Vertex: Built for Cross-Margin, Low-latency Trading | Darius & Alwin

In today's episode Dan and Sam are joined by Vertex Protocol Co-founders Darius & Alwin. They explore Vertex's journey since the Multicurrency version of Anchor on Terra to now a leading onchain trading platform powered by Arbitrum. They explore Vertex's risk management, visions for decentralization, token airdrop, and endgame strategy. This week's analyst segment is a special 3 blockworks analysts extravaganza. Dan is a joined by blockworks research analysts, 0xpibblez, Ren, and EffortCapital. They cover Uniswap's ongoing search for Loss-Versus-Rebalancing solution, Cosmos Hub Prop 818, Frax FIP 277, and Thorchain's lending market. - - Follow Darius: https://twitter.com/dariustabai Follow Alwin: https://twitter.com/AlwinPeng Follow Sam: https://twitter.com/swmartin19 Follow Dan: https://twitter.com/smyyguy Follow Ren: https://twitter.com/purplepill3m Follow Pibblez: https://twitter.com/0xpibblez Follow EffortCapital: https://twitter.com/EffortCapital Follow Blockworks Research: https://twitter.com/blockworksres Subscribe on YouTube: https://bit.ly/3foDS38 Subscribe on Apple: https://apple.co/3SNhUEt Subscribe on Spotify: https://spoti.fi/3NlP1hA Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - - Hexens is the premier cybersecurity provider in web3 with an essential focus on blockchain technologies. Always exceeding clients’ expectations, Hexens is a trusted security partner of the most prominent web3 projects like Polygon & zkEVM, 1inch, Lido, Nubank, TON, Risc0, EigenLayer, Mantle, Celo and more. https://hexens.io/ - - Use code 0X30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 - - Timestamps: (00:00) Introduction (01:31) Uniswap Loss-Versus-Rebalancing (09:28) Cosmos Hub Prop 818 (19:57) Frax FIP 277 RWA Frax V3 (27:42) Thorchain Lending Market (37:33) Interview Start: Vertex  (37:45) Vertex High-Level Overview (41:59) Cross-Margin Account Architecture (44:20) “Hexens Ad” (45:24) Cross-Margin Account Architecture (47:24) AMM Use-Case & Sequencer Backup (50:58) Sequencer Decentralization (54:53) Cross-chain Approach for UX (58:09) Liquidation Engine & Managing Risk (1:04:45) Mango Markets Exploit Avoidance (1:07:52) Vertex Growth Strategy (1:10:36) VRTX Token Design (1:15:44) Incentivizing Traders VS Market Makers (1:21:25) Vertex Endgame - - Resources: Vertex https://vertexprotocol.com/ Vertex Docs https://vertex-protocol.gitbook.io/docs/getting-started/overview Uniswap Loss-Versus-Rebalancing Paper https://arxiv.org/pdf/2208.06046.pdf Cosmos Hub Prop 818 https://forum.cosmos.network/t/prop-818-discussion/11244 Frax FIP 277 https://gov.frax.finance/t/fip-277-onboard-finrespbc-as-frax-v3s-offchain-rwa-partner/2492 - - Check out Blockworks Research today! Research, data, governance, tokenomics, and models – now, all in one place Blockworks Research: https://www.blockworksresearch.com/ Free Daily Newsletter: https://blockworks.co/newsletter - - Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.