The Modern Financial Data Platform

Subscribe for $2
Analyse
Profile
Vertex Protocol Stock

Vertex Protocol

VRTX

Price

0.00
Today +/-
+0
Today %
+0 %

Vertex Protocol Whitepaper

  • Simple

  • Expanded

  • Experte

Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
BybitVRTX/USDT0886.052.24664,246.270.03cex17/9/2025, 6:21 AM
OurbitVRTX/USDT07.896.94605,260.780.05cex17/9/2025, 6:15 AM
GateVRTX/USDT021.5713.38423,346.950.02cex17/9/2025, 6:23 AM
BitMartVRTX/USDT000343,766.950.02cex17/9/2025, 6:21 AM
XT.COMVRTX/USDT0.014.614.7137,857.040cex17/8/2025, 5:03 AM
BitrueVRTX/USDT0.06103.58565.3399,671.740cex334/8/2025, 6:35 AM
CoinExVRTX/USDT017.0210.3867,893.10.06cex127/9/2025, 6:23 AM
BingXVRTX/USDT0.010046,682.80.02cex17/9/2025, 6:21 AM
AscendEXVRTX/USDT08.328.936,159.910cex17/9/2025, 6:18 AM
BitgetVRTX/USDT0.0152.6731.0835,007.380cex17/9/2025, 6:24 AM
1
2

Vertex Protocol FAQ

Vertex Protocol is a subject of inquiry.

Initiated in April 2023, Vertex Protocol is a hybrid decentralized exchange (DEX) combining an orderbook and automated market maker (AMM) on the Arbitrum Layer 2 network. Vertex offers unified cross-margin functionality across spot markets, perpetual contracts, and an integrated money market, spanning over 23 markets, supported by a competitive low-fee trading model. The high-performance orderbook of Vertex facilitates low-latency order matching within 15 to 30 milliseconds, aligning with most centralized exchanges (CEXs), while maintaining the non-custodial principles of decentralized finance (DeFi). References to this information can be found on Eulerpool.

**What is VRTX?** The Vertex Protocol, identified by the ticker VRTX, is a cryptocurrency designed to facilitate secure and efficient digital transactions. For comprehensive information, market data, and analytics related to VRTX, please refer to Eulerpool.

VRTX serves as the protocol token of Vertex Protocol, acting as a fungible and transferable representation of the utility functions delineated in Vertex’s protocol code. The utility of VRTX within the decentralized exchange (DEX) framework encompasses the following: - Staking VRTX to enhance the security of the Vertex ecosystem. - Offering variable rewards for contributions and long-term commitments to the protocol. This is structured to encourage participants, including those who transact or trade on the protocol, engage in off-chain marketing, and/or conduct referral activities. Staking VRTX generates a user score, termed voVRTX, which is pivotal in fostering security and long-term dedication to the protocol. The amount of voVRTX generated is directly proportional to the duration for which a user's account continuously stakes VRTX. voVRTX boosting aims to achieve several key objectives: - Promote long-term VRTX staking. - Enhance active user engagement within the protocol. - Provide benefits to Vertex contributors with a focus on long-term growth. Participants demonstrating sustained commitment to the protocol through diverse contributions and participation in the ecosystem—as indicated by their voVRTX score—qualify for rewards. These rewards are derived from a portion of the protocol's revenue and distributed accordingly.

What is the Circulating Supply of VRTX Coins?

The current circulating supply of VRTX is 160 million VRTX. The total supply of VRTX is limited to 1 billion VRTX. The distribution of VRTX adheres to the comprehensive emissions schedule spanning over 6+ years, as outlined in the official documentation section of Vertex.

Who are the Founders of Vertex Protocol?

Vertex Protocol was co-founded by Darius Tabatabai and Alwin Peng. The two met in 2022 during the significant market volatility that affected the industry in the summer of that year. Darius and Alwin, despite having notably different backgrounds and an approximate 20-year age difference, connected through their mutual interest in problem-solving and innovation, following an introduction by a mutual colleague. At that time, there was a growing demand for decentralized exchanges (DEXs) that could combine the performance and capital efficiency of centralized exchanges (CEXs) with the self-custody ethos of decentralized finance (DeFi). This demand ultimately led to the creation of Vertex. Darius brings extensive experience as a trader, having worked in foreign exchange (FX), commodities, and cryptocurrency. His previous roles include Head of Trading at JST Capital, Head of Trading at CrossTower, Global Head of Metals Trading at Merrill Lynch, and Global Head of Precious Metals Trading at Credit Suisse. He holds a Bachelor of Science in Government & Economics from the London School of Economics and a Master of Science degree in Computer Science from the University of York. Alwin became the youngest employee hired by Jump Trading, entering the DeFi industry shortly after graduating from high school. He quickly established himself as a talented and prolific developer, initially creating RandomEarth in 2022, a well-known NFT marketplace on Terra, before co-founding Vertex with Darius later that summer. Today, the two remain inseparable.

Where Can I Purchase Vertex Protocol (VRTX)?

VRTX is available for trading on multiple centralized exchanges, mainly within spot markets quoted in stablecoins. The current platforms where VRTX can be bought or sold include: - Kucoin (https://eulerpool.com/exchanges/kucoin/) - Bybit (https://eulerpool.com/exchanges/bybit/) - Bitget (https://eulerpool.com/exchanges/bitget/) - Gate Startup (https://eulerpool.com/exchanges/gate-io/) - HTX (https://eulerpool.com/exchanges/htx/) - Vertex (https://app.vertexprotocol.com/vrtx)

Investors interested in Vertex Protocol are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.