Liquidity providers deposit funds into Vertex Protocol and earn the spread between maker and taker orders.

Vertex Protocol is a non-custodial exchange built on Arbitrum that offers spot, perpetuals, and money markets with universal cross-margin accounts. Vertex Protocol launched in 2023, and was founded by Darius Tabatabai and Alwin Peng.

The Vertex Protocol team own and govern the protocol. They currently take a cut of the total trading fees paid by traders (revenue). Vertex's Protocol's investors include Wintermute, Hack VC, Jane Street, etc.

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Vertex Protocol

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Vertex Protocol - Financial statement