Powered by Terra

Crypto FX Markets

Trade perpetual swaps and leveraged spot directly on-chain with Vertex. Permissionless and capital-efficient, Vertex brings the power of DeFi to users everywhere.

Come back soon for Phase 2!

Read the announcement

background animation image

What's Vertex all about

Platform Features

Leveraged Trading

Open long and short positions with up to 44x more buying power

Cross-Margin

Utilize collateral across positions and markets to avoid unnecessary liquidations

Expansion of utility for non-USD participants

Vertex makes it possible for non-UST stablecoins to be utilized in DeFi

Composability

Vertex brings the mechanisms necessary for numerous financial primitives to be built on-chain

Hedge & Speculate

Across various stablecoin foreign exchange markets

Provide Liquidity, Earn Fees

Take leveraged LP positions and earn commissions

Join the Community 👋

Ask questions. Meet other traders.
Come say gm in the Vertex Discord!

Tutorial 🏁

New to Terra? First time trading with leverage?
Don't worry, we got you.

Under the Hood

Get to know Vertex Protocol.

Hungry for more knowledge?

Visit our Gitbook

Announcing our Testnet Launch

The Vertex testnet MVP will be the first opportunity for Terra natives to trade derivatives using leverage within the ecosystem.

Litepaper V1

Vertex sets out to create the infrastructure and mechanisms necessary to bring real-world money markets and genuine financial products on-chain.

Introducing Vertex - FX on Terra

As crypto continues to spread into every corner of global markets, certain participants have notably been left behind.