2๏ธโฃBlitz on Blast
Trade on Blitz, a blazing-fast on-chain deployment of Vertex to the Blast L2 network -- powered by Edge.
Last updated
Trade on Blitz, a blazing-fast on-chain deployment of Vertex to the Blast L2 network -- powered by Edge.
Last updated
Vertex Edge is the primary cross-chain product, laying the foundation for an alliance of ecosystems injecting their liquidity into a shared, synchronous orderbook liquidity layer across chains.
The expansion of the network plugged into Vertex Edge will begin with the first cross-chain (non-Arbitrum) Vertex Edge instance โ Blitz on Blast.
Start Trading on Blitz: https://app.blitz.exchange
Check out the full Blitz documentation here: https://docs.blitz.exchange/
Any on-chain smart contract deployment of Vertex on an independent base layer (L1 / L2) is a Vertex Edge instance. For example, Vertex (Arbitrum) and Blitz (Blast) are the original and first instance of Vertex on different L2s, respectively.
A Vertex Edge instance on any base layer contains the following primary properties:
The liquidity from the chain supported by Edge (e.g., Blitz on Blast) is aggregated and unified at the sequencer level with all of the other Vertex Edge instances (Arbitrum, Blast, Mantle) in a synchronous orderbook liquidity layer.
The app interface utilizes the same UI kit and back-end as the Vertex app on Arbitrum, but modifies design features and other user-facing elements between Vertex Edge instances on different chains.
The shared liquidity is accessible by any base layer (Arbitrum, Blast, Mantle) connected to Edge.
Each Vertex instance will display the combined orderbook liquidity of all the connected chains on the appโs trading interface (e.g., the orderbook). For example, Blitz will display the resting liquidity on the orderbook from both Arbitrum and Blitz.
Blitz is a native on-chain deployment of the Vertex smart contracts to the Blast L2 network.
The Blitz DEX utilizes the same architecture as Vertex on the back-end, and the Blitz app will be a very similar version of the current Vertex app on Arbitrum. The primary differences between Vertex (Arbitrum) and Blitz (Blast) are mostly design modifications.
Under the hood, however, the same blazing-fast performance and hybrid on / off chain model utilized by Vertex on Arbitrum powers Blitz.
Whatโs the key difference? Edge.
Vertex Edge will officially launch commensurate with the launch of the Blitz app on Blast โ meaning the first two chains plugged into Vertex Edge will be the original Vertex app on Arbitrum and Blitz on Blast.
To the user, Blitz will retain the intuitive feel of the Vertex app on Arbitrum outside of bespoke design changes and an independent points system.
But the magic is whatโs churning under the hood โ synchronous orderbook liquidity.
In summary, increased usage of Blitz is value-additive to Vertex on Arbitrum โ unified liquidity is synergistic -- not subtractive. This is a different paradigm for blockchain trading.
Blitz will also launch with all of Vertexโs characteristic features available out of the box, including:
Spot, perpetuals, and an integrated money market.
Unified cross-margin across all products.
Order-matching latency of 5โ15 milliseconds.
30+ spot and perpetual pairs.
Embedded AMM.
Zero trading fees for makers across all markets.
2 bps trading fees for takers across all markets.
Scalable liquidity to multiples of TVL.
HFT-friendly API & SDK (Typescript, Python, and Rust).
Most importantly, Blitz arrives with synchronous access to unified cross-chain orderbook liquidity.
More cross-chain instances of Vertex will be supported by Edge throughout 2024...Edge is coming soon to a blockchain near you.