Convert Vertex Protocol VRTX to Nicaraguan Córdoba NIO
VRTX to NIO: 1 Vertex Protocol converts to NIO 0.01103 NIO as of July 20 at 3:49 PM
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About Vertex Protocol
Vertex Protocol is falling this week. The current price of Vertex Protocol is NIO 0.01103 per VRTX. With a circulating supply of 528,361,752.423 VRTX, it means that Vertex Protocol has a total market cap of NIO 5,825,843.68. The amount of Vertex Protocol traded has fallen by -NIO 31.42 in the last 24 hours, which is a 100.00% decrease. Additionally, in the last day, NIO 31.42 worth of VRTX has been traded.
The exchange rate of Vertex Protocol is increasing. The current value of 1 VRTX is NIO 0.01103 NIO. In other words, to buy 5 Vertex Protocol, it would cost you NIO 0.05513 NIO. Inversely, NIO 1.00 NIO would allow you to trade for 90.69 VRTX while NIO 50.00 NIO would convert to 4,534.64 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 NIO was NIO 0.01104 NIO and the lowest 24 hour value was 1 VRTX for NIO 0.01101 NIO. Last month, 1 VRTX was worth NIO 0.01097 NIO. Today, it's up 0%. Looking back a year, Vertex Protocol has changed by NIO 0.09087 NIO. That means that in a single year, the value of Vertex Protocol has shrank by 87.88%.
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.
Conversion tables
VRTX to NIO values from Today at 3:49 pm
0.5 VRTX = NIO 0.005513 NIO |
1 VRTX = NIO 0.01103 NIO |
5 VRTX = NIO 0.05513 NIO |
10 VRTX = NIO 0.1103 NIO |
50 VRTX = NIO 0.5513 NIO |
100 VRTX = NIO 1.10 NIO |
500 VRTX = NIO 5.51 NIO |
1,000 VRTX = NIO 11.03 NIO |
NIO to VRTX values from Today at
NIO 0.50 NIO = 45.35 VRTX |
NIO 1.00 NIO = 90.69 VRTX |
NIO 5.00 NIO = 453.46 VRTX |
NIO 10.00 NIO = 906.93 VRTX |
NIO 50.00 NIO = 4,534.64 VRTX |
NIO 100.00 NIO = 9,069.27 VRTX |
NIO 500.00 NIO = 45,346.37 VRTX |
NIO 1,000.00 NIO = 90,692.74 VRTX |
VRTX to NIO over time
VRTX | Today | 24H 0.02% | 1M 0.51% | 1Y -724.12% |
|---|---|---|---|---|
0.5 VRTX | NIO 0.005513 NIO | NIO 0.005512 NIO | NIO 0.005485 NIO | NIO 0.04543 NIO |
1 VRTX | NIO 0.01103 NIO | NIO 0.01102 NIO | NIO 0.01097 NIO | NIO 0.09087 NIO |
5 VRTX | NIO 0.05513 NIO | NIO 0.05512 NIO | NIO 0.05485 NIO | NIO 0.4543 NIO |
10 VRTX | NIO 0.1103 NIO | NIO 0.1102 NIO | NIO 0.1097 NIO | NIO 0.9087 NIO |
50 VRTX | NIO 0.5513 NIO | NIO 0.5512 NIO | NIO 0.5485 NIO | NIO 4.54 NIO |
100 VRTX | NIO 1.10 NIO | NIO 1.10 NIO | NIO 1.10 NIO | NIO 9.09 NIO |
500 VRTX | NIO 5.51 NIO | NIO 5.51 NIO | NIO 5.48 NIO | NIO 45.43 NIO |
1,000 VRTX | NIO 11.03 NIO | NIO 11.02 NIO | NIO 10.97 NIO | NIO 90.87 NIO |
Frequently asked questions
Right now, 1 Vertex Protocol is worth about NIO 0.01103.
Based on the current rate, you could get 90.69 VRTX for 1 NIO.
You can use our VRTX to NIO calculator at the top of this page to convert any amount of VRTX to NIO. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 NIO is equivalent to 453.46 VRTX. Inversely, 5 VRTX will cost about NIO 0.05513
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 IVPAY, Pleasure Coin, and ZKWASM. For a more robust list of assets to explore, jump to the asset page dedicated to Vertex Protocol.
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Create a Coinbase account to buy and sell Vertex Protocol on the most secure crypto exchange.
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