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Scores/Vertex Protocol

Vertex Protocol

DAMASCUS

Perps DEX · Arbitrum · $200M+ TVL · 10 contracts

Official site: vertexprotocol.com ↗

763
3004756508251000
Confidence79%
Z-Factor0.65
Updated 2026-05-27Public score

Security Profile

Access Ctrl
59
Economic
66
Oracle
95
Compos.
95
Govern.
60
Maturity
60
Resilience
50
Supply Ch.
80
OpSec
52
Cascade
100
Min
50
Avg
72
Max
100

Audit History

Ackee Blockchain
2023-03
Spearbit
2024-01

Bug Bounty Program

$500,000
Max payout on HackenProof
View 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

Methodology
Access Control
Weight 18% · 79% confidence
59
+20Sequencer model for order matching
+20Admin controls
+20Clearinghouse permissions
-41Centralized sequencer
Provenance
Economic Soundness
Weight 13% · 79% confidence
66
+16Unified orderbook model
+16Cross-margining
+16Insurance fund
+16Liquidation engine proven
Provenance
Oracle Integrity
Weight 13% · 79% confidence
95
+32Internal pricing
+32Oracle committee
-5Centralized price feeds
+32Limited redundancy
Provenance
Battle-Tested Maturity
Weight 12% · 79% confidence
60
+15Live since April 2023 (37+ months)
+15Growing perpetual volume
+15Zero exploits
+15Rapid product iteration
Provenance
Governance & Upgradeability
Weight 10% · 79% confidence
60
+20VRTX token early governance
-40Team controls most parameters
+20Governance decentralization pending
+20Foundation structure
Provenance
Adversarial Resilienceredacted
Weight 10% · 30% confidence
50
  • Audited
  • Active bounty
  • Young protocol
  • Limited battle-testing
Provenance
Operational Security
Weight 10% · 60% confidence
52
-24No branch protection detected
+13Active CI/CD (100% success rate)
+13Commit signing: 94% verified
-24Weak PR review coverage (0%)
Provenance
Compositional Risk
Weight 5% · 79% confidence
95
+24Arbitrum-native
+24Limited DeFi composition by design
+24Edge cross-chain expansion
+24Standalone exchange model
Provenance
Cascade Exposure
Weight 5% · 50% confidence
100
+33Member of 1 dependency cluster(s)
+33No cross-protocol cascade exposure detected
+33Source: cross_protocol_composition.json dependency analysis
Provenance
Supply Chain
Weight 4% · 79% confidence
80
+20Standard Solidity
+20Arbitrum-native
+20Verified
+20Moderate deps
Provenance

Top Score Drivers

Dimensions with the greatest marginal impact on BRI.

Access Control
59+46.1 potential
Centralized sequencer
Adversarial Resilience
50+33.2 potential
Operational Security
52+31.3 potential
No branch protection detected
Battle-Tested Maturity
60+29.2 potential
Live since April 2023 (37+ months)
Economic Soundness
66+25.7 potential
Unified orderbook model

Adversarial Risk Signals

Publicly verifiable security posture indicators.

Disclosure HistoryNot Assessed
Remediation VelocityNot Assessed
Bug Bounty ProgramNot Assessed
Audit CoverageNot Assessed
Incident HistoryNot Assessed
Deployed 2023-04-0110 dimensionsProvenance Ledger
methodology v2.1formula v1.1weights v1.1evidence sha256:sha256:0...

Score History & Verification

Score provenance tracking begins with the next reassessment.

Full provenance ledger

On-Chain Data

Protocol Slug
"vertex"
Oracle
BRORegistry (Base)
Evidence
IPFS (pinned)
Staleness Threshold
24 hours
Read Score
registry.getScore("vertex")
Reduce exploitable risk

Continuous adversarial analysis, vulnerability detection, and verified reassessment.

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