Vest Exchange 

What is Vest Exchange (Vest Markets)?

Vest Exchange is a decentralized perpetual futures exchange built on zkSync, a zero-knowledge rollup on Ethereum. The protocol gives on-chain traders perpetual exposure to more than 40 pairs spanning crypto, crypto derivatives, commodities, and real-world assets, with leverage of up to 50x per third-party trackers. Vest Labs, a team with proprietary market-making backgrounds, is the core contributor. DropsTab classifies Vest Exchange under DEX and Perpetual, and current official documentation brands the platform as Vest Markets.

How does the Vest Exchange zkRisk engine work?

zkRisk is Vest Exchange's zero-knowledge risk engine. The engine continuously monitors trader positions and system-wide exposure, then dynamically adjusts pricing, fees, and funding rates. Vest Labs built zkRisk to price insolvency risk into every trade — replacing the opaque conservative risk models conventional perpetual venues rely on. Official documentation leads with the zkRisk platform as the protocol's core product.

Is Vest Exchange built on zkSync?

Yes. Vest Exchange is built on zkSync, a zero-knowledge rollup on Ethereum. Per DropsTab activity data, the protocol's own campaign description identifies the exchange as a decentralized perpetual futures exchange on zkSync. The venue operates without KYC per third-party coverage — a structure that preserves on-chain access but carries latent regulatory exposure common to decentralized perps venues.

What markets can you trade on Vest Exchange?

Vest Exchange lists more than 40 perpetual pairs spanning crypto, crypto derivatives, commodities, and real-world assets. Leverage reaches up to 50x per third-party trackers, and the protocol applies no open-interest caps. Official documentation names spot markets, native borrow/lend, and coin margin as roadmap items — none of these are live products on the platform today.

Does Vest Exchange have a token?

No. Vest Exchange has not issued a token: no ticker, no on-chain contract, and no tokenomics exist, and DropsTab marks the asset as not yet trading. The team has announced no token generation event and no allocation model. Third-party airdrop trackers speculate that points may convert into a future token, but no conversion, allocation, or token generation event has been confirmed. Queries about a "VestChain coin" refer to a different, unrelated project.

How does the Vest points program work?

Vest Exchange has run a points program since April 29, 2024. Participants earn rewards by trading perpetual futures and providing liquidity on the protocol, and Vest tracks earned points on its points dashboard. Per DropsTab activity data, the campaign is active with no end date. The team has not defined how points would translate into eligibility for any future token distribution.

Who invested in Vest Exchange?

Per DropsTab fundraising data, Vest Exchange raised $5 million in a funding round on March 12, 2025, joined by Amber Group, Jane Street Capital, Big Brain Holdings, Selini Capital, Mozaik Capital, and DefiSquared, plus angels including Jon Wu and Robert Chen. A seed round on January 29, 2023 brought in Jane Street Capital, QCP Capital, Big Brain Holdings, Pear VC, Infinity Ventures Crypto, and AscendEX. The seed round's size was not disclosed. No single investor is disclosed as holding more than 20% of equity or future supply.

What does Vest Exchange's investor lineup signal about the project?

Vest Exchange's backer list is dominated by proprietary trading and market-making firms rather than generalist venture funds. Jane Street Capital participated in both rounds, and official documentation also cites backing from Amber, Selini, QCP, Big Brain Holdings, and IVC, plus executives from Citadel, BlackRock, and HRT. The composition signals derivatives-pricing and market-microstructure expertise among early backers — directly relevant experience for a perpetual futures exchange whose core product is risk pricing.

How does Vest Capital's funded-trading program work?

Vest Capital is a funded-trading program operated by Vest Exchange. Traders who qualify trade the firm's capital and keep 90% of profits. Vest announced the program through its official documentation as a product launch. Vest Capital is a trading product rather than an earning campaign, and it stands apart from the points program described above.