Crypto FX Markets. Powered by Terra.
Vertex Protocol Introduction
Vertex sets out to create the infrastructure and mechanisms necessary to bring real-world money markets and genuine financial products on-chain. Trade perpetual swaps and leveraged spot directly on-chain with Vertex. Permissionless and capital-efficient, Vertex brings the power of DeFi to users everywhere. Our vision at inception was to create a multi-currency future for Anchor. We have since started our focus on FX markets to help realize that vision and have created: Technology to support spot and derivative instruments: A clearinghouse capable of handling a range of trading instruments. These contracts will help enable FX trading on-chain and bring a range of composability and integration to Terra that was lacking previously. Our Initial MVP will be a decentralized, cross-margin trading platform launched on Terra's testnet. It will support leveraged trading and liquidity providing, first for perpetuals and then margined spot.