Vega Protocol company info

What does Vega Protocol do?
Vega Protocol (CRYPTO:VEGA) is a decentralized derivatives exchange that allows users to trade futures and options contracts on a variety of assets. Vega is built on a layer-2 network that provides fast transaction times and low fees. Vega is currently working on a number of projects to expand its ecosystem and make it more useful for users, including Vega Vault, Vega Academy, and Vega Grants. Vega's objectives are to provide a decentralized and secure derivatives exchange, offer a wide range of trading products and services, and make derivatives trading more accessible to everyone. Vega is committed to achieving these objectives by developing innovative products and services, building a strong community, and working with partners across the blockchain industry.
Vega Protocol company media
Company Snapshot

How many people does Vega Protocol employ?

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Employees
11-50

What is the market cap for Vega Protocol?

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Market Cap
$30.84M

Where is the head office for Vega Protocol?

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Head Office
Gibraltar, Gibraltar

What year was Vega Protocol founded?

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Year Founded
2018
What does Vega Protocol specialise in?
/Decentralized Exchange (DEX) Token /DeFi /Derivatives /PoS

What are the products and/or services of Vega Protocol?

Overview of Vega Protocol offerings
Central limit order book (CLOB): Vega uses a CLOB to match buyers and sellers of contracts. This ensures that users get the best possible prices for their trades.
Community governance: Vega is governed by its community of users. This means that users have a say in the future of the protocol.
Decentralized exchange: Vega is a decentralized exchange, which means that it is not controlled by any single entity. This makes it more secure and resistant to censorship.
Futures and options trading: Vega allows users to trade futures and options contracts on a variety of assets, including cryptocurrencies, commodities, and stocks. This allows users to speculate on the future price of an asset or to hedge against risk.
Layer-2 scaling: Vega is built on a layer-2 network, which means that it can process transactions faster and at a lower cost than traditional blockchain exchanges.
Risk management system: Vega has a built-in risk management system that helps users to manage their risk exposure. This includes features such as margin calls and stop-loss orders.