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VertexVRTX
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VertexVRTX

Derivative exchanges

Archived

Token Terminal has discontinued tracking for this project. Data is no longer updated; historical values remain available and accurate.

Overview

What is Vertex?
Vertex is a non-custodial exchange built on Arbitrum that offers spot, perpetuals, and money markets with universal cross-margin accounts. Vertex launched in 2023, and was founded by Darius Tabatabai and Alwin Peng.
How does Vertex work?
Liquidity providers deposit funds into Vertex and earn the spread between maker and taker orders.
Who governs Vertex?
The Vertex team own and govern the protocol. They currently take a cut of the total trading fees paid by traders (revenue). Vertex's investors include Wintermute, Hack VC, Jane Street, etc.
RevenueVertex's share of trading fees$100Connects Liquidity Providers & TradersSupply-side feesLiquidity Providers' share of trading fees$0Liquidity ProvidersFeesTrading fees$100Traders
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.

On-chain sources