Vertex Protocol Launches Beta API on Arbitrum for DEX Testing
It is reported that Vertex Protocol, a decentralized foreign exchange platform, launched a beta version of the API only on Arbitrum. Partner institutions, mark…
It is reported that Vertex Protocol, a decentralized foreign exchange platform, launched a beta version of the API only on Arbitrum. Partner institutions, market makers and other participants can insert Vertex sequencers and perform automatic transactions through the API, aiming to test the order book and other components of DEX before the official launch.
The decentralized foreign exchange platform Vertex Protocol has launched a beta version that is limited to API access
Analysis based on this information:
Vertex Protocol, a decentralized foreign exchange platform, has announced the launch of a beta version of its API on Arbitrum platform for testing. The beta API enables partner institutions, market makers, and other participants to test the order book and other components of the decentralized exchange (DEX) before its official launch. Arbitrum is a Layer-2 scaling solution for Ethereum, which provides fast and efficient transaction processing.
The Vertex Protocol platform provides a decentralized and transparent trading platform that ensures equal opportunities for all market participants. The platform operates on smart contracts and utilizes machine learning algorithms to optimize trading outcomes while minimizing risks. Vertex’s launch of the beta version of its API on Arbitrum is aimed at testing the DEX and demonstrating the benefits of transparent trading in the decentralized finance (DeFi) sector.
By launching the beta API only on Arbitrum, Vertex Protocol seeks to benefit from the platform’s fast and efficient transaction processing capabilities. This allows market participants to conduct automatic transactions through the API, which is a crucial feature for high-frequency trading strategies. The beta API’s automated transactions will enable Vertex to test the order book and other key components of the DEX more efficiently and accurately.
The Vertex Protocol team is optimistic about the impact of its DEX on the DeFi sector. The team believes that the use of smart contracts and machine learning algorithms can fundamentally change the way financial markets operate. The platform aims to remove intermediaries from the trading process and promote transparency, fairness, and trust in the financial system.
In conclusion, Vertex Protocol’s launch of the beta version of its API on Arbitrum for testing indicates the growing interest in DEXs and DeFi solutions. The integration of smart contracts, machine learning algorithms, and fast and efficient transaction processing capabilities can create a decentralized and transparent financial system that promotes fairness and trust. Vertex’s beta API represents an important step towards the development of a new generation of decentralized financial exchanges.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/8778/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
Uncovering the Mystery of the DOGE Transfer
It is reported that according to Whale Alert monitoring data, 60.33 million DOGE were transferred from unknown wallets to Coinbase, with a value of about 5.1 m…
-
Elon Musk Endorses Open AI’s ChatGPT but Insists on Legislative Protection for AI Security
According to reports, as the founder of Open AI, Tesla CEO Elon Musk gave ChatGPT a high evaluation, but he also expressed concern about the potential security…
-
When will iota be launched (iotsf)?
When will iota be launched? What is iOTA? In September 1, 2017, the blockchain s
-
Paxos Treasury destroys $703 million worth of BUSD tokens in 27 hours.
It is reported that the data of Nansen, a blockchain intelligence company, shows that the Paxos Treasury encrypted wallet transferred $703 million worth of BUS…
-
Moxy raises over US $10 million to expand its Web3 game platform
It is reported that the Web3 game platform Moxy has announced that it has completed more than US $10 million of financing, with the participation of investors such as Shima Capital, Polygon, MetaTope and GSR. Moxy’s Web3 game platform based on the FLOW blockchain-driven helps players including E-sports players and other players participate in the game and gain incentives in a decentralized, safe and stable way. At the same time, it also allows game developers to seamlessly create NFT based on game assets to promote the popularity of E-sports. In addition, Moxy also uses a unified digital wallet to participate in the game ecosystem so that players can store cryptocurrency and NFT. It is reported that Nolan Bushnell (founder of Atari) Lawrence Siegel (President of Sega Europe) and Tony Bickley (Director of Sega Europe) have joined the Moxy team. Web3 game platform Moxy completed financing of more than US $10 million Analysis based on this information:Moxy, a Web3 game platform…
-
Table of Contents
According to reports, well-known investor and billionaire Peter Thiel expressed concern about Mark Zuckerberg\’s obsession with the metaverse before suddenly resigning from Meta\’s b
-
Mysten Labs co creation: SUI has no air drop plan
According to reports, in response to a series of tweets posted by a Twitter user regarding \”If You Earn SUI Airdrops\”, Adeniyi Abiodun, co-founder and Chief Product Officer of Sui\’
-
Arbitrum’s Ecological Index Successfully Completes Public Offering
On February 21, it was reported that the public offering of Arbitrove, the product of Arbitrum ecological index, had been completed through Launchpad, raising …
-
Decentralized Exchange Trading Volume Sets New Record
According to reports, Defi Llama data shows that on March 11th, with the anchor of the USDC, the single day trading volume of the Decentralized Exchange (DEX) hit a high of about $25 billion. Previously, DEX’s single day trading peak ($24.3 billion) occurred in May 2021, when the BTC price was approximately $65000 and the ETH price was approximately $4400. DEX trading volume hit a high of about $25 billion on the day of USDC’s anchor release Analysis based on this information:Keyword: Defi Llama, USDC, Decentralized Exchange The latest market report reveals that the daily trading volume of Decentralized Exchanges (DEXs) across the board hit $25 billion on March 11th. Defi Llama data indicates that the uptick was anchored by the stablecoin USDC. This milestone marked a significant increase in DEX trading volume compared to the previous peak of $24.3 billion, set in May 2021 at a time when Bitcoin and Ethereum prices soared to extraordinary heights of $65,000 and…
-
What is the pps rate (how is pps calculated)?
What is the pps rate? According to Coinmarketcap, what happens when the number o
-
The Youthful Brilliance of Vitalik Buterin
It is reported that Watcher. Guru tweeted that Vitalik Buterin was only 19 years old when he wrote the Ethereum white paper.
Watcher. Guru: Vitalik But…
-
President Biden to Address Banking Situation in Speech
According to reports, the White House of the United States announced that US President Biden would deliver a speech on the banking situation at 8am EST on Monday (8pm EST on Monday). White House: Biden will deliver a speech on the banking situation at 8:00 a.m. EST on Monday Analysis based on this information:The White House recently announced that US President Joe Biden is set to deliver a speech on the banking situation in the United States at 8am EST on Monday. This announcement comes after months of speculation over the President’s plans to tackle the country’s ongoing economic crisis, which has been exacerbated by the pandemic. The upcoming speech is expected to focus on the current state of the banking industry, including measures to enhance access to financial services and support small business owners. The banking situation in the United States has been a topic of concern for many individuals, particularly those facing financial constraints due to the pandemic….
-
Global Stock Markets Experience Significant Decline
According to reports, the US dollar index rose 0.71% to 104.4. The US stock futures index expanded its decline, with all three major stock index futures falling more than 1%, while the S&P 500 futures led the decline with a 2% decline. In terms of European stocks, the stock indexes of France, Italy, and Germany fell more than 3%, while the stock indexes of the UK fell more than 2%. Credit Suisse’s US stock market fell more than 20% in early trading, continuing to hit a record low. Credit Suisse’s one-year CDS offer was close to 1000 basis points, and its largest shareholder ruled out providing further assistance to the bank. BNP Paribas shares fell 8% at one point. Futures on the FTSE China A50 index also fell nearly 1%. European banking sector weakened again, with S&P 500 futures down 2% Analysis based on this information:Global stock markets have experienced significant declines as the US dollar index rose 0.71% to…
-
Why Does Huohuobi Rise so Fast?
Why does Huohuobi rise so fast? Bitcoin has risen from $43,000 to $58,000 in the
-
FDIC Pays Close Attention to the Bid for Signature Bank and SVB
According to reports, market news: The Federal Deposit Insurance Corporation (FDIC) is focusing on Friday’s bid for Signature Bank and Silicon Valley Bank (SVB). US FDIC is focusing on Friday’s bid for Signature Bank and Silicon Valley Bank Analysis based on this information:The Federal Deposit Insurance Corporation (FDIC) is a governmental agency that aims to provide insurance protection for depositors and promote the stability and safety of the banking system. Recently, the agency has reportedly been paying attention to the bid for Signature Bank and Silicon Valley Bank (SVB). Signature Bank, headquartered in New York, is a full-service commercial bank that provides financial services to businesses, individuals, and other organizations. SVB, based in California, is a bank that specializes in serving start-ups, venture capitalists, and technology companies. The FDIC has the power to approve or reject the acquisition of banks based on various factors such as the financial health of the acquiring company, the potential impact on competition, and the…
-
Understanding the Growth of Digital Collections in the International and Domestic Markets
According to reports, according to peer data, the International Weekly Index of Digital Collections increased by 3.4 points to 17.7 points last week (March 28th to April 3rd, 2023)