Projects

Vertex - Logo

Vertex (VRTX)

Derivatives

Price

~$0.1841

Live

ATH

$0.4931

180d ago

ATL

$0.1299

18d ago

Chains

Arbitrum - Logo

1 chain

7d price +2.9%

30d price +5.6%

90d price -46.2%

180d price -60.0%

Learn more

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.