Vega Protocol
Vega Protocol is a proof-of-stake network for creating and trading derivatives markets for various crypto assets. Vega is a technology protocol that builds an open, blockchain-backed public network for fully automated end-to-end trading and execution of financial products. Vega's infrastructure includes a purpose-built proof of stake blockchain, low-fee structure, transparent and open-source trading, and efficient margin trading. The protocol also offers a comprehensive toolbox for traders with advanced features like cross-margining, interoperability, and portfolio risk evaluation.
ABOUT VEGA PROTOCOL
Vega Protocol is an innovative blockchain project designed to revolutionize DeFi by focusing on derivatives trading.
By leveraging the power of smart contracts and a high-performance blockchain network, Vega’s platform enables users to create, trade, and access a wide range of financial products.
The protocol also provides the derivatives scaling layer for Web3 applications, allowing anyone to pseudonymously build and launch decentralized markets for creating and trading marginal financial products and derivatives.
VEGA FEATURES
Non-custodial and pseudonymous.
All interactions are via public key cryptography with no backdoors or admin keys.
Purpose-built appchain for trading.
Vega can be deployed as a CometBFT based proof-of-stake chain.
Unique and configurable fee model.
Trading optimized fees with no per-transaction "gas" costs for orders.
Open source protocol and software.
Vega Protocol specs and software are open source.
Rich CEX-style order book and APIs.
Data nodes provide order books and historic data APIs.
Permissionless market creation.
Built in governance allows protocol users to create and manage markets.