$0.05133448
- Market Cap$23,041,185.032
- 24 Hour Trading Vol$1,917,829.649
- Fully Diluted Valuation$51,334,480.468
- Circulating Supply448,958,570
- Total Supply1,000,000,000
- Max Supply1,000,000,000
- Vertex Protocol Price$0.05133448
- Trading Volume$1,917,829.649
- Market Cap$23,041,185.032
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.
| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
|---|---|---|---|---|---|---|---|
 HTX | VRTX/USDT | USDT 0.05110000 $0.05110284 | -3.77% -$0.002 | USDT 0.05500000 | USDT 0.05030000 | 2.1277% | $1.02M VRTX 20.02M |
 Bitget | VRTX/USDT | USDT 0.05110000 $0.05110284 | -3.04% -$0.00159997 | USDT 0.05300000 | USDT 0.05080000 | 0.1953% | $41.74K VRTX 816.71K |
 BingX | VRTX/USDT | USDT 0.05130000 $0.05130380 | -3.02% -$0.0016 | USDT 0.05300000 | USDT 0.05110000 | 0.3891% | $28.33K VRTX 552.11K |
 Gate.io | VRTX/USDT | USDT 0.05116000 $0.05116379 | -2.38% -$0.00124729 | USDT 0.05293000 | USDT 0.05104000 | 0.234% | $43.49K VRTX 850.09K |
 KuCoin | VRTX/USDT | USDT 0.05130000 $0.05130380 | -3.02% -$0.0016 | USDT 0.05290000 | USDT 0.05120000 | 0.1946% | $1.46K VRTX 28.50K |
 BitMart | VRTX/USDT | USDT 0.05100000 $0.05100378 | -2.49% -$0.00130018 | USDT 0.05310000 | USDT 0.05080000 | 2.1277% | $316.47K VRTX 6.20M |
 CoinEx | VRTX/USDT | USDT 0.05097000 $0.05097377 | -2.72% -$0.001426 | USDT 0.05304500 | USDT 0.05096600 | 0.8598% | $4.66K VRTX 91.32K |
 MEXC | VRTX/USDT | USDT 0.05121000 $0.05121363 | -2.57% -$0.00135 | USDT 0.05303000 | USDT 0.05106000 | 0.7008% | $29.98K VRTX 585.31K |
 Uniswap V3 (Arbitrum) | VRTX/USDT | USDT 0.33182450 $0.33177860 | N/A | USDT 0.00000000 | USDT 0.00000000 | 0% | N/A |
 Bybit | VRTX/USDT | USDT 0.05119000 $0.05119368 | -2.46% -$0.00129 | USDT 0.05300000 | USDT 0.05103000 | 0.0586% | $126.46K VRTX 2.47M |
