Vertex, which had been operating on a test network, combines an off-chain order book layered on top of an on-chain automated market maker on a decentralized, self-custodial exchange. The firm, which has bases in Singapore and the Cayman Islands, counts Jane Street, Dexterity Capital, Hudson River Trading, GSR, Collab+Currency, JST Capital, Big Brain and Lunatic Capital among its early backers.
Source: https://www.coindesk.com/business/2023/04/26/decentralized-exchange-vertex-launches-on-ethereum-layer-2-arbitrum/?utm_medium=referral&utm_source=rss&utm_campaign=headlines