1/ As of Today @ 2PM UTC, Phase 4 of the Vertex Edge Shutdown Sequence has officially begun. This is the final phase of the shutdown. From this point forward, all trading, deposits, and withdrawals will be disabled. Please read carefully.
2/ Phase 4: Money Market Closure & Web App Shutdown 📆 Start: Wednesday, July 16th 2025 @ 2 PM UTC 📆 End: Thursday, August 14th 2025 @ 2PM UTC During this phase: • Remaining borrow positions are force-closed via collateral swap, these will be subjected to a 5% penalty when settled. • BTC-PERP price feed frozen and remaining positions force closed • Resulting funds will be automatically sent to your linked wallet. • All trading interfaces are now permanently disabled. • User-initiated withdrawals via the app are no longer supported. • Trade history will remain viewable for approximately 4 weeks.
3/ After August 14th, the Vertex app will be fully sunset and no further actions will be possible. For a full overview of the shutdown process and a recap of the acquisition, please refer to the links below. For full details, visit: Acquisition recap:
Vertex 🏔
Vertex 🏔8.7. klo 22.09
A New Chapter – Vertex Joins the Ink Foundation! We're thrilled to announce that Vertex has entered an agreement to join @inkonchain, bringing our core infrastructure and team to the Ink ecosystem. This marks a major milestone for both Vertex and Ink as we power the next generation of on-chain trading.
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