To Vest or not to Vest

Its goes without saying that perpetuals play a big part in the crypto market, as they do in most markets these days. But with crypto growing in leaps and bounds and striving towards a more decentralised future, the way this implementation of trading is portrayed makes it feel outdated and suffocated. And while the vast centralised entities loom above us, a new challenger appears…

Vest aim to provide new innovation to the world of ‘perps’ in a way that the crypto market has been crying out for, by allowing users to propose and trade almost any asset. Now you may be wondering what kind of wizardry would allow this?

The use of adaptive pricing controllers unique to each underlying asset and the market environment, is how vest intend to leverage the ability to unlock illiquid markets faster than any centralised or decentralised cohort.

They’ve identified 3 pain points that are in dire need of change and will help them provide true democratisation.

They aim to solve said issues through “a cutting-edge risk-engine shaped by academic literature and modern market making techniques.” And the combination of “coherent risk measures with the microstructure of perpetual future markets.”

Vest Exchange, being developed on Arbitrum, is where the magic that Vest Labs envisions will happen. They recently announced their seed backers including the likes of JaneStreetCapital, QCPCapital and BigBrainHoldings plus many more. They also have plans to launch a testnet in the near future to showcase exactly what they’ve been building.

Vest Labs is on a mission to shape the future of decentralized finance through rigorous quantitative research. We strive to be at the forefront of the rapidly evolving world of cryptocurrency, constantly seeking out new opportunities for innovation and growth. We hope that by using our research to challenge the boundaries of what is possible, we make a lasting impact in driving forward the innovation and development of expression in decentralized finance.

Be sure to check out Vest on their socials:

Thanks for reading. 🦺

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