Try Quests to earn cryptoVertex Protocol || Decentralized Trading Powerhouse
Spot & Perp Trading Dex on Arbitrum.
Vertex Protocol:
Is a decentralized exchange (DEX) built on Arbitrum, a layer 2 scaling solution for the Ethereum blockchain. It aims to combine the efficiency and speed of centralized exchanges (CEXs) with the security and transparency of DEXs.
Key features:
- Hybrid order book and AMM: Vertex uses a unique combination of an off-chain order book for fast order matching and an automated market maker (AMM) for providing liquidity. This allows for tighter spreads and better pricing for users.
- Cross-margin trading: Users can leverage their positions across spot, perpetual, and money markets for capital efficiency.
- Fast and secure: Built on Arbitrum, Vertex offers fast transaction speeds and low fees, while inheriting the security of the Ethereum blockchain.
- Integrated money market: Users can earn interest on their deposited assets through lending and borrowing.
Vertex Protocol is a relatively new DEX, launched in April 2023. However, it has quickly gained traction and become a leading DEX on Arbitrum in terms of daily trading volume.
Dashboard Outlook:
This dashboard is dedicated to analyzing the on-chain data of the Vertex protocol.
It comprises three primary sections. The initial section provides a general overview of trading activities on this platform. The second section focuses on scrutinizing data associated with spot trading, while the third section delves into data concerning perpetual trading.
Moreover, liquidity and TVL data will be incorporated soon.