VortexPerp Documentation
Welcome to the official documentation for VortexPerp. This guide explains the core concepts behind our Virtual Automated Market Maker (vAMM) perpetual futures protocol on Solana.
What is a vAMM?
A Virtual Automated Market Maker (vAMM) works like a standard decentralized exchange (like Uniswap), but with a twist: there are no actual tokens inside the liquidity pool!
Instead of swapping real SOL for real USDC, the vAMM uses pure math x * y = k to calculate the price of a synthetic asset.
When you trade on VortexPerp, your collateral (SOL) is stored safely in a smart contract vault, and the vAMM simply tracks your "position" mathematically. This allows for infinite liquidity without needing liquidity providers!