About VDEX

What is VDEX? VDEX is a decentralized exchange that combines the speed and features of a CEX with the safety and control of a true DEX. It enables trading anytime, anywhere, with full asset custody and zero compromise on speed, security, or trust.

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Technical Overview

VDEX is a Zero-Knowledge decentralized trading protocol built on Virtual Rollups, a next-generation architecture designed to scale beyond the speed and cost limitations of traditional blockchains.

Virtual Rollups combine the security of rollups on Ethereum with peer-to-peer state channels, enabling trades to confirm almost instantly while keeping costs low.

VDEX has two main components:

• ZK State Channels enable transactions to finalize in sub-milliseconds, meaning trades confirm in less than a thousandth of a second. This provides centralized exchange speed with decentralized security.

• Settlement Layer is a set of smart contracts on Ethereum and other supported chains. It securely manages user deposits and authorizes withdrawals, ensuring funds remain safe and recoverable at all times.

VDEX achieves full self-custody and trustless execution by separating state from escrow. This design departs from conventional rollup architectures and enables:

• Instant finality, limited only by machine speed and network latency (the small delay caused by internet connection speed).

• ZeroGas fees.

• Full enforcement of trades, liquidations, and withdrawals via smart contracts.