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Vega

Seed

Vega Protocol is an open-source decentralized derivatives protocol for creating and trading futures and perpetuals on a fully decentralized network. The protocol is non-custodial and pseudonymous, using public key cryptography with no backdoors or admin keys. Vega operates as a CometBFT-based proof-of-stake appchain purpose-built for trading, with a unique configurable fee model that eliminates per-transaction gas…

High Tech · Blockchain Infrastructure, · Gibraltar, Gibraltar · EST 2019

About

Vega Protocol is an open-source decentralized derivatives protocol for creating and trading futures and perpetuals on a fully decentralized network. The protocol is non-custodial and pseudonymous, using public key cryptography with no backdoors or admin keys. Vega operates as a CometBFT-based proof-of-stake appchain purpose-built for trading, with a unique configurable fee model that eliminates per-transaction gas costs for orders. The platform features rich CEX-style order book and APIs through its decentralized datanode architecture, permissionless market creation through built-in governance, and has been audited by Solidified, FYEO, and Radically Open Security. Founded in 2019, headquartered in Gibraltar, Gibraltar, The company has raised $10.0M at the Seed stage, backed by investors including Arrington XRP Capital, Cumberland, Coinbase, ParaFi, Signum Capital..

Business model

Blockchain Infrastructure > Blockchain Network > Finance,

Cryptocurrencies > Financial Services > Diversified > Defi-as-a-Service

Founders & team highlights

Founder with Prior Funding,

Serial Founder

Institutional investors

Arrington XRP CapitalCumberlandCoinbaseParaFiSignum CapitalCMS HoldingsThree CommasCMT DigitalGSRDeFi AllianceSevenX VenturesZee Prime CapitalEdenblockMonday CapitalgCC

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