Vertex Protocol
DAMASCUSPerps DEX · Arbitrum · $200M+ TVL · 10 contracts
Public risk assessment — scores are produced with the same methodology as monitored protocols
Security Profile
59
66
95
95
60
60
50
80
55
59
66
95
95
60
60
50
80
55
Audit History
Bug Bounty Program
Assessment
Perpetual exchange on Arbitrum with unified orderbook model. 37+ months live with zero exploits. Cross-margining and edge cross-chain features differentiate. Centralized sequencer and early governance are main risks.
Dimension Breakdown
How scores work →- Sequencer model for order matching
- Admin controls
- Clearinghouse permissions
- Centralized sequencer
- Unified orderbook model
- Cross-margining
- Insurance fund
- Liquidation engine proven
- Internal pricing
- Oracle committee
- Centralized price feeds
- Limited redundancy
- Live since April 2023 (37+ months)
- Growing perpetual volume
- Zero exploits
- Rapid product iteration
- VRTX token early governance
- Team controls most parameters
- Governance decentralization pending
- Foundation structure
- Audited
- Active bounty
- Young protocol
- Limited battle-testing
- No validated adversarial findings — score set to neutral baseline
- Professional team
- Sequencer ops
- Monitoring
- Active development
- Arbitrum-native
- Limited DeFi composition by design
- Edge cross-chain expansion
- Standalone exchange model
- Standard Solidity
- Arbitrum-native
- Verified
- Moderate deps
Additional Dimensions
- Not assessed — excluded from BRI computation
Risk Drivers
Primary risk factors driving this score, ordered by severity.
Adversarial Risk Signals
Observable security posture indicators. These signals reflect publicly verifiable information and responsible disclosure outcomes. No specific vulnerability details are exposed.
Score History & Verification
Score provenance tracking begins with the next reassessment.
On-Chain Data
- Protocol Slug
- "vertex"
- Oracle
- BRORegistry (Base)
- Evidence
- IPFS (pinned)
- Staleness Threshold
- 24 hours
registry.getScore("vertex")Reduce exploitable risk
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