Coin-related
Price calculator
Price history
Price prediction
Technical analysis
Coin buying guide
Crypto category
Profit calculator
Vertex Protocol priceVRTX
Vertex Protocol price calculator
More cryptocurrencies calculator >Vertex Protocol price live data summary
What is the highest price of VRTX?
What is the lowest price of VRTX?
Vertex Protocol price prediction
What will the price of VRTX be in 2025?
What will the price of VRTX be in 2030?
Vertex Protocol ratings
About Vertex Protocol (VRTX)
What is Vertex Protocol (VRTX)?
Vertex Protocol is a decentralized exchange that was introduced to the market in April 2023. It is a hybrid orderbook-AMM DEX constructed on the Arbitrum L2. Vertex implements unified cross-margin across spot, perpetuals, and an integrated money market across 23+ markets with a competitive, low trading fee model. Vertex's orderbook is highly efficient, allowing for low-latency order matching of 15 - 30 ms, similar to most Centralized Exchanges (CEXs), while still maintaining the non-custodial philosophy of DeFi.
Who are The Founders of Vertex Protocol (VRTX)?
Darius Tabatabai and Alwin Peng, two individuals with contrasting backgrounds and a nearly 20-year age gap, came together in 2022 during a period of market turbulence that swept the industry over the 2022 Summer. They were introduced by a mutual colleague and quickly found common ground in their passion for problem-solving and innovation. The growing demand for decentralized exchanges that combined the performance and capital efficiency of centralized exchanges with the self-custody values of DeFi led to the creation of Vertex Protocol.
Darius, an experienced trader with a background in FX, commodities, and crypto, previously held senior trading positions at JST Capital, CrossTower, Merrill Lynch, and Credit Suisse. He has a BSc in Government Economics from the London School of Economics and a Masters of Science in Computer Science from the University of York. Alwin, on the other hand, was the youngest person ever hired by Jump Trading and began his career in DeFi immediately after graduating from high school. He rapidly established himself as a talented and prolific developer, having initially built the popular NFT marketplace RandomEarth on Terra in 2022 before joining Darius to co-found Vertex later that summer.
How does Vertex Protocol (VRTX) Work?
Vertex Protocol has a unique hybrid design that combines a centralized limit order book (CLOB) and an automated market maker (AMM). This approach ensures that liquidity is always high as positions from pairwise LP markets populate the orderbook. Vertex's smart contracts manage the risk engine and core products, which helps to minimize gas fees and Miner Extractable Value (MEV) on the underlying Arbitrum layer two (L2) that Vertex operates on. The combination of the hybrid design and off-chain sequencer architecture enables lightning-fast trading and effective liquidity utilization across a broader range of DeFi assets. Additionally, the integrated AMM is located on-chain, which means it functions as the default state of the protocol and is managed at the smart contract level, known as "Slo-Mo Mode."
What is the VRTX Token?
VRTX serves as the fungible protocol token of Vertex Protocol, representing utility functions specified in the protocol's code. Within the DEX, VRTX has various utilities, including staking to contribute to the safety of the ecosystem, rewarding variable levels of contributions and commitments, and generating a user score known as voVRTX. This score incentivizes security and long-term commitment to the protocol, and users with higher voVRTX scores are eligible to receive rewards from a percentage of the protocol's revenue. The voVRTX boosting system aims to encourage long-term VRTX staking, increase active user participation, and benefit Vertex contributors with long-term perspectives.
Vertex Protocol price performance in USD
Vertex Protocol price history in USD
Vertex Protocol market information
VRTX to local currency
Crypto calculator- 1
- 2
- 3
- 4
- 5
How to buy Vertex Protocol(VRTX)
Create Your Free Bitget Account
Verify Your Account
Buy Vertex Protocol (VRTX)
Join VRTX copy trading by following elite traders.
Vertex Protocol news
See moreBuy more
FAQ
What is the current price of Vertex Protocol?
What is the 24 hour trading volume of Vertex Protocol?
What is the all-time high of Vertex Protocol?
Can I buy Vertex Protocol on Bitget?
Can I get a steady income from investing in Vertex Protocol?
Where can I buy Vertex Protocol with the lowest fee?
Where can I buy Vertex Protocol (VRTX)?
Video section — quick verification, quick trading
Trade
Earn
VRTX/USDT
Spot