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    Vega Protocol

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    TL;DR

    Decentralised infrastructure that allows anyone to create products and markets, be a market maker, or trade.

    Dossier

    ## Overview Vega Protocol is a decentralized infrastructure layer designed to enable permissionless creation of financial products and markets on-chain. Rather than operating as a traditional exchange or clearinghouse, Vega functions as a protocol—a set of rules and mechanisms that allow anyone to launch derivatives markets, provide liquidity as a market maker, or trade on existing venues. The protocol operates across Ethereum and Arbitrum, leveraging these blockchains for settlement and transparency while managing order matching, risk, and market operations at the protocol level. The fundamen