Vertex

Vertex is a VERTically integrated EXchange (VERT-EX) with an orderbook and advanced risk engine to facilitate cross-margined trading of spot and derivatives, and with a money market to facilitate leverage and yield products. User experience will be streamlined by offering integrated solutions such as: on and off-ramps; efficient bridging; Web2-style sign-up integrations with self-custody; and multiple user interfaces to accommodate different traders with different needs.

Vertex airdrop details

Vertex has airdropped 10% of the total supply to early users who traded in the Initial Token Phase, which lasted for seven months from Vertex’s mainnet launch on Arbitrum in April 2023 until November 8th 2023.

Users can continue to earn VRTX rewards for making trades on the platform. Also earn Sonic Gems for making trades and referring users. Credits will reward users with Gems for the $S airdrop.

They have now announced a Sonic SNZ trading rewards program. Check out the guide on details to participate.

Step-by-Step Guide:

Latest Update: Vertex Launches Sonic SNZ Trading Rewards Program

Vertex has announced a new trading incentive program in partnership with Sonic, offering 1.75 million $S tokens over a five-week period. This program rewards taker activities on Vertex’s Sonic-powered Edge instance.

Timeline

  • Start date: February 26th, 2025 at 13:00 UTC
  • End: April 1st, 2025 at 13:00 UTC
  • Duration: 5 weekly epochs (refreshed every Wednesday)

Reward Structure

  • Total allocation: 1.75 million $S tokens (350,000 $S tokens distributed weekly)
  • Eligibility: Exclusive to taker orders that cross the book and remove liquidity
  • Distribution method: Proportional to user’s taker volume
  • Taker fee rebate: Up to 100% of taker fees can be earned back in $S tokens
  • Additional benefits: Participants also earn Sonic Points and Gems as part of Sonic’s Season 1 ecosystem rewards

How Rewards Work

  1. Weekly rewards are distributed proportionally based on your taker volume
  2. Higher trading volume results in a larger share of the reward pool
  3. If total taker volume exceeds the weekly $S pool, rewards scale down proportionally
  4. Your share is calculated based on your taker fees relative to the epoch’s total

Visit the Rewards Page where your Sonic-earned $S will be available alongside any Gems Credits and VRTX rewards. Rewards accrue automatically as you trade.

Trading Benefits

  • Vertex Edge provides cross-chain liquidity with 5-15ms latency
  • Deep orderbook depth for efficient trading
  • Integrated rewards for both short-term gains and long-term Season 1 Gems payout (scheduled for June 2025)

Latest Update: Vertex Launches Sonic Fusion Part 3

Vertex Protocol has launched the third part of their Sonic Fusion campaign, focusing on $S token trading.

Campaign Details

  • Users can participate by trading $S tokens on the Vertex platform
  • Complete specific quests to earn points
  • Experience lightning-fast trade execution on the platform

How to Participate

  1. Visit the Galxe platform
  2. Complete the required quests
  3. Earn points for successful completion

Vertex airdrop details

  1. Visit the Vertex website.
  2. Connect your wallet.
  3. Now, change the network to Arbitrum, Base, Mantle, Sei or Sonic.
  4. Now start trading to earn VRTX tokens.
  5. The VRTX trading rewards are available to all Vertex users, including both makers and takers.
  6. A fixed pool of VRTX tokens are available to traders each epoch – weekly. VRTX rewards are allocated to users on a pro-rata basis relative to the total pool size of VRTX for that epoch of weekly trading.
  7. For more information regarding trading rewards, see this page.
  8. Vertex is also giving 100% of Sonic Gems to Vertex users.
  9. Also refer users & earn 25% of the Credits that your referrals generate.
  10. Credits will reward users with Gems for the $S airdrop. For more info, see this tweet.

Frequently Asked Questions

Who is eligible for the Sonic SNZ Trading Rewards Program?

Eligibility is limited to taker orders that cross the book and remove liquidity on Vertex’s Sonic-powered Edge instance.

What is the total allocation of $S tokens for this program?

The program distributes a total of 1.75 million $S tokens over five weeks, with 350,000 $S tokens allocated each week.

What is the timeline for the trading rewards program?

The program started on February 26th, 2025 at 13:00 UTC and ends on April 1st, 2025 at 13:00 UTC. Rewards are structured into five weekly epochs, refreshed every Wednesday.

What additional benefits do participants receive?

In addition to $S tokens, participants earn Sonic Points and Gems as part of Sonic’s Season 1 ecosystem rewards. These additional benefits contribute to both immediate trading incentives and a long-term payout scheduled for June 2025.

What are the trading benefits offered by Vertex Edge?

Vertex Edge provides cross-chain liquidity with low latency (5-15ms) and deep orderbook depth for efficient trading. The platform supports multiple networks including Arbitrum, Base, Mantle, Sei, and Sonic, enhancing overall trading performance.

How can users earn VRTX tokens?

Users can earn VRTX tokens by trading on Vertex. To participate, they should:

  • Visit the Vertex website
  • Connect their wallet
  • Switch the network to Arbitrum, Base, Mantle, Sei, or Sonic
  • Begin trading, with VRTX tokens allocated weekly on a pro-rata basis relative to trading volume

Is there a referral program associated with these rewards?

Yes. Users who refer others can earn 25% of the Credits generated by their referrals. These Credits contribute toward earning additional Gems as part of the $S airdrop rewards.

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Estimated Value

n/a

Tokens per Claim

n/a

Max. Participants

Unlimited

Overview