Decentralised derivatives protocol

Vega is an open sourced protocol for creating and trading derivatives on a fully decentralised network.
Backed by:

Key features

Non-custodial and pseudonymous

All interactions are via public key cryptography with no backdoors or admin keys.

Purpose built appchain for trading

Vega can be deployed as a CometBFT based proof-of-stake chain.

Unique and configurable fee model

Trading optimised fees with no per-transaction “gas” costs for orders

Open source protocol and software

The protocol specs and software are open source.

Rich CEX-style order book and APIs

Data nodes provide order book and historic data APIs.

Permissionless market creation

Built in governance allows protocol users to create and manage markets.

Audits

Vega protocol is still in alpha and changing rapidly. As a result not all the code is currently audited, but where possible top quality auditors have been already been engaged to review the more stable parts of the protocol.

Solidified is one of the largest smart contract auditing firms in the world, operating since 2017 and part of the SecurityOak company.

FYEO delivers Web3 security audits, threat monitoring, AI-powered anti-phishing, and decentralized identity management.

Radically Open Security is a non-profit computer security Consultancy passionate about making the world more secure.

Programmatic trading on Vega

Vega's decentralised datanode architecture provides rich CEX-like APIs and full historic price data for everyone.