Vertex Protocol (VRTX) is a token that represents the native token of the Vertex network, which is a hybrid orderbook-AMM DEX that offers spot, perpetuals, and an integrated money market on the Arbitrum layer 2 scaling solution. VRTX was created by the Vertex team, who have worked on various projects in the fields of distributed systems, cryptography, and market-making. VRTX is used for governance, staking, transferring value, and accessing cross-chain services on the Vertex network.