Vertex Protocol is a multifunctional decentralized exchange built on the Arbitrum network. Supported by Wintermute, GSR, Big Brain Holdings, Vertex has the potential to become a significant player in the upcoming DeFi market.
Although the project has been in development for quite some time, it has recently gained recognition in the Perpetual market by ranking among the top exchanges with the highest trading volumes in August (around $3.1 billion USD), trailing only behind dYdX and Kwenta. Besides, Vertex's trading volume has even surpassed GMX.
It's worth noting that after the crash of Luna, Vertex also took a significant amount of time to fully transition to Arbitrum. Recently, Wintermute's role as one of the largest MM in the public investment market and its support for Vertex have been a particularly significant key point for the project.
Currently, the project has not officially announced launch or token release, so there is still potential for an airdrop for early users. People may consider participating in the platform to have a chance to receive rewards from the project when the token is launched. Show Less
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