 | Vertex (VRTX)Vertex Protocol is a DEX 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 CEX. Strategic Round: Details Seed Round: $8.5 Million IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is Vertex
Vertex is a cross-margined decentralized exchange (DEX) protocol offering spot, perpetuals, and an integrated money market bundled into one vertically integrated application on Arbitrum.
Vertex is powered by a hybrid unified central limit order book (CLOB) and integrated automated market maker (AMM), whose liquidity is augmented as positions from pairwise LP markets populate the orderbook. Gas fees and MEV are minimized on Vertex due to the batched transaction and optimistic rollup model of the underlying Arbitrum layer two (L2), where Vertex’s smart contracts control the risk engine and core products.
Vertex boasts extremely low-latency trading and effective liquidity utilization across a broader range of DeFi assets as a byproduct of its hybrid orderbook-AMM design. The off-chain sequencer architecture also helps to minimize the Miner Extractable Value (MEV) characteristic of Ethereum L1 while enabling lightning-fast trading.
DetailsToken supply: 1,000,000,000 VRTXRaised: 8,500,000 USD LegalBlockchain Platform: ArbitrumRegistration year: 2021 | Token infoTicker: VRTXType: Utility-token Token standard: ERC-20 Token distribution: Ongoing Incentives - 37.0% Initial Token Phase - 9.0% Early investors - 8.5% Initial VRTX Liquidity - 1.5% MM Liquidity - 3.0% Future Contributors - 5.0% Ecosystem Fund - 8.0% Treasury - 8.0% Founding Team - 20.0% |
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