Rank #811
VRTX Vertex Protocol
VRTX Price
$0.07251
-1.56% Market Cap
$27.38M
24H Volume
$1.25M
Circ Supply
377.42M
VRTX Explorer & Contracts
Vertex Protocol Info
Vertex Protocol is a decentralized exchange built on Arbitrum to support spot, perpetuals, and money markets with universal cross-margin accounts. Vertex provides a transparent, self-custodied crypto trading experience with the convenience and speed of a centralized exchange.
Vertex Protocol Features
- Industry Leading Fees: Makers always trade for free. Takers pay between 0.02% – 0.04% of the trade size.
- Vertical Integration: Vertex has spot, perpetuals, and money markets all in one place. Traders can also provide liquidity to Vertex AMMs while using their LP tokens for margin. Unrealized PNL is automatically used to offset margin requirements via universal cross-margin accounts.
- Maker Rewards Program: Besides enjoying free maker trades, market makers are rewarded for providing orderbook liquidity. Through Vertex’s partnership with Elixir Protocol, retail users can participate in algorithmic market making and earn these maker rewards.
- Trading Rewards Program: Traders earn VRTX rewards through ongoing incentive emissions. VRTX is the protocol’s utility token.
Vertex Protocol News
Vertex Protocol Organization & Team
Vertex
Unlimited Technology PTE is an open-source technology company based in Singapore that built and maintains the Vertex Protocol core contracts and front-end application on Arbitrum.
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