💰Trading Rewards
Earn Sonic Points and Gems by trading on Vertex Edge.
Last updated
Earn Sonic Points and Gems by trading on Vertex Edge.
Last updated
Vertex on Sonic offers users the opportunity to earn both Sonic Points and Gems through trading and interacting with the Vertex app. These rewards incentivize active participation and liquidity provision in Sonic’s ecosystem.
Sonic announced Season 1 of its rewards program recently, consisting of:
Gems: Gems are distributed by Sonic to dApps, like Vertex, for redistribution to users. The allocation of Gems will occur at the end of Season 1 (June 2025), based on Credits earned by users on Vertex throughout Season 1. Gems can be redeemed for $S tokens at the end of the Season.
Points: Sonic Points are ecosystem-wide rewards granted to users for engaging with Sonic’s apps and assets. These Points can later be converted to $S tokens, the platform’s native token.
Vertex traders will earn both Gems and Points on Sonic.
To support Season 1, Vertex will soon launch a Gems Farming page with Credits on the Vertex app.
During Season 1, Credits are earned based on user activity – determining the distribution of Gems to Vertex users at the season's conclusion. Credits function as a metric to reward Vertex traders prior to the final Gems allocation in June 2025.
Credits on Vertex are awarded to users based on the following criteria:
TVL: Total value locked in your account.
Volume: Both Maker Volume (47.5% allocation) and Taker Volume (47.5% allocation).
OI: Open interest.
Net Account Value: The total value of assets in your account.
Borrow Amount: Value of assets borrowed on Vertex.
LP Value: Value provided in liquidity pools.
Earn 25% of the Credits accumulated by your referees.
5% of Credits are allocated based on Q-Score performance in Vertex’s spot markets – initially weighted by Wrapped Sonic ($wS) tokens.
Q-Scores follow the same weekly epoch as VRTX rewards, which are viewable here.
Credits are designed to fairly reward active participation by Vertex users, incentivizing users to engage across multiple dimensions of the Vertex app.
Distribution and updates of Credits calculations on Vertex include:
Daily Drops: 100,000 Credits are distributed daily to Vertex users for trading activities.
Updates: Credit calculations for trading activity, including maker and taker volume, are updated every 1 hour.
Vertex users can earn Sonic Points by trading on Vertex. Sonic Points are user-focused points currently available to earn throughout Season 1 of the Sonic program, which is expected to run until June 2025.
Please note that Sonic Points are different from Gems and Credits on Vertex. Sonic Points are indexed and tracked independently by the Sonic team. You can view your current Sonic Points here.
Sonic Points are available to earn on Vertex via 2 primary methods:
Passive Liquidity Points: By holding whitelisted assets within the Sonic ecosystem, users earn points based on the value and type of assets they hold.
Activity Points: Engaging with approved applications (including Vertex) using the whitelisted assets displayed in the table below provides additional multipliers, encouraging active participation by users.
Vertex users must hold or utilize the eligible whitelisted assets to earn Sonic Points. Per the Sonic team, the eligible whitelisted assets are displayed in the table below.
Both $USDC and $wS token spot markets will be available as collateral on Vertex to earn Sonic Points, with plans to list more assets soon.
The Wrapped Sonic ($wS) spot market is planned to go live on January 16th, 2025.
The $S token airdrop claim date is slated for June 2025, where users can immediately claim 25% of their Sonic Points airdrop for S tokens. The remaining 75% will be vested over the following 270 days.
For further information on the S token airdrop, Sonic Points & Gems, and other official Sonic information, please refer to the official Sonic website and documentation.
Sonic users can earn $VRTX rewards by trading on Vertex Edge (Sonic) as both a maker and taker.
Trading on Vertex is designed to be effortless yet rewarding. Whether you are trading spot and / or perpetuals, each executed trade contributes to your eligibility for rewards.
For every trade you make, Vertex allocates trading rewards – distributed to users on a weekly basis.
Rewards are distributed in VRTX, Vertex’s native utility token, which can be staked to further amplify your benefits or reinvested into your trading activities.
VRTX Rewards for Sonic users are available to both:
Takers
Makers
Please note that Sonic users will need to switch to the Arbitrum One network to claim their VRTX trading rewards.
However, rewards are still earned by using the Sonic deployment of Vertex. The VRTX rewards for Sonic users are viewable on the "Rewards" page of the Vertex app.
Only claiming VRTX rewards requires switching to Arbitrum.
For every trade you make, Vertex allocates reward points based on factors such as:
Trading Volume: Higher volumes yield greater rewards.
Asset Pairs: Certain trading pairs may offer enhanced incentives.
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.
The total pool of available VRTX trading rewards each epoch (weekly) are split between makers and takers as follows:
Makers = 75%
Takers = 25%
Taker rewards are calculated for each user pro-rata as a percentage of the total pool of taker fees paid by users in a given weekly epoch.
A taker order qualifies as any order that immediately crosses the book and takes liquidity, such as filled market orders.
The Vertex Maker Program offers VRTX trading rewards allocated to Q-score function for qualified makers that prioritizes:
Market Support
Uptime
Fees
Arbitrum
Mantle
Base
Sei
Sonic
Dynamic Reward Allocation: The allocation of rewards adjusts based on activity and performance metrics for each chain, ensuring incentives align with user participation and liquidity needs.
Balanced Incentivizes: This system encourages active engagement where it is most impactful. For example:
Higher maker activity on Arbitrum results in more VRTX maker rewards for that chain.
Increased taker activity on Sonic leads to more VRTX taker rewards for Sonic.
In summary, Sonic users are eligible to earn the following rewards by trading on Vertex:
Sonic Gems
Sonic Points
VRTX Tokens
If you have any questions about trading rewards on Vertex available to Sonic users, please refer to the Official Vertex Discord here.
