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Vertex Protocol
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Vertex Protocol
Getting Started
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Vertex Overview
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Testnet Tutorial
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Community
Concepts
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Perpetuals
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Perpetual AMM/LPs
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Margin
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Liquidation
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Oracles
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Clearinghouse
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Insurance Fund
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Trading Flow
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Risks
Extras
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Litepaper
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Contact
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Trading Flow
With the major concepts covered, we can see how everything interacts to paint a full picture of Vertex's markets.
Traders and liquidity providers interact with via the
Perpetual AMM/LPs
, which determines mark price and enables synthetic exposure.
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Oracles
feed data to the the
Clearinghouse
, which maintains all
Margin
account balances and market settings.
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Liquidation
bots monitor the accounts and call the clearing house when a traders margin dips below maintenance.
This is a very simplified explanation, but its important to understand that every component plays a role in making the market function properly.
Concepts - Previous
Insurance Fund
Next - Concepts
Risks
Last modified
2mo ago
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