Convert Vertex Protocol VRTX to Canadian Dollar CAD
VRTX to CAD: 1 Vertex Protocol converts to CA$0.0428 CAD as of June 13 at 9:27 AM
About Vertex Protocol
Vertex Protocol is falling this week. The current price of Vertex Protocol is CA$0.0428 per VRTX. With a circulating supply of 536,895,040.256 VRTX, it means that Vertex Protocol has a total market cap of CA$22,703,220.82. The amount of Vertex Protocol traded has fallen by -CA$1,192,078.50 in the last 24 hours, which is a 27.44% decrease. Additionally, in the last day, CA$4,343,593.94 worth of VRTX has been traded.
The exchange rate of Vertex Protocol is decreasing. The current value of 1 VRTX is CA$0.0428 CAD. In other words, to buy 5 Vertex Protocol, it would cost you CA$0.2139 CAD. Inversely, CA$1.00 CAD would allow you to trade for 23.38 VRTX while CA$50.00 CAD would convert to 1,168.77 VRTX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 20.46%. Meanwhile, in the last 24 hours, the rate has changed by 10.17%, and that the highest exchange rate of 1 VRTX to CAD was CA$0.0475 CAD and the lowest 24 hour value was 1 VRTX for CA$0.0412 CAD. Last month, 1 VRTX was worth CA$0.0600 CAD. Today, it's down 27.8%. Looking back a year, Vertex Protocol has changed by CA$0.21 CAD. That means that in a single year, the value of Vertex Protocol has shrank by 79.33%.
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.
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Conversion tables
VRTX to CAD values from Today at 9:27 am
0.5 VRTX = CA$0.0214 CAD |
1 VRTX = CA$0.0428 CAD |
5 VRTX = CA$0.21 CAD |
10 VRTX = CA$0.43 CAD |
50 VRTX = CA$2.14 CAD |
100 VRTX = CA$4.28 CAD |
500 VRTX = CA$21.39 CAD |
1,000 VRTX = CA$42.78 CAD |
CAD to VRTX values from Today at 9:28 am
0.5 CAD = 11.69 VRTX |
1 CAD = 23.38 VRTX |
5 CAD = 116.88 VRTX |
10 CAD = 233.75 VRTX |
50 CAD = 1,168.77 VRTX |
100 CAD = 2,337.53 VRTX |
500 CAD = 11,687.67 VRTX |
1,000 CAD = 23,375.34 VRTX |
VRTX to CAD over time
VRTX | Today | 24H | 1M | 1Y |
---|---|---|---|---|
0.5 VRTX | CA$0.0214 CAD | CA$0.0235 CAD | CA$0.0300 CAD | CA$0.10 CAD |
1 VRTX | CA$0.0428 CAD | CA$0.0471 CAD | CA$0.0600 CAD | CA$0.21 CAD |
5 VRTX | CA$0.21 CAD | CA$0.24 CAD | CA$0.30 CAD | CA$1.03 CAD |
10 VRTX | CA$0.43 CAD | CA$0.47 CAD | CA$0.60 CAD | CA$2.06 CAD |
50 VRTX | CA$2.14 CAD | CA$2.35 CAD | CA$3.00 CAD | CA$10.30 CAD |
100 VRTX | CA$4.28 CAD | CA$4.71 CAD | CA$6.00 CAD | CA$20.59 CAD |
500 VRTX | CA$21.39 CAD | CA$23.53 CAD | CA$30.00 CAD | CA$102.96 CAD |
1,000 VRTX | CA$42.78 CAD | CA$47.06 CAD | CA$60.00 CAD | CA$205.92 CAD |
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Frequently asked questions
How much is 1 Vertex Protocol in CAD?
Right now, 1 Vertex Protocol is worth about CA$0.0428.
How much VRTX could I buy for 1 CAD?
Based on the current rate, you could get 23.38 VRTX for 1 CAD.
How much has the price of Vertex Protocol changed?
Vertex Protocol price has been declining. Since yesterday, the exchange rate of Vertex Protocol has decreased. Since last month, the exchange rate of Vertex Protocol has decreased. Since this time last year, the price of Vertex Protocol has decreased.
How do I calculate or convert VRTX to CAD?
You can use our VRTX to CAD calculator at the top of this page to convert any amount of VRTX to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 116.88 VRTX. Inversely, 5 VRTX will cost about CA$0.21
How can I buy 1 Vertex Protocol on Coinbase?
Vertex Protocol can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Vertex Protocol.
What are assets similar to Vertex Protocol that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Vertex Protocol, including MiraclePlay, Cross The Ages, and Namecoin. 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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