What is Vortex Protocol
Overview of Vortex Protocol
Vortex Protocol is a decentralized derivates exchange for IBC chains built on Sei Network. Vortex offers many of the same features that centralized exchanges provide (borrow lending, cross-collateral, and cross-margining) but as a permissionless and decentralized protocol.
🌊 Perpetual Futures: Vortex offers deep liquidity for perpetual futures markets with up to 10x leverage on select markets
📊 Decentralized Orderbook: Vortex is built with Sei Network's fully decentralized on-chain limit orderbook, providing traders with the ultimate DeFi trading experience.
🏦 Cross-Collateral: Users can deposit multiple supported tokens as collateral for their positions, saving on swap fees.
💵 Cross-Margin: Leverage is supported across all positions under a single trading account, allowing for maximum capital efficiency
⚛️ IBC interoperability: Vortex is built to unite the Cosmos ecosystem with a central trading hub.
⬇️ Low Fees
⛏ MEV Protection
⚡️ Instant Transactions