Vertex ๐Ÿ”๏ธ Announcements
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Announcement channel for Vertex news and updates.

Twitter: twitter.com/vertex_protocol
Start Trading: app.vertexprotocol.com
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๐Ÿ”ป Reminder - Taker Fee Reduction

Last week ALL Taker fees were reduced to 0.02% on Vertex!

https://x.com/vertex_protocol/status/1737518460832555244?s=20
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๐Ÿ“ฃ New Listings on Vertex!

You can now long or short the following perp markets:
$IMX-PERP
$ADA-PERP
$SNX-PERP
$INJ-PERP
$MEME-PERP

๐Ÿ—“ Trading: Live
โšก๏ธ Leverage: 10x

https://x.com/vertex_protocol/status/1737880973113798719?s=20
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๐Ÿ’™ ๐Ÿงก $ARB Incentives: Week 6 Claim LIVE

Week 6 Claim is Live!

Trade on Vertex and Earn $ARB & $VRTX!

https://x.com/vertex_protocol/status/1738182889421013428?s=20
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$VRTX Staking Rewards: Week 5 Claim Live!

A total of $177,219 $USDC.e have been distributed to VRTX stakers.

โžก๏ธ https://app.vertexprotocol.com/vrtx

Staking Rewards Calculation (Prev. 7 Days) ๐Ÿงฎ

Total Fees: 663,435 USDC
Maker Rebates: 161,774 USDC
Gas Cost: 147,223 USDC

Net Revenue: 354,438 USDC
Staking Distribution: 177,219 USDC

https://x.com/vertex_protocol/status/1739632764696309983?s=20
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๐Ÿ”๏ธ Vertex Wrapped 2023

It's been an incredible debut year for Vertex, here is too 2024!

https://x.com/vertex_protocol/status/1740432483492217301?s=20
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๐Ÿ’™ ๐Ÿงก $ARB Incentives: Week 7 Claim LIVE

Week 7 Claim is Live!

Trade on Vertex to Earn $ARB & $VRTX!

https://x.com/vertex_protocol/status/1740719388955943321?s=20
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๐ŸŽ‡ 2023 Recap - The Peak, Edition #7

In this edition of The Peak, we reminisce on all that happened during 2023, including the top feature releases, stats, partnerships & community content.

We also look ahead to what 2024 has in store for Vertex!

Give it a read ๐Ÿ‘‡

https://x.com/vertex_protocol/status/1740792310030578100?s=20
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$VRTX Staking Rewards: Week 6 Claim Live!

A total of $130,197 $USDC.e have been distributed to VRTX stakers.

โžก๏ธ https://app.vertexprotocol.com/vrtx

Staking Rewards Calculation (Prev. 7 Days) ๐Ÿงฎ

Total Fees: 430,108 USDC
Maker Rebates: 103,585 USDC
Gas Cost: 66,127 USDC

Net Revenue: 260,395 USDC
Staking Distribution: 130,197 USDC

https://x.com/vertex_protocol/status/1742169406653006137?s=20
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VRTX Trading Rewards: Epoch #10

Epoch #9 of Vertex's Rewards Program has concluded - signalling the start of Epoch #10.

โžก๏ธ Trade & Earn a share of 10M $VRTX over the next 28 days!

Claiming VRTX Rewards: Epoch #9

VRTX earned during epoch #9 will become claimable from Friday!

๐Ÿ“† Friday 5th January (13:00 UTC)

Any rewards unclaimed for the subsequent 30 days will be returned to the Treasury.

https://x.com/vertex_protocol/status/1742531375633510738?s=20
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Migration to Native $USDC โšก๏ธ

We will be migrating from $USDC.e (bridged USDC) to $USDC (native USDC) on the Vertex app.

๐Ÿ“… Thursday, 11th January 17:00 UTC

Read the below to learn more.

https://x.com/vertex_protocol/status/1742979989400908285?s=20
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๐Ÿ’™ ๐Ÿงก $ARB Incentives: Week 8 Claim LIVE

Week 8 Claim is Live!

๐Ÿ”๏ธ $VRTX Trading Rewards: Epoch 9 Claim LIVE

Epoch 9 Claim is Live.

Trade on Vertex and Earn $ARB & $VRTX!

https://x.com/vertex_protocol/status/1743256126249152721?s=20
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๐Ÿ“ฃ New Listings on Vertex!

You can now long or short the following perp markets:
$BLUR-PERP
$SEI-PERP
$NEAR-PERP
$STX-PERP

๐Ÿ“† Trading: Live
โšก๏ธ Leverage: 10x

https://x.com/vertex_protocol/status/1743316774718718062?s=20
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๐Ÿ“ˆ $40B Total Volume

Total aggregate volume on Vertex has now surpassed $40 billion since mainnet launch ๐Ÿ“ˆ

https://x.com/vertex_protocol/status/1744096313032278344?s=20
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$VRTX Staking Rewards: Week 7 Claim Live!

A total of $176,625 $USDC.e have been distributed to VRTX stakers.

Staking Rewards Calculation (Prev. 7 Days) ๐Ÿงฎ

Total Fees: 566,035 USDC
Maker Rebates: 132,792 USDC
Gas Cost: 79,991 USDC

Net Revenue: 353,250 USDC
Staking Distribution: 176,625 USDC

https://x.com/vertex_protocol/status/1744706035879981448?s=20
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โœ… Migration Complete: USDC.e to USDC

Vertex has successfully migrated from $USDC.e (bridged USDC) to $USDC (native USDC) on the Vertex app!

Deposits & Withdrawals โ†”๏ธ

โžก๏ธ Withdrawals:
โ€ข in $USDC.e until there is no more $USDC.e in Vertex's contracts.
โ€ข in $USDC once above is complete.

โžก๏ธ Deposits:
โ€ข in $USDC only.

Staking Rewards ๐Ÿฅฉ

Moving forward, and beginning on the 16th of January, staking rewards will be distributed in native USDC.

For more details on the difference between USDC.e and USDC please refer to the documentation from Circle ๐Ÿ‘‡

https://www.circle.com/blog/arbitrum-usdc-now-available

https://x.com/vertex_protocol/status/1745491926554697934?s=20
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๐Ÿ“ข $USDC Migration Update!

The remaining $USDC.e has been withdrawn from the Vertex App, all withdrawals will now be in $USDC.

For users, this means:
๐Ÿ“ฅ Deposit = USDC
๐Ÿ“ค Withdrawal = USDC

๐Ÿ’ก Note, you can also deposit $wBTC, $wETH, $ARB & $USDT as collateral!

https://x.com/vertex_protocol/status/1745866750455931254?s=20
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