CDS Startups Vest Exchange: Changing the Future of Decentralized Finance
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Vest Exchange: Changing the Future of Decentralized Finance

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Vest Exchange is ready to change the future of Decentralized Finance by using researches and exclusive commercialization techniques.

Vest Exchange

What is Vest Exchange?

Vest Exchange is a decentralized perpetual futures exchange on Arbitrum. It provides users to trade almost any asset. It was fundraised by Jane Street, QCP Capital, Big Brain Holdings, Ascendex, Builder Capital, Infinity Ventures Crypto, Robert Chen (Ottersec), Pear VC, Cogitent, Moonshot Research, Fugazi Labs,and other investors.

Although perpetual futures are the most popular crypto primitive, it is well-known that current exchanges have several disadvantages, such as:

  1. High barriers for market listing. Existing exchanges are reluctant to list long-tail markets. Their mechanisms cannot adapt to rapidly changing market conditions. Thereby, the same markets get listed repeatedly in DEXs with no new exposure to long-tail assets.
  2. Lack of risk management. Only in 2022 alone, DeFi saw millions of dollars lost and many protocols shut down because of market manipulations and oracle attacks.
  3. Unclear risk/returns for liquidity providers (LPs). LPs face many types of risks, for example insolvency and negative screening. Usually exchanges try to compensate it by imposing high trading fees.

Vest Exchange

Vest Exchange propose a new solution for these problems. It solves these three problems with a state-of-the-art risk driver shaped by academic literature and exclusive commercialization techniques. Vest combines coherent risk measures with the microstructure of perpetual future markets. As a result, it helps to uncover new illiquid markets faster than any other centralized or decentralized exchange. It seems that Vest will bring the standard of perpetual futures trading on a higher level by democratizing access to unique trading opportunities in all markets.

Vest Exchange

Vest Labs

Vest Labs’s goal is to change the future of decentralized finance one and for all through accurate research. It aims to be on the cutting edge of the rapidly changing cryptocurrency world, constantly looking for new opportunities for innovation and growth. Without any doubt, using research will be a huge impact on driving forward the innovation and development of expression in decentralized finance.

Source

https://medium.com/

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Written by
ali009

The author is 28 year old student recently graduated from Celal Bayar University, Faculty of Medicine. Currently he works as a writer and translator for different platforms.

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