TLDR Crypto · INNOVATION & LAUNCHES

VEGA PROTOCOL UNVEILS DECENTRALIZED PERPETUALS ON LAYER 1 BLOCKCHAIN

theblock.co2 min read

Summary from the TLDR Crypto newsletter

Vega Protocol, a trading-focused blockchain, has introduced perpetual futures markets, a community-led feature where members can vote on the specific assets to be included. Previously, the settlements were limited to USDC or equivalent stablecoins, but now any ERC-20 token can be approved for settlements. The Vega Protocol has had over $850 million in trading volume so far.