EdelPay is a self-custody crypto wallet developed by Swisscows, centered on the Edelcoin (EDLC) ecosystem. It differentiates itself by offering direct integration with metal-backed stablecoins, positioning the app as an inflation hedge for both retail and business users. While it provides standard multi-chain support for 30+ assets across 10+ blockchains, its primary value proposition is the 'Swiss-made' promise of stability and transparency within the 'Edelverse' DeFi environment.
Product velocity
Dormant
Daily rank 🇺🇸
—
Finance
Sentiment
5.0
1 reviews
Nemesis
Trust: Crypto & Bitcoin Wallet
The App DNA
What makes this app unique?
For Crypto enthusiasts and business users seeking a secure, stable, and inflation-hedged digital asset management tool with Swiss compliance standards.
What does it look like?
Key features
Direct support for buying, selling, and swapping Edelcoin (EDLC), backed by precious and base metals.
Support for 30+ cryptocurrencies and 10+ blockchains, including Bitcoin, Ethereum, and Polygon.
Full control over private keys with AES encryption stored locally on the device.
Integration with lending protocols and liquidity pools within the Edelverse ecosystem.
How much does it cost?
The app follows a free-to-use model, likely monetizing through transaction fees and by driving adoption of the proprietary Edelcoin (EDLC) token.
Velocity
Dormant developmentperformanceUX improvementsShow more...
Development has completely stalled, with the last update recorded on February 20, 2025. All recent versions were minor maintenance releases focused on bug fixes rather than new features. The app is currently in a zombie state with no significant activity for over a year.
Who built it?
Swisscows AG
11 apps tracked · Finance
User Sentiment
What do users think recently?
How are ratings & reviews evolving?
Not enough recent reviews to extract reliable themes yet.
Read the full review analysisCompetition
Competitive landscape for EdelPay Wallet - EDLC, Crypto
How's the Finance market?
The rivals identified
By Binance
The industry standard for multi-chain self-custody that EdelPay's core wallet functionality aims to emulate.
- Supports a significantly larger volume of blockchains and tokens
- Deeply integrated DApp browser and native staking features
Unlock the deeper market read.
Access the full report for freeThe Analyst's Read
Key takeaways for EdelPay Wallet - EDLC, Crypto
Where is it heading?
- v1.0.29 added Polygon support (Feb 2025) — active feature investment, not maintenance mode.
- Only 1 rating across both platforms since launch — indicates high risk of low user adoption.
The SWOT
- Unique metal-backed EDLC token integration
- Swiss-made branding emphasizing security and compliance
- Multi-chain support for 10+ major blockchains
- Direct access to proprietary DeFi ecosystem (Edelverse)
- Rising global demand for Real-World Asset (RWA) tokenization
- Capturing the European market seeking non-US regulated wallets
- B2B treasury management for inflation-hedged assets
Next best moves
Develop a physical or virtual debit card integration.
+ 2 more prioritized movesFeature gaps
Physical spending card (available in Kinesis Money but missing here) +3
Bottom line
EdelPay has a strong niche differentiator in metal-backed stability, but it is currently a 'ghost town' with almost no user feedback or ratings. To survive against giants like Trust Wallet and specialized rivals like Kinesis, it must quickly add real-world utility (like a debit card) and modernize its security stack to include MPC.
Unlock 3 critical frictions, 3 market threats, 2 more prioritized moves and the analyst’s take.
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