Vega Protocol

Vega Protocol

Vega Protocol is an open-source, decentralized protocol for creating and trading derivatives. It enables developers, traders, and market makers to run high-performance, permissionless markets without intermediaries, gas fees, or latency issues. The platform aims to provide a decentralized alternative to traditional finance with comparable efficiency. Recently, the community voted to retire the Vega chain, signaling a new phase for the project.
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Vega Protocol


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Description

Vega Protocol is a decentralized exchange (DEX) that offers non-custodial and pseudonymous trading of cash-settled futures and perpetuals on a purpose-built proof of stake blockchain. It features low fees, transparent and open-source trading, and permissionless market creation.

TVL: $363K


Chains:
EthereumArbitrum