Vega: The Most Comprehensive On-Chain Exchange

A Brief Introduction to Vega

Vega is a standalone blockchain with a single purpose: being the base layer for a diverse asset marketplace. Every attempt to build a decentralized exchange has been focused on a single market type. Uniswap is the most liquid on-chain spot market; dYdX is the most liquid on-chain perpetual futures market. Vega draws from both of these, acting as an all-encompassing layer to trade any asset.

Expirable futures, perpetual futures, options, swaps, spot assets, complex structured products — any fungible asset— falls under the purview of Vega. Later in this report, we’ll highlight the unique products this sort of marketplace enables.