Vertex Protocol
Vertex
Vertex is a cross-chain DEX with a unified orderbook that brings spot, perpetuals and lending into a single app, plus VRTX token staking. It is a non-custodial protocol, but is held back by lower liquidity and less visibility than competitors such as Hyperliquid and dYdX.
Data & conditions
| Liquidity model | Hybrid |
|---|---|
| Maker / Taker fee | 0% / 0.02% |
| Markets | Spot + Perp |
| Supported chains | Arbitrum, Mantle, Base, Sei, Sonic |
| TVL (as of Jun 13) | $40M |
| 24h volume | $0 |
| Native token | VRTX |
| Fund custody | Non-custodial (funds in your wallet) |
| Supported wallets | MetaMask, WalletConnect |
| Audits | OtterSec (2023/2024) — audit smart contract core, Three Sigma (2024) — audit motori spot/perp, order book ibrido e cross-margin |
| Governance | VRTX token + Vertex DAO. V1: direct Snapshot voting by VRTX holders. V2 (active): sub-council governance model with elected core contributors, quarterly elections, quadratic voting. VRTX staking yields xVRTX and voVRTX for fee sharing and enhanced voting rights. |
| KYC | Full |
| Supported countries | US, EEA, APAC, LATAM, MENA, AFRICA · 200+ countries |
| Regulator | None |
| Segment | B2C |
| MiCA / License status | None (decentralized protocol) N/D (DEX) |
Strengths
- Cross-chain orderbook unificato; spot+perp+lending in a'app; VRTX staking.
- Self-custody: funds stay in your wallet — the platform cannot touch them.
- Permissionless and decentralized: no approval needed to operate.
- Public security audits.
Weaknesses
- Liquidità inferiore; less known vs Hyperliquid/dYdX.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (N/D (DEX)): reporting to authorities and freezes on order.
Verdict
Vertex is a cross-chain DEX with a unified orderbook that brings spot, perpetuals and lending into a single app, plus VRTX token staking. It is a non-custodial protocol, but is held back by lower liquidity and less visibility than competitors such as Hyperliquid and dYdX.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Is Vertex Protocol truly decentralized?
Vertex Protocol is a non-custodial decentralized exchange: funds stay in your wallet. Liquidity model: CLOB+AMM Hybrid. Governance token: VRTX.
Which blockchains does Vertex Protocol support?
Vertex Protocol is available on Arbitrum, Mantle, Base, Sei and Sonic.
What is Vertex Protocol's TVL?
Vertex Protocol's TVL is not available in this snapshot; check DefiLlama for the live figure.
What are Vertex Protocol's fees?
Vertex Protocol's trading fees range 0% – 0.02%. On top of these there are on-chain gas fees, which vary with network congestion.
Does Vertex Protocol support perpetuals and leverage?
Vertex Protocol offers perpetual contracts, with up to 20x leverage. It supports spot token swaps.
Sources
- Official service page Liquidity model · TVL · Blockchain · Fees · +4 Data verified on Jun 14, 2026
- blog.vertexprotocol.com Data verified on Jun 14, 2026
- cbinsights.com Legal name · Company type · Stock ticker · Stock listing · +1 Data verified on Jun 14, 2026
- defillama.com 24h volume Data verified on Jun 14, 2026
Show 7 more sources
- docs.vertexprotocol.com Bug bounty · Trustpilot reviews · Supported wallets Data verified on Jun 14, 2026
- threesigma.xyz Past incidents · Security audit Data verified on Jun 14, 2026
- tokeninsight.com Latest funding round · Investors Data verified on Jun 14, 2026
- aicoin.com Governance Data verified on Jun 13, 2026
- dexrank.com TVL Data verified on Jun 13, 2026
- official-vertex-protocol-net.pages.dev Third-party audit Data verified on Jun 13, 2026
- rootdata.com Founders Data verified on Jun 13, 2026