Convert Vertex Protocol VRTX to Turkish Lira TRY
1 VRTX converts to TRY 0.01406 TRY as of July 9 at 11:50 PM
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About Vertex Protocol
Vertex Protocol is falling this week. The current price of Vertex Protocol is TRY 0.01406 per VRTX. With a circulating supply of 528,361,752.423 VRTX, it means that Vertex Protocol has a total market cap of TRY 7,432,394.53. The amount of Vertex Protocol traded has fallen by -TRY 40.08 in the last 24 hours, which is a 100.00% decrease. Additionally, in the last day, TRY 40.08 worth of VRTX has been traded.
The exchange rate of Vertex Protocol is increasing. The current value of 1 VRTX is TRY 0.01406 TRY. In other words, to buy 5 Vertex Protocol, it would cost you TRY 0.0703 TRY. Inversely, TRY 1.00 TRY would allow you to trade for 71.13 VRTX while TRY 50.00 TRY would convert to 3,556.30 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 TRY was TRY 0.01407 TRY and the lowest 24 hour value was 1 VRTX for TRY 0.01404 TRY. Last month, 1 VRTX was worth TRY 0.01382 TRY. Today, it's up 0%. Looking back a year, Vertex Protocol has changed by TRY 0.09895 TRY. That means that in a single year, the value of Vertex Protocol has shrank by 87.84%.
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 TRY values from Today at 11:50 pm
0.5 VRTX = TRY 0.00703 TRY |
1 VRTX = TRY 0.01406 TRY |
5 VRTX = TRY 0.0703 TRY |
10 VRTX = TRY 0.1406 TRY |
50 VRTX = TRY 0.703 TRY |
100 VRTX = TRY 1.41 TRY |
500 VRTX = TRY 7.03 TRY |
1,000 VRTX = TRY 14.06 TRY |
TRY to VRTX values from Today at
TRY 0.50 TRY = 35.56 VRTX |
TRY 1.00 TRY = 71.13 VRTX |
TRY 5.00 TRY = 355.63 VRTX |
TRY 10.00 TRY = 711.26 VRTX |
TRY 50.00 TRY = 3,556.30 VRTX |
TRY 100.00 TRY = 7,112.60 VRTX |
TRY 500.00 TRY = 35,562.98 VRTX |
TRY 1,000.00 TRY = 71,125.97 VRTX |
VRTX to TRY over time
VRTX | Today | 24H 0.10% | 1M 1.70% | 1Y -603.79% |
|---|---|---|---|---|
0.5 VRTX | TRY 0.00703 TRY | TRY 0.007022 TRY | TRY 0.00691 TRY | TRY 0.04947 TRY |
1 VRTX | TRY 0.01406 TRY | TRY 0.01404 TRY | TRY 0.01382 TRY | TRY 0.09895 TRY |
5 VRTX | TRY 0.0703 TRY | TRY 0.07022 TRY | TRY 0.0691 TRY | TRY 0.4947 TRY |
10 VRTX | TRY 0.1406 TRY | TRY 0.1404 TRY | TRY 0.1382 TRY | TRY 0.9895 TRY |
50 VRTX | TRY 0.703 TRY | TRY 0.7022 TRY | TRY 0.691 TRY | TRY 4.95 TRY |
100 VRTX | TRY 1.41 TRY | TRY 1.40 TRY | TRY 1.38 TRY | TRY 9.89 TRY |
500 VRTX | TRY 7.03 TRY | TRY 7.02 TRY | TRY 6.91 TRY | TRY 49.47 TRY |
1,000 VRTX | TRY 14.06 TRY | TRY 14.04 TRY | TRY 13.82 TRY | TRY 98.95 TRY |
Frequently asked questions
Right now, 1 Vertex Protocol is worth about TRY 0.01406.
Based on the current rate, you could get 71.13 VRTX for 1 TRY.
You can use our VRTX to TRY calculator at the top of this page to convert any amount of VRTX to TRY. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 TRY is equivalent to 355.63 VRTX. Inversely, 5 VRTX will cost about TRY 0.0703
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 OneMillionDollars, WiFi Map, and ORBIT. For a more robust list of assets to explore, jump to the asset page dedicated to Vertex Protocol.
Buy Vertex Protocol with Coinbase Wallet
Create a Coinbase account to buy and sell Vertex Protocol on the most secure crypto exchange.
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