About Vest Exchange

What is Vest Exchange in simple terms?

Vest Exchange is a decentralized perpetual futures platform built on zkSync. Its core is the “zkRisk” engine—a system that prices risk transparently and aims to prevent manipulation or socialized losses. Trades settle in USDC, and liquidity providers supply USDC to earn yield from risk premia and fees. Think of it as a zk-powered perps DEX designed for transparency and solvency.

Does Vest have a token yet?

Not yet. There’s no official VEST token, contract, or immutable tokenomics published. What exists are points programs and incentives, which some speculate could lead to an airdrop. Until the team formally announces details, there’s no confirmed coin or trading symbol.

How would tokenomics look if a coin is launched?

Since no token has been announced, tokenomics remain unknown—no supply cap, no allocation model, no emissions. If Vest issues a coin, details like vesting and unlocks will come later. For now, all activity revolves around USDC settlement and points programs.

Are there any vesting schedules or unlock calendars?

No. Without an official token, there’s no vesting plan. Any timelines you see on trackers are speculative. Official docs make clear that Vest hasn’t released a coin, so investors and users shouldn’t rely on generic “unlock calendars.”

Who invested in Vest’s seed and funding rounds?

Vest Labs raised a seed round in January 2023 and a $5M funding round in March 2025. Backers across these rounds include Jane Street Capital, Amber Group, Selini Capital, Big Brain Holdings, AscendEX, QCP Capital, Infinity Ventures Crypto, Cogitent Ventures, Pear VC, and Builder Capital, alongside notable angels.

How will those funds be used?

The financing is dedicated to expanding the zkRisk engine and scaling Vest Exchange. Specifically, the team is building more markets, strengthening institutional-grade infrastructure, and preparing for products beyond USDC-settled perps.

Has Vest run any airdrops or campaigns?

There’s been no confirmed token airdrop. What Vest has run are incentive programs: weekly points accrual for traders and LPs, and an Ignite Rewards program with boosted LP yields. Third-party listings even mention ZK incentives, though these remain unverified by the team.

Where can you trade the VEST coin?

You can’t, at least not yet. Vest’s perps product is live, but the token is premarket. You’ll find BTC/USDC or ETH/USDC perps on Vest Exchange, but no listing for a VEST governance token.

What’s on the roadmap for Vest?

The team plans to expand from perps into spot markets, coin-margined products, and even native borrow/lend. The zkRisk engine will be scaled for broader asset coverage, with institutional adoption in mind. It’s not a short roadmap—it’s about building a full zkSync-native trading stack.

What risks should users keep in mind?

The biggest is uncertainty: no official token means no guarantees around an airdrop. On the technical side, zk-based systems carry complexity, and liquidity providers face market risk despite zkRisk safeguards. And of course, perps can draw regulatory heat, especially without KYC.

How are trades and LPs handled on Vest?

Traders pay risk-based premia plus a flat execution fee; LPs earn from those fees by supplying USDC. Solvency and pricing are verified through zk proofs. The design tries to keep liquidity stable and minimize stress events, though extreme conditions can still test the system.