What is VRTX

1. Project Introduction
Vertex Protocol is a decentralized exchange (DEX) built on Arbitrum, combining a central limit order book (CLOB) with an automated market maker (AMM) model. It features a cutting-edge trading engine and integrated money market to provide users with efficient liquidity and a seamless trading experience. Vertex focuses on cross-margin trading, combining spot markets, perpetual contracts, and money markets in one platform to offer the best capital efficiency. As a non-custodial platform, users retain full control of their assets at all times.
2. Team & Investment Info
Alwin Peng: Co-founder of Vertex Protocol, former software engineer at Jump Trading.
Darius Tabatabai: Co-founder of Vertex Protocol, previously head of trading at JST Capital, with 20 years of experience in options, commodities, and forex trading. Holds a BSc in Government & Economics from the London School of Economics.
Conor McNamee: Head of Product at Vertex Protocol, previously Business Development and Operations Manager at Eterna Capital.
SJ Park: Strategy Lead with 10 years of experience in rates and credit trading, formerly a portfolio manager at Goldman Sachs.
Funding: Raised $8.5 million in a seed round on April 26, 2022, with investors including Hack VC, Dexterity Capital, Collab+Currency, GSR, HTX Ventures, and others. Conducted strategic funding on June 22, 2023, with Wintermute, but the amount was undisclosed.
3. Social Media URLs
X: https://mobile.x.com/vertex_protocol
Discord: https://discord.gg/vertexprotocol
4. Token Info
Token Symbol: VRTX
Total Supply: 1,000,000,000 VRTX
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: ARB: 0x95146881b86B3ee99e63705eC87AfE29Fcc044D9 ETH: 0xbbEE07B3e8121227AfCFe1E2B82772246226128e
Token Distribution:
Ongoing Incentives: 24%
Airdrop: 10%
Investors: 8.8%
Initial Liquidity: 1%
Future Contributors: 5%
Ecosystem Support: 9%
Advisors' Fees: 0.5%
Protocol Treasury: 11.7%
Team: 20%
For details, please refer to the White Paper: https://vertex-protocol.gitbook.io/docs/getting-started/overview
5. Related Links
Official Website: https://vertexprotocol.com/
Other Info: https://www.rootdata.com/Projects/detail/Vertex%20Protocol?k=NTAyNw%3D%3D
GitHub: https://github.com/vertex-protocol/vertex-contracts