Frequently Asked Questions
Vortex offers a comprehensive and performant decentralized trading experience. Most DEXs utilize a virtual automated market-maker (VAMM) instead of an orderbook due to blockchain transaction throughput limitations or offer an off-chain orderbook solution ran on a centralized server. Vortex is able to offer a truly decentralized orderbook experience for the Cosmos thanks to Sei Network's on-chain matching system.
Vortex will offer Perpetual Futures at launch.
All Deposits in the protocol automatically earn passive APY by providing utility to Vortex's borrow lending pool.
Sei is the orderbook L1 blockchain that Vortex is built on. It is a fully decentralized, high performance, orderbook chain optimized for DeFi.
Vortex will offer cross-collateral utility, which means you can deposit any of the supported IBC tokens and use them as your collateral. We plan on increasing the number of supported collateral tokens over time.
Vortex is built to scale quickly and has the ability to support any token in the Cosmos ecosystem. The protocol will first start with a roll out of the most popular markets. Join our discord to make request for markets.
Vortex will initially offer up to 10x leverage.