| General information | |
|---|---|
| Global rank: | 741 |
| Name: |
Vertex Protocol |
| Symbol: | VRTX |
| Current coin price (UGX): | 296.82 USh |
| Last hour: | arrow_upward0.330 % |
| Last 24 hours: | arrow_upward0.490 % |
| Last 7 days: | 4.38 %trending_up |
| Capitalisation (UGX): | 95 812 084 916.89 USh |
| Volume 24h (UGX): | 5 484 323 029.24 USh |
| Available supply: | 322 797 534.00 VRTX |
| Total coin supply: | -1 VRTX |
| Start date: | 2023-11-08 |
Vertex Protocol/Ugandan Shilling (VRTX/UGX) price chart
Vertex Protocol/Ugandan Shilling (VRTX/UGX) capitalisation and volume charts
Vertex Protocol (VRTX) is a cryptocurrency and an ERC-20 token on the Ethereum and Arbirum blockchains that represents the native token of the Vertex network. Vertex is a hybrid orderbook-AMM decentralized exchange (DEX) that offers spot, perpetuals, and an integrated money market on the Arbitrum layer 2 scaling solution. Vertex aims to provide a fast, secure, and capital-efficient trading experience for users, with low fees, high performance, and cross-margin features.
Vertex Protocol (VRTX) was created by the Vertex team, led by Darius Tabatabai and Alwin Peng, who met in 2022 and bonded over their shared interests in problem-solving and building new things.
$VRTX is used for several purposes, such as:
Participating in the Vertex network governance, where $VRTX holders can vote on proposals and parameters that affect the network.Staking on the Vertex network, where $VRTX holders can delegate their tokens to validators who secure the network and earn rewards.Transferring value across different blockchains, where $VRTX can be converted to other tokens and vice versa through the Vertex Gateways.Accessing cross-chain services and applications, where $VRTX can be used as a payment or utility token for various DApps that leverage the Vertex network.