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Market Cap$ 2.52T-1.03%
24h Spot Volume$ 23.93B-7.11%
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Vertex Protocol

Vertex Protocol VRTX Price $ 0.170

Rank: 612

880 Watchlists

DeFi

VRTX Price

0.170
1.74%
(-$ 0.00302)
Price Range
LowHigh
$ 0.168$ 0.184

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Token

Funds and Backers

Wallets

No wallets found yet

Description

Hybrid Orderbook-AMM DEX with unified margin between spot, perps & money markets

Vertex Protocol (VRTX) Chart

Vertex Protocol price Index provides the latest VRTX price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

VRTX to USD Converter

Vertex Protocol (VRTX)VRTX

IEO

21 Nov — 21 Nov 2023

Raised

$ 40.00K

Price:

$ 0.313

ROI:

0.54x  -45.7%

Platform:

N/A

ATH ROI:

1.62x  +62%

VRTX Price Statistics

leaderboard

Market Cap

$ 53.10M

Fully diluted value

FDV

$ 169.97M

ATH Market Cap

$ 94.36M

24 Trade Vol.

$ 1.87M


Vol. (24h) / MCap

0.0352

Total Supply

VRTX 1,000,000,000

Circulating Supply

VRTX 312.40M

(31.2% of Total Supply)


Next Unlock

VRTX 26.82M

(2.68% of Total Supply)

Listing Date

21 Nov 2023

IEO Price

$ 0.313

21 Nov 2023

IEO ROI

45.7%

0.543x

All Time High

$ 0.507

27 Nov 2023


All Time Low

$ 0.118

8 May 2024


From ATH

66.5%

From ATL

44.2%

What is Vertex Protocol (VRTX)?

Vertex Protocol a decentralized FX protocol for multi-currency spot and derivatives trading.

Vertex aims to address a growing need for multi-currency DeFi applications and on-chain FX trading. Currently, the vast majority of DeFi liquidity is concentrated in US-Dollar denominated stablecoins. While non-USD stablecoins exist, the absence of a viable protocol to trade between various fiat-linked tokens has kept their liquidity thin, limiting adoption and utility. Traders looking to hedge currency risk between USD-denominated DeFi investments and their local currencies have few options.

Building at the intersection of the $5 trillion-dollar FX market and cryptocurrency derivatives, Vertex has developed the first facility for stablecoin perpetual swaps to trade on Terra. Vertex will offer a range of leveraged FX products, based around Terra’s stablecoins, enabling crypto-natives to trade, pool, borrow and lend currencies via stablecoins in a similar fashion to their TradFi counterparts.

Vertex is built on the Terra blockchain, leveraging the blockchain’s growing DeFi market share and suite of decentralized stablecoins. Terra’s high throughput and low-fee architecture enable seamless cross-border value exchange anywhere, making it an ideal ecosystem for an emerging multi-currency stablecoin protocol.

Vertex Protocol Price Today

Vertex Protocol's current price is $ 0.170, it has dropped -1.74% over the past 24 hours.

Vertex Protocol's All Time High (ATH) of $ 0.507 was reached on 27 Nov 2023, and is currently -66.5% down.

The current circulating supply of Vertex Protocol is 312.40 Million tokens, and the maximum supply of Vertex Protocol is 1.00 Billion.

Vertex Protocol’s 24 hour trading volume is $ 1.88 Million.

Vertex Protocol's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 53.10 Million.

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