VDEX is powered by Virtual Rollups, a framework built on zero knowledge state channels. Transactions are self-validated and peer-to-peer, eliminating middle men and restoring power to users.

Virtual Rollups segment capital into two layers:

• The settlement layer is a blockchain that locks and reassigns escrow according to state

• ZK State Channels (ZKSC) are primitives that let users reassign escrow rights through state transitions

Participants lock funds on a settlement layer, like Ethereum, and receive a balance state. This balance state can be exchanged for position states through the ZKSC. At any time, users may submit states onchain to trustlessly unlock funds.

This architecture has distinct advantages:

• Privacy

• Full Self-Custody

• ZeroGas transactions

• Sub-millisecond finality

Learn more in the VDEX whitepaper.

What is VDEX?

VDEX is the global capital marketplace where you can trade anything, anywhere. For the first time, users can buy crypto, stocks, commodities, FX, and prediction markets all on the same platform.

Mission

Self-custody and privacy are inalienable human rights. These rights must be upheld without imposing costs or compromising experience. VDEX fulfills this vision by unifying the control of a DEX with the performance of a CEX:

An immutable dark pool with sub-millisecond finality and ZeroGas fees.

Core Contributors

Virtual Labs is a core contributor supporting the growth of VDEX, led by and incubated by Binance Labs. José built Virtual Rollups, the underlying technology powering VDEX, while studying game theory at Yale University.