Convert Vertex Protocol VRTX to Salvadoran Colón SVC

VRTX to SVC: 1 Vertex Protocol converts to SVC 0.002621 SVC as of June 4 at 7:07 PM

SVC
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About Vertex Protocol

Vertex Protocol is falling this week. The current price of Vertex Protocol is SVC 0.002621 per VRTX. With a circulating supply of 528,361,752.423 VRTX, it means that Vertex Protocol has a total market cap of SVC 1,384,756.25. The amount of Vertex Protocol traded has fallen by -SVC 3.09 in the last 24 hours, which is a 100.00% decrease. Additionally, in the last day, SVC 3.09 worth of VRTX has been traded.

The exchange rate of Vertex Protocol is increasing. The current value of 1 VRTX is SVC 0.002621 SVC. In other words, to buy 5 Vertex Protocol, it would cost you SVC 0.013104 SVC. Inversely, SVC 1.00 SVC would allow you to trade for 381.56 VRTX while SVC 50.00 SVC would convert to 19,077.79 VRTX, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 0%. Meanwhile, in the last 24 hours, the rate has changed by 0%, which means that the highest exchange rate of 1 VRTX to SVC was SVC 0.002622 SVC and the lowest 24 hour value was 1 VRTX for SVC 0.0007171 SVC. Last month, 1 VRTX was worth SVC 0.003502 SVC. Today, it's down 25.11%. Looking back a year, Vertex Protocol has changed by SVC 0.3417 SVC. That means that in a single year, the value of Vertex Protocol has shrank by 99.23%.

Vertex Protocol Market Stats

Vertex’s VRTX token serves as the cornerstone of Vertex Edge's decentralized exchange (DEX) network, integrating spot trading, perpetuals, and money markets into a unified order book across multiple EVM-compatible chains. The tokenomics of VRTX are designed to promote sustainable growth, incentivize participation, and optimize the ecosystem's efficiency. Trading Rewards & Emissions To foster active engagement, Vertex regularly distributes VRTX tokens as trading rewards to users participating across the chains supported by Vertex Edge. The current phase, known as the Ongoing Incentives Phase, allocates 34% of the total VRTX supply—amounting to 340 million tokens—over more than 72 weekly epochs. Each epoch spans seven days, with a predetermined pool of VRTX tokens distributed to traders based on their proportional trading activity during that period. Staking Mechanism VRTX staking encourages long-term commitment and rewards participants effectively. Key features of the staking model include: - Sustainable Rewards Model: The staking rewards structure is diversified across three primary streams: 1. Base APY: A portion of the reduced VRTX emissions is allocated to provide an initial annualized yield of 15%, tapering to 1.5% over three years. 2. Fee APY: Trading fees are used to repurchase VRTX, which is then added to the staking pool. Initially, 50% of all protocol fees are dedicated to these buybacks, with a planned increase to 100% over time. 3. Loyalty APY: Revenues from early unstake penalties are redistributed as additional yield to long-term participants. - Auto-Compounding Rewards: Staking rewards are automatically compounded, increasing the user's staked balance without manual intervention. This process utilizes USDC from the protocol's trading fees to buy back VRTX, which is then distributed back into the staking pool. - Immediate Access to Maximum Rewards: VRTX stakers can earn the highest possible yield immediately upon staking, simplifying participation and enhancing accessibility. - Flexible Unstaking Options: Users can unstake their VRTX tokens at any time, subject to a 21-day cooldown period. For those preferring immediate access, an option to bypass the cooldown is available with a 10% early withdrawal penalty. Penalties collected from early withdrawals are redistributed to the subsequent week's yield pool, benefiting long-term stakers. Market Maker Incentives Recognizing the pivotal role of market makers in maintaining liquidity, Vertex maintains a tiered rebate system linked to the amount of VRTX staked: - 3 million VRTX or more = 0.75 basis points rebate - 1 million VRTX = 0.65 basis points rebate - 300,000 VRTX = 0.55 basis points rebate - 3,000 VRTX = 0.15 basis points rebate The tiered rebate structure incentivizes deeper liquidity provision by offering higher rebates to market makers with greater stakes, thereby aligning their interests with the protocol's long-term growth. The VRTX token is natively available on Ethereum L1, Arbitrum L2, Base L2, and Blast L2 networks. In summary, Vertex’s VRTX tokenomics are strategically designed to foster sustainable ecosystem growth, incentivize active participation from various stakeholders, and ensure the long-term alignment of interests within Vertex Edge's network of exchanges.

SVC 0.002621Price
SVC 1.38MMarket cap
SVC 3.09Volume (24h)
528.4M VRTXCir. Supply

Conversion tables

VRTX to SVC values from Today at 7:07 pm

0.5 VRTX = SVC 0.00131 SVC
1 VRTX = SVC 0.002621 SVC
5 VRTX = SVC 0.0131 SVC
10 VRTX = SVC 0.02621 SVC
50 VRTX = SVC 0.131 SVC
100 VRTX = SVC 0.2621 SVC
500 VRTX = SVC 1.31 SVC
1,000 VRTX = SVC 2.62 SVC

SVC to VRTX values from Today at

SVC 0.50 SVC = 190.78 VRTX
SVC 1.00 SVC = 381.56 VRTX
SVC 5.00 SVC = 1,907.78 VRTX
SVC 10.00 SVC = 3,815.56 VRTX
SVC 50.00 SVC = 19,077.79 VRTX
SVC 100.00 SVC = 38,155.58 VRTX
SVC 500.00 SVC = 190,777.89 VRTX
SVC 1,000.00 SVC = 381,555.78 VRTX

VRTX to SVC over time

VRTX
Today
24H
-0.03%
1M
-33.62%
1Y
-12,939.24%
0.5 VRTX
SVC 0.00131 SVC
SVC 0.001311 SVC
SVC 0.001751 SVC
SVC 0.1709 SVC
1 VRTX
SVC 0.002621 SVC
SVC 0.002622 SVC
SVC 0.003502 SVC
SVC 0.3417 SVC
5 VRTX
SVC 0.0131 SVC
SVC 0.01311 SVC
SVC 0.01751 SVC
SVC 1.71 SVC
10 VRTX
SVC 0.02621 SVC
SVC 0.02622 SVC
SVC 0.03502 SVC
SVC 3.42 SVC
50 VRTX
SVC 0.131 SVC
SVC 0.1311 SVC
SVC 0.1751 SVC
SVC 17.09 SVC
100 VRTX
SVC 0.2621 SVC
SVC 0.2622 SVC
SVC 0.3502 SVC
SVC 34.17 SVC
500 VRTX
SVC 1.31 SVC
SVC 1.31 SVC
SVC 1.75 SVC
SVC 170.87 SVC
1,000 VRTX
SVC 2.62 SVC
SVC 2.62 SVC
SVC 3.50 SVC
SVC 341.74 SVC

Frequently asked questions

Right now, 1 Vertex Protocol is worth about SVC 0.002621.

Based on the current rate, you could get 381.56 VRTX for 1 SVC.

You can use our VRTX to SVC calculator at the top of this page to convert any amount of VRTX to SVC. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 SVC is equivalent to 1,907.78 VRTX. Inversely, 5 VRTX will cost about SVC 0.0131

Vertex Protocol can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Vertex Protocol.

There are a number of crypto assets that have the a similar or comparable market cap to Vertex Protocol, including Mars, Karura, and TRUST AI. For a more robust list of assets to explore, jump to the asset page dedicated to Vertex Protocol.

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