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Vega Protocol provides the derivatives scaling layer for Web3. It is a custom-built proof-of-stake blockchain, which makes it possible to trade derivatives on a decentralised network with comparable experience to using a centralised exchange.

VEGA is the network governance and staking token. It is used for:

  • Voting on the creation of new markets on the network
  • Running validator nodes on the network via staking VEGA tokens
  • Earning fees from traders through staking and delegation
  • Governing important network parameters which ensure markets are secure and fair

Vega Protocol implements a number of novel technology innovations, which enable high-performance trading of derivatives in a decentralised environment.

  • Atomic margin calculations enable traders to maximise their capital-efficiency without compromising the safety of markets
  • Pseudonymous trading identities ensure the network is accessible to anybody in the world without restriction
  • The power to create new markets is put into the hands of the users of the network, through the permissionless market creation and governance protocol
  • Strong liquidity incentives ensure that markets are attractive to both traders and liquidity providers at all times
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Coin’s Details

  • Market Capitalization

    $31.15 M

  • Fully diluted valuation

    $0.0

  • Volume 24H

    $2.90 M

  • Circulating supply

    16 820 110

  • Total supply

    64 999 723

  • Circ. percent

    25.9%

  • All-time high

    $23.93 (-92.3%)

  • All-time high date

    Sep 3rd, 2021

  • All-time low

    $1.45 (27.4%)

  • All-time low date

    May 18th, 2022

  • First announced