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Vertex Protocol Lists ARB-USDC: Spot Market & Collateral

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3 years ago

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Vertex Protocol will list ARB-USDC spot market & as collateral! ๐Ÿ”๏ธ Pair: ARB-USDC (@arbitrum) ๐Ÿ—“ Trading: Thursday 22 June, 16:00 UTC Still got your $ARB airdrop anon? Deposit on Vertex, and start trading. Read on for everything you need to know ahead of listing ๐Ÿ‘‡๐Ÿงต
2/ Vertex's technical design is unique and enables a variety of DeFi strategies. Combining an AMM and orderbook with integrated DeFi products, including a Money Market, Perps & Spot Markets opens up a plethora of opportunities. Gud design, now lets get into the meat of it.
3/ By depositing $ARB as collateral users can tap into Vertex's integrated money market ๐Ÿ’ธ Either, borrow assets against their ARB to secure loans. Or, earn a proportional share of interest rates paid by borrowers = passive real yield on idle deposits. Think Aave, inside a DEX
4/ Go long or short on $ARB, while avoiding perp funding rate payments. Using Spot Leverage on Vertex, users can auto-borrow against their margin. Think looping, but faster & more capital efficient. โžก๏ธ Leverage Spot BUY = Long โžก๏ธ Leverage Spot SELL = Short
5/ Utilize LP Positions as margin. Provide liquidity to the ARB-USDC pool and earn trading fees, while utilizing your LP position as margin to actively trade Perps and earn $VRTX trading rewards on top. Or maybe you just want to hedge your LP position? All possible on Vertex.
6/ If you haven't had enough yet... Make use of Vertex's cross margin accounts to run delta-neutral strategies and funding rate arbitrage. Learn more about the strategy from the tweet below ๐Ÿ‘‡ twitter.com/vertex_protocol/status/1661110006652235776?s=20
7/ Please remember that the above are simplistic and educational examples intended only to display the advantages of trading on Vertex.
8/ The cherry on-top? Trade on Vertex. Earn $VRTX. Participate & earn a share of 9% of the token supply, claimable October 2023. Learn more about Vertex's Trade & Earn Program below: vertex-protocol.gitbook.io/docs/community-token-and-dao/trade-and-earn-program
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Vertex ๐Ÿ”

@vertex_protocol

Lightning-fast orderbook DEX with powerful trading features & cross-margin for maximal efficiency. Trade 60+ perp & spot markets: app.vertexprotocol.com