Vest Exchange is a decentralized exchange specializing in Perpetual Contracts, applying zero-knowledge proof (ZKP) technology to secure order information and prevent market manipulation.
This platform operates on Ethereum and many Layer 2 networks, featuring the zkRisk mechanism for risk management, centralized liquidity, and multi-chain scalability, providing a safe and efficient experience for users.
MAIN CONTENT
Vest Exchange focuses on perpetual derivatives trading with ZKP technology and the zkRisk mechanism.
The platform implements the Vest Points program to encourage trading and providing liquidity.
Backed by many large funds, Vest Exchange aims for transparent risk management and stable liquidity.
What is Vest Exchange?
Vest Exchange is a decentralized exchange (DEX) specializing in Perpetual Contracts, operating on Ethereum mainnet and Layer 2s such as Arbitrum, Base, and Optimism. A highlight of the exchange is using Zero-Knowledge Proofs (ZKPs) to secure order data.
Unlike many other DEX derivatives, Vest Exchange optimizes security and eliminates MEV bot, sandwich bot, or price manipulation, thereby building trust for both institutional and individual investors.
What is the mission of Vest Exchange?
The mission of Vest Exchange is to reshape the decentralized derivatives market by combining risk management, stable liquidity, and zkRisk technology. The platform focuses on transparency and safety rather than just chasing short-term profits.
This helps Vest Exchange not only be a trading tool but also a solution for minimizing systemic risk, aiming for sustainable development of the DeFi market.
"Decentralized derivatives markets need a layer of protection against MEV and price manipulation, which is why Vest focuses on zkRisk and ZKP."
CEO of Vest Exchange, Statement announcing the platform, 2025
What are the highlights of Vest Exchange?
Vest Exchange offers many advantages: the zkRisk mechanism values based on risk, centralized liquidity through a single Pool, payment capability proof using ZKP, and multi-chain deployment on Ethereum, Arbitrum, Base, Optimism, Polygon, Solana, ZKsync Era.
These factors help the platform balance between security, speed, and cost, while ensuring resistance to market manipulation.
How does the zkRisk mechanism work on Vest Exchange?
zkRisk is a risk-based pricing tool for positions. Instead of relying solely on supply and demand, zkRisk considers the actual risks of transactions to provide a fair price, limiting unusual volatility.
For example, when a user opens a Long BTC/USDC position, zkRisk will assess price volatility and overall risk, thus providing a price that accurately reflects the risk of the new position, avoiding manipulation or mispricing.
"Vest Exchange's risk-adjusted pricing approach could become the new standard for derivatives trading in DeFi."
Amber Group, Investment report on Vest Exchange, 2025
What is different about the liquidity of Vest Exchange?
Vest Exchange maintains liquidity through a single Pool instead of an Orderbook, helping to avoid thin order books or sudden liquidity withdrawals. Liquidity providers (LP) deposit USDC to earn fees from transactions.
Thanks to this mechanism, users can trade large volumes without facing high slippage, while the system maintains sustainable liquidity.
What are Vest Points?
Vest Points are an incentive program for users to engage in trading and providing liquidity, starting from March 13, 2025, distributing 1,000,000 points each week for 6 months. Referrers receive an additional 15% of the points from the activity of their referrals.
This score is expected to play an important role in participating in the project's reward programs or airdrops, encouraging community engagement in the long term.
How does Vest Exchange operate?
The model consists of three components: Trader, Liquidity Provider (LP), and Liquidity Pool. All transactions are managed by smart contracts, integrating zkRisk and ZKP for pricing and security.
When a user opens or closes a position, zkRisk determines the transaction price, and the Pool executes the corresponding position while EVaR is applied to calculate Funding Rates, keeping the contract price close to the spot price.
How did Vest Exchange raise funds?
On March 12, 2025, Vest Exchange announced successfully raising 5 million USD from major funds such as Jane Street Capital, Amber Group, Big Brain Holdings, and many angel investors.
The participation of these funds shows confidence in the risk management model and core technology that Vest Exchange is developing.
"The participation of Jane Street Capital in investment is clear evidence that DeFi derivatives have entered a stage of maturity."
Big Brain Holdings, Insights on Vest Exchange's funding round, 2025
What is the official information channel of Vest Exchange?
Users can follow and update news from Vest Exchange through the following channels:
Website: https://www.vest.exchange/
X (Twitter): https://twitter.com/VestExchange
Discord: https://discord.com/invite/vestexchange
Github: https://github.com/VestLabs
Frequently Asked Questions
Is Vest Exchange safe?
Vest Exchange uses ZKP and transparent smart contracts, ensuring safe transactions and limiting MEV, trusted by many reputable investment funds.
How does zkRisk differ from traditional pricing mechanisms?
zkRisk prices based on position risk instead of solely relying on supply and demand, helping to reduce the risk of price manipulation and accurately reflect market risk.
What are the values of Vest Points?
Vest Points are accumulated through trading and providing liquidity, which can be used in future reward programs or airdrops.
On which networks is Vest Exchange deployed?
The platform currently operates on Ethereum, Arbitrum, Base, Optimism, Polygon, Solana, and ZKsync Era.
Who has invested in Vest Exchange?
Many large funds such as Jane Street Capital, Amber Group, Big Brain Holdings, and angel investors participated in the 5 million USD funding round in 2025.
Source: https://tintucbitcoin.com/vest-exchange-la-gi/
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