flipside

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    TheLaughingMan
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    @theelaughingman

    Vertex Protocol Hub

    hexagon

    Flipside AI

    Vertex Protocol's multi-chain perpetual trading platforms demonstrate robust market activity, with Sei blockchain leading in trading volumes at $186M and Arbitrum dominating user acquisition with 1,570 unique traders (79% of new users). The platforms generated an impressive $17.23B in total trading volume and $2.49M in fees, highlighting significant cross-chain derivatives market engagement, despite experiencing declining user retention rates from 44% to 9% over 12 weeks.

    Note:

    • When calculating the volumes of the various instances together -

      • The volume contributed by the EDGE module is filtered/ignored
      • This is done to avoid double counting the volume across the 2 instances where EDGE facilitated the trade, regular trader/real volumes are not impacted.

    • Abstract/Sonic instances are currently not absorbed!

    Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.