VDEX
  • Introduction
    • About VDEX
    • Core Features
      • Omnichain Trading
      • Full Self-Custody
      • Sustainable BTC Yield
      • ZeroGas Transactions
      • Sub-Millisecond Finality
      • No KYC, No VPN Restrictions
    • Onboarding
  • Trading Fee
  • Trade
    • Platform
      • Perps
      • Deposit and Withdraw
      • Finality Time
      • Orders
      • Margin
      • Leverage
      • Liquidations
      • Fee Schedule
      • Gas Fees
      • Funding Rate
      • Insurance Fund
    • Access
      • Chain Abstraction
      • No VPN, No KYC
    • Beta
    • Market Making
    • Security
      • VDEX Fund Protection
      • Oracle and Collusion Safeguards
  • Yield
    • Virtual Market Maker
    • Volatile Asset Collateral
    • Fund Strategy
  • Ecosytem
    • Brand Kit
    • Overdrive
      • Key Participants
      • Activating Overdrive
      • Market Makers-Overdrive
      • Traders-Overdrive
    • Bug Bounty Program
    • Bug Reporting Guidelines
    • Contact & Support Channels
    • FAQ
    • Whitepaper
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  1. Introduction

About VDEX

Welcome to the VDEX documentation.

Here you'll find everything you need to understand, use, and build on VDEX — a fast, fully onchain trading protocol powered by Virtual Rollup technology. Whether you

What is VDEX

VDEX is the decentralized exchange that delivers the best of both worlds — the speed and features of a CEX, with the security and freedom of a true DEX. Trade anytime, anywhere, with full self-custody and zero compromises.

Technical Overview

VDEX is a modular decentralized trading protocol powered by Virtual Roll a novel post-blockchain architecture designed to overcome the performance and cost limitations of traditional blockchain systems.

VDEX's architecture is composed of two main components: the ZK State Channel Network and the Settlement Layer. The ZK State Channels enable sub-millisecond state transitions between users via their local Virtual Nodes, while the Settlement Layer ensures trustless anchoring of funds through smart contracts deployed on existing blockchains such as Ethereum, Bitlayer, or others.

The protocol achieves full self-custody and trustless execution by separating STATE (off-chain trade and balance logic) from ESCROW (on-chain collateral and settlement), a fundamental departure from conventional rollup designs. This design allows users to trade with:

  • Instant finality (latency limited only by machine and network distance)

  • Zero gas fees

  • Fully onchain enforceability of trades, liquidations, and withdrawals

VDEX also introduces Virtual EVM (vEVM), a general-purpose smart contract environment that interacts seamlessly with the ZK State Channel and Settlement Layer. This enables developers to compose custom trading logic, risk management strategies, and advanced financial primitives directly on top of VDEX, while inheriting the system's core benefits of speed, security, and unified liquidity.

NextCore Features

Last updated 12 days ago