In a short span of 3 months, we went from $0 to $100 million in volume.

To put it into better perspective, in just the last 2 weeks alone, the community traded over $40 million through VDEX. We are grateful for your support and know that none of this would be possible without you.

We have kept building and shipping since our last newsletter. Here is a summary of the key updates:

• MicroStrategy ($MSTR) perpetuals became tradable for the first time ever onchain or offchain

• VDEX listed Turkish Lira ($TRY), thus deepening our commitment to serve our users in Türkiye.

• Users can now set take-profit and stop-loss levels when placing limit orders (one of our most requested features)

• VDEX mobile went live. You can now trade on the go with no downloads or extensions required!

• Our website is now multilingual. Traders can now navigate the full VDEX experience in their native language.

We have been active on the ground as well. I recently attended Bitcoin Prague, Istanbul Blockchain Week, and EthCC Cannes, meeting other DeFi leaders.

Prague was my first time in a Bitcoin-only crowd. Everyone was abuzz with talk of Bitcoin treasury companies, or public vehicles used to issue equity and debt to acquire Bitcoin. I have been skeptical of the longevity of such assets, but after speaking with some smart people, I see how the math can work.

In Türkiye, we hosted our first official community event, Merhaba Istanbul, during Istanbul Blockchain Week. Below are some highlights of the sunset party where met over 100 traders, thought leaders, and friends of VDEX!

In Türkiye, we hosted our first official community event, Merhaba Istanbul, during Istanbul Blockchain Week. Below are some highlights of the sunset party where we met over 100 traders, thought leaders, and friends of VDEX!
 

Finally, VDEX listed Solana at 5x leverage and opened a trading competition ending at the end of this month. If you are looking to jump into the action, here is an access code with a $20 trading credit for deposit-free trading. You can also navigate to our app and input ‘Newsletter4’ into the box.

Thanks for being part of the journey. We’re just getting started, and the next chapter is already underway.

Onward and upward,
José Betancourt
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