Frequently Asked Questions

1. What is Vortex? Vortex is a decentralized trading layer designed to eliminate price impact and maximize execution efficiency. It achieves this through off-market trading, prioritizing direct Market Maker fills and peer-to-peer matches before resorting to AMM aggregation.

2. How does Vortex eliminate price impact? By primarily matching orders off-market through its Coordinated Order Routing Engine, CORE, Vortex bypasses traditional AMM pool mechanics for most trades. This means orders are filled at the agreed-upon price without the slippage or price impact typically seen on AMM-based DEXs.

3. What is the $VORTEX token used for? The $VORTEX token is central to the ecosystem. It is used to incentivize participation, reward liquidity providers and Market Makers, and will eventually play a key role in the decentralized governance of the Vortex protocol. Platform earnings are also used to market buy $VORTEX, creating a value feedback loop.

4. How do Market Makers benefit from Vortex? Market Makers on Vortex earn consistent yield from a fixed spread on trades they fulfill. They are not exposed to impermanent loss, and their capital is only deployed when trades occur. They also receive a share of platform-wide earnings, further incentivizing liquidity provision.

5. What happens if my order cannot be filled off-market? If Vortex cannot find an instant Market Maker fill or a peer-to-peer match within your specified parameters, its Fallback Layer will automatically route your trade through external AMMs. CORE will aggregate liquidity across these AMMs to secure the best possible price while still respecting your initial order constraints.

6. Is Vortex built on a specific blockchain? Yes, Vortex is built on the BSC chain, leveraging its speed and efficiency for on-chain settlement while performing its intelligent order matching off-chain.