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"Vertex Protocol meets the market's growing demand for noncustodial trading solutions while also possessing the efficiency of centralized exchanges," said Tim Wu, head of decentralized finance (DeFi) at Wintermute, in the statement. "Their rapid growth reflects this trend, and their robust infrastructure is a good fit for large trading firms
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Vertex, which had been operating on a test network, combines an off-chain order book layered on top of an on-chain automated market maker on a decentralized, self-custodial exchange. The firm, which has bases in Singapore and the Cayman Islands, counts Jane Street, Dexterity Capital, Hudson River Trading, GSR, Collab+Currency, JST
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“You can never scale the way we’re planning to scale if you’re just" automatic market maker-driven, co-founder Darius Tabatabai said. Original Source
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Vertex protocol raised $8.5 million to build a decentralized foreign exchange for Terra-based stablecoins. @camlearnscrypto reports Source
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Cryptocurrencies are among the best performing assets of 2020, making it an attractive investment option, even for those
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