$VRTX, the token of Vertex Protocol, at $0.24 is currently 50% below its all-time high from November 28th

With a Market Cap of $47 Million, this token is hugely undervalued for a protocol that pulls an averge of $400 Million in Trading Volume Daily

This could present an attractive opportunity for those who see long-term potential in the protocol.

Staking $VRTX contributes to the protocol's security and earns rewards for long-term commitment.

Currently, the protocol boasts 3.7K stakers with 120 million $VRTX tokens staked, representing 53% of the circulating supply.

This high staking ratio indicates strong confidence in the protocol's future and is a bullish sign for $VRTX. Whether you're a DeFi veteran or a newcomer, staking $VRTX could be a rewarding way to support the Vertex ecosystem, while earning some extra incentives.

Sources

• Coin Market Cap (Circulating Supply Values)
• Shoutout to Yasmin, as the staking chart was adapted from her Dashboard