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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

BIG NEWS IN DEFI: Mantle and Vertex Team Up for a New Trading Experience

NewsBTC
NewsBTC
Last Updated: July 5, 2024 9:07 am
2 mins read

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Hey, crypto enthusiasts! There’s some exciting news in the DeFi world. Mantle is partnering with Vertex, a decentralized exchange (DEX), to enhance trading on the Mantle Network. This collaboration aims to improve efficiency and user experience, and it’s kicking off with a 100K MNT trading competition. Here’s a closer look at what this partnership brings to the table.

The Mantle-Vertex Tag Team

Vertex is known for its fast order book and user-friendly features. By joining forces with Mantle, these benefits will now be available within the Mantle Network. This partnership promises a more streamlined trading experience, combining Vertex’s speed with Mantle’s innovative ecosystem.

Why This Partnership Matters

This collaboration brings together the strengths of both platforms, making DeFi more accessible. With Vertex’s performance and Mantle’s engaged community, users can expect a significantly enhanced trading experience.

Mark, Head of Business Development at Mantle, shared his excitement: “Vertex’s ability to provide fast, low-latency trading with cross-chain liquidity will significantly improve user experience on Mantle.”

Darius Tabatabai, Co-Founder of Vertex, added, “Mantle is one of the most impressive ecosystems we have encountered, boasting a rapidly growing and engaged community alongside an ambitious growth plan.”

What’s Next for Vertex on Mantle

Vertex has big plans for its integration with Mantle, including giving away 900,000 $MNT as trading rewards to early users. Most of these rewards will go to active traders in the perpetual and spot markets, with a portion reserved for a trading competition.

100K MNT Trading Competition

To celebrate the partnership, Mantle and Vertex are hosting a trading competition with a 100K MNT prize pool starting on Tuesday, June 25th. Traders will compete to climb a leaderboard based on their on-chain trading performance. It’s a great opportunity to get to know the Vertex platform and possibly win some crypto.

Vertex will be running 5 rounds of 6-day competitions with 1 day breaks.

Each of these competitions will have 20K MNT Prize Pool for a total prizepool of 100K MNT.

1st Round: 25th June 2024, 16:00 PM UTC – 1st July 2024, 16:00 PM UTC
2nd Round: 2nd July 2024, 16:00 PM UTC – 8th July 2024, 16:00 PM UTC
3rd Round: 9th July 2024, 16:00 PM UTC – 15th July 2024, 16:00 PM UTC
4th Round: 16th July 2024, 16:00 PM UTC – 22nd July 2024, 16:00 PM UTC
5th Round: 23rd July 2024, 16:00 PM UTC – 29th July 2024, 16:00 PM UTC

Join the DeFi Revolution

The Mantle-Vertex partnership is set to make waves in the DeFi world. With improved trading speed and a user-friendly platform, it’s a win for everyone involved. Keep an eye out for the 100k MNT trading competition and other exciting opportunities coming soon.

 

 

 

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

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