Vertex Protocol
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Pools
Vertex's perpetual pools provide users with the opportunity to take on leveraged LP positions, which can accrue in value through trading fees earned.
- The fee traders pay to liquidity providers is the pools' commission. Currently, all FX pairs have a 0.1% trading fee that goes back to the pool.
Unlike spot pools where the total liquidity = actual value deposited, a perpetual pool's total liquidity is the sum value of all leveraged LP positions. Hence, total notional liquidity.
🚧 Opening leveraged LP positions provides users with more 'buying power' but also comes with risks, and impacts your account's margin.
Creating an LP Position
+ Providing Liquidity
- Press the
(+ Provide)button - Enter the Notion Amount $UST you'd like to provide to the pool
- It will show your estimated LP tokens to be received
- Press ( Provide ) and post the transaction in Terra station
Current Position Details
- My position: the total LP tokens you hold in that pool
- Notional Value: position face value in $UST
- PnL: position gains or losses
- Withdraw Liquidity
- Press on the
( withdraw )button - Enter the amount LP Tokens you wish to withdraw
- It will show your estimated LP tokens to be received
- Press ( withdraw ) and post the transaction in Terra station
👉 To learn more about the implications and practicalities of opening an LP position please give Perpetual AMM/LPs a read.
Last modified 3mo ago
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Contents
Creating an LP Position