for decentralized trading on the blockchain. Traders can trade with up to 50x leverage, experiencing no slippage, zero spreads, and low fees. Users have the opportunity to mint an ESBT, a Soul Bound NFT, which rewards them for engaging with the EDE platform. Liquidity providers contribute liquidity using an indexed token called ELP, which is hedged with stablecoins. In return, they earn trading fees and additional token rewards. EDE also supports a DAO treasury through EDET.