Pricing
Vertex
$vrtx
Audit Report
$0.02154554
+0.049%
5.4
❗️High Risk
Vertex’s VRTX token serves as the cornerstone of Vertex Edge's decentralized exchange (DEX) network, integrating spot trading, perpetuals, and money markets into a unified order book across multiple EVM-compatible chains. The tokenomics of VRTX are designed to promote sustainable growth, incentivize participation, and optimize the ecosystem's efficiency. Trading Rewards & Emissions To foster active engagement, Vertex regularly distributes VRTX tokens as trading rewards to users participating across the chains supported by Vertex Edge. The current phase, known as the Ongoing Incentives Phase, allocates 34% of the total VRTX supply—amounting to 340 million tokens—over more than 72 weekly epochs. Each epoch spans seven days, with a predetermined pool of VRTX tokens distributed to traders based on their proportional trading activity during that period. Staking Mechanism VRTX staking encourages long-term commitment and rewards participants effectively. Key features of the staking model include: - Sustainable Rewards Model: The staking rewards structure is diversified across three primary streams: 1. Base APY: A portion of the reduced VRTX emissions is allocated to provide an initial annualized yield of 15%, tapering to 1.5% over three years. 2. Fee APY: Trading fees are used to repurchase VRTX, which is then added to the staking pool. Initially, 50% of all protocol fees are dedicated to these buybacks, with a planned increase to 100% over time. 3. Loyalty APY: Revenues from early unstake penalties are redistributed as additional yield to long-term participants. - Auto-Compounding Rewards: Staking rewards are automatically compounded, increasing the user's staked balance without manual intervention. This process utilizes USDC from the protocol's trading fees to buy back VRTX, which is then distributed back into the staking pool. - Immediate Access to Maximum Rewards: VRTX stakers can earn the highest possible yield immediately upon staking, simplifying participation and enhancing accessibility. - Flexible Unstaking Options: Users can unstake their VRTX tokens at any time, subject to a 21-day cooldown period. For those preferring immediate access, an option to bypass the cooldown is available with a 10% early withdrawal penalty. Penalties collected from early withdrawals are redistributed to the subsequent week's yield pool, benefiting long-term stakers. Market Maker Incentives Recognizing the pivotal role of market makers in maintaining liquidity, Vertex maintains a tiered rebate system linked to the amount of VRTX staked: - 3 million VRTX or more = 0.75 basis points rebate - 1 million VRTX = 0.65 basis points rebate - 300,000 VRTX = 0.55 basis points rebate - 3,000 VRTX = 0.15 basis points rebate The tiered rebate structure incentivizes deeper liquidity provision by offering higher rebates to market makers with greater stakes, thereby aligning their interests with the protocol's long-term growth. The VRTX token is natively available on Ethereum L1, Arbitrum L2, Base L2, and Blast L2 networks. In summary, Vertex’s VRTX tokenomics are strategically designed to foster sustainable ecosystem growth, incentivize active participation from various stakeholders, and ensure the long-term alignment of interests within Vertex Edge's network of exchanges.

Financial Audit

Token price

$0.02154554+0.049%

Market cap

$817,976

Volume 24h

598,153.64-1.02%

Volume by exchange type (24h)

CEX

$597.39 K-0.85%

DEX

$761.37-58.08%

Liquidity ratio 52%

Circulating supply: 528.37 M
Total supply: 1.00 B

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Technical Analysis

General Direction
Bearish
Bullish
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Current Trend
Bearish
Bear
Potential Opportunity
Neutral
Buy
Neutral
Sell
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Market State
Trending
Transition
Trend
Upcoming Move
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Fundamental

Vertex’s VRTX token serves as the cornerstone of Vertex Edge's decentralized exchange (DEX) network, integrating spot trading, perpetuals, and money markets into a unified order book across multiple EVM-compatible chains. The tokenomics of VRTX are designed to promote sustainable growth, incentivize participation, and optimize the ecosystem's efficiency. Trading Rewards & Emissions To foster active engagement, Vertex regularly distributes VRTX tokens as trading rewards to users participating across the chains supported by Vertex Edge. The current phase, known as the Ongoing Incentives Phase, allocates 34% of the total VRTX supply—amounting to 340 million tokens—over more than 72 weekly epochs. Each epoch spans seven days, with a predetermined pool of VRTX tokens distributed to traders based on their proportional trading activity during that period. Staking Mechanism VRTX staking encourages long-term commitment and rewards participants effectively. Key features of the staking model include: - Sustainable Rewards Model: The staking rewards structure is diversified across three primary streams: 1. Base APY: A portion of the reduced VRTX emissions is allocated to provide an initial annualized yield of 15%, tapering to 1.5% over three years. 2. Fee APY: Trading fees are used to repurchase VRTX, which is then added to the staking pool. Initially, 50% of all protocol fees are dedicated to these buybacks, with a planned increase to 100% over time. 3. Loyalty APY: Revenues from early unstake penalties are redistributed as additional yield to long-term participants. - Auto-Compounding Rewards: Staking rewards are automatically compounded, increasing the user's staked balance without manual intervention. This process utilizes USDC from the protocol's trading fees to buy back VRTX, which is then distributed back into the staking pool. - Immediate Access to Maximum Rewards: VRTX stakers can earn the highest possible yield immediately upon staking, simplifying participation and enhancing accessibility. - Flexible Unstaking Options: Users can unstake their VRTX tokens at any time, subject to a 21-day cooldown period. For those preferring immediate access, an option to bypass the cooldown is available with a 10% early withdrawal penalty. Penalties collected from early withdrawals are redistributed to the subsequent week's yield pool, benefiting long-term stakers. Market Maker Incentives Recognizing the pivotal role of market makers in maintaining liquidity, Vertex maintains a tiered rebate system linked to the amount of VRTX staked: - 3 million VRTX or more = 0.75 basis points rebate - 1 million VRTX = 0.65 basis points rebate - 300,000 VRTX = 0.55 basis points rebate - 3,000 VRTX = 0.15 basis points rebate The tiered rebate structure incentivizes deeper liquidity provision by offering higher rebates to market makers with greater stakes, thereby aligning their interests with the protocol's long-term growth. The VRTX token is natively available on Ethereum L1, Arbitrum L2, Base L2, and Blast L2 networks. In summary, Vertex’s VRTX tokenomics are strategically designed to foster sustainable ecosystem growth, incentivize active participation from various stakeholders, and ensure the long-term alignment of interests within Vertex Edge's network of exchanges.
CEX Listing score
Poor
Good
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Maturity: 20 months

Project
Median

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Social

Community sentiment
Bad feeling
Good feeling
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Vertex Cyber security

Website Security Grade
E
  • Domain vertexprotocol.com
  • Ip AddressDisclosed
  • ServerDisclosed
  • StackDisclosed
  • WAF protectedNo
  • Last scan 7/18/25
Application Security
Poor
Good
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X-Frame-Options
X-Content-Type-Options
Referrer-Policy
Strict-Transport-Security
Content-Security-Policy
Permissions-Policy

DNS Security

Name Servers Version Exposed
Allow Recursive Queries
Cname In NS Records
Mx Records Private IPs
Mx Records Invalid Chars

Email Security

Missing SPF
Ineffective SPF
Missing DMARC
Weak DMARC Policy
Spf Softfail Without DMARC
Missing DKIM
Infrastructure Security
Poor
Good
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Exposed ports

HTTP 80
HTTPS 443

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$VRTX Smart Contract Audit

Token Security
Poor
Good
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  • Contract
    0x95146881b86b3ee99e63705ec87afe29fcc044d9
  • Audit alerts
    25
    4
    2
    1

Tokenomics

Buy Tax
Sell Tax
Transfer Tax
Max Transaction
Max Wallet
Post Cooldown Tax
Can Pause Trading
High Price Impact

Governance

Hidden Owner
Contract Renounced
Is Proxy
Can Mint
Can Blacklist
Can Whitelist
Can Update Fees
Can Update Max Wallet
Can Update Max Tx
Can Update Wallets

Security

Is Honeypot
Has Suspicious Functions
Has Modified Transfer Warning
Has Known Scam Wallet Funding
Has Scams
Is Airdrop Phishing Scam
Has General Vulnerabilities
Can Potentially Steal Funds
Can Freeze Trading

Transparency

Has Delegated Ownership
Has External Functions
Has External Contract Risk
Is Open Source
Has Pregenerated Contract Address Risk
Has Obfuscated Address Risk

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OnChain data

5 chains

ArbitrumAvalancheSonicBaseBlast
Deployment and Activity
Bad
Good
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Decentralization
Bad
Good
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Total holders

16,345

Total transactions

4,190,435
ArbitrumArbitrum16,052+8164,171,545-11,486
Number of tokens
% of tokens
Value of holding
1
206,214,419.95
21%
$318,713.00
AvalancheAvalanche2000
Number of tokens
% of tokens
Value of holding
SonicSonic11013,3920
BaseBase27805,498+17
BlastBlast2000
Number of tokens
% of tokens
Value of holding

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