Cointime

Download App
iOS & Android

Vega Launches Alpha Mainnet for Decentralized Derivatives Trading

Vega, a crypto derivatives protocol, has launched its Alpha mainnet, which is specifically designed for decentralized derivatives trading of financial products such as futures and options. The blockchain supports various market types and assets, including futures, spot swaps, options, and perpetuals that track the prices of different tokens. Vega token (VEGA) stakers can propose and vote on the creation of new derivatives markets, and traders can start trading without paying gas fees. The protocol offers no gas fees on trading at low latency and has a feature to discourage front running, making it an attractive option for traders.

Comments

All Comments

Recommended for you