Vega Protocol

Founded in 2018, Vega Protocol is a purpose-built blockchain, or "app-chain," optimized for high-performance derivatives trading. Its mission is to create a fair and open financial system by enabling anyone to create and trade derivatives markets permissionlessly. The protocol is designed to operate with the speed and efficiency of traditional financial exchanges while maintaining the security and censorship resistance of a decentralized network. It eliminates centralized points of control and rent-seeking intermediaries, offering features like built-in liquidity incentives, sophisticated risk management, and no gas fees on trades.