Today, we are announcing the launch of the VDEX Points Program to recognize and reward early contributors. Users will earn points based on trading, referrals, and LPing across our ecosystem. VDEX enables you to trade anything, anywhere, including crypto, stocks, commodities, FX, and prediction markets - all on the same platform.
Points are now live as of October 1st 12:00 NYC / 16:00 UTC. 1,000,000 points will be distributed every Wednesday at this time—the first drop occurs on October 8th. An all-time leaderboard tracks total points while a weekly leaderboard shows real-time performance. This empowers long-time and new contributors to compete.
How to Earn
Weekly performance is measured in XP. Traders can see their XP update immediately after creating a position. Liquidity providers earn XP every hour that their deposit is locked in the Virtual Market Maker.
Referrals are a large part of the reward system. Users earn 1 XP for every 4 XP earned by referred users. This applies to both trading volume and LP equity.
Every Wednesday at 12:00 NYC time, XP is distributed proportionally into 1,000,000 points. This means that lower overall XP results in a higher conversion to points. After claiming, XP resets for the next week.
A small portion of points may be distributed for special events, bug bounties, and other open-source contributions. Points have already been allocated to users for activity since August 19th. A snapshot was taken for alpha usage before August 19th.
Users rank into tiers based on their total points.
- Shrimp: >10 points
- Clownfish: >100 points
- Swordfish: >1,000 points
- Hammerhead: >10,000 points
- Great White: >100,000 points
- Whale Shark: >500,000 points
Points are your immutable proof of contribution. Leaderboards show competitive rankings. Tiers reflect long-term commitment.
Check your points allocation here: htttps://app.vdex.trade/points
About VDEX
VDEX is the global capital marketplace where you can trade anything, anywhere. For the first time, users can buy crypto, stocks, commodities, FX, and prediction markets - all on the same platform.
We believe that self-custody and privacy are inalienable human rights. These rights must be upheld without imposing costs or compromising experience. VDEX fulfills this vision by unifying the control of a DEX with the performance of a CEX:
An immutable dark pool with sub-millisecond finality and ZeroGas fees.
VDEXs was founded by alumni from Yale University and Amazon and was incubated by Binance Labs and Gate Labs.
