Vertex (VRTX)

Trading

Vertex enables decentralized spot and perpetual cryptocurrency trading with very fast speeds (5-15 milliseconds), low fees (0% maker, 0.02% taker), and deep liquidity across multiple blockchains like Arbitrum, Base, and Sei.

Capital Efficiency

It offers isolated and cross-margin trading, allowing users to manage risk and use capital efficiently.

Multi-Chain Liquidity

Vertex connects traders across different blockchains on a single orderbook, solving liquidity fragmentation and providing better trading opportunities.

Earning and Rewards

Users can stake the VRTX token to earn rewards from protocol fees and share in the platform’s growth.

Additional Features

• Supports multiple collateral types that automatically earn interest.
• Offers lending and borrowing of assets.
• Provides one-click trading for faster sessions.
• Integrates with various DeFi tools and partners to enhance trading experience.

Pros

• Fast Trading: Executes trades in 5-15 milliseconds, offering very quick order processing.
• Low Fees: 0% fees on maker orders and only 0.02% on taker orders, making it cost-effective.
• Deep Liquidity: Provides strong liquidity across multiple blockchains, supporting trades of any size.
• Multi-Chain Support: Trades spot and perpetual markets on chains like Arbitrum, Base, and Sei with a single order book.
• One-Click Trading: Allows signing one transaction for an entire trading session, saving time.
• Cross & Isolated Margin: Offers flexible margin options for capital efficiency and risk management.
• Rewards & Staking: Users can stake VRTX tokens to earn rewards from protocol growth.
• Multiple Collaterals: Supports various collateral types that automatically earn interest even when not trading.
• Integration & Ecosystem: Works with many partners and tools, enabling advanced trading and development options.

Cons

• Newer Platform: As a relatively new protocol, it may have less historical data or user base compared to older exchanges.
• Limited Public APR Info: Staking APR details are not fully disclosed yet.
• Complexity: Features like cross-margin and multi-chain order books might be complex for beginners.

For more details, visit Vertex.

Founders of Vertex

The website https://vertexprotocol.com/ does not explicitly list the founders of Vertex. No direct information about the founders is provided on the official site.

Investors in Vertex

Vertex is backed by several well-known professional trading firms and investment groups, including Wintermute, Selini Capital, Hack VC, GSR, Jane Street, Dexterity Capital, Collab Currency, and Hudson River Trading. These investors support Vertex's growth and development in decentralized crypto trading.

Halal Status of Vertex

• Yes: Vertex is a decentralized crypto trading platform focused on spot and perpetual markets with no interest-based lending or traditional banking features mentioned on their official site.
• Reason: It operates as a decentralized exchange without explicit involvement in interest (riba) or gambling (maisir), which are key concerns in halal finance. However, individual interpretation may vary.

For more details, visit Vertex Protocol.