Arbitrum-based DEX Vest comes out of stealth with seed round from Jane Street, others

Quick Take

  • Vest is an upcoming decentralized perpetual futures exchange on the Arbitrum network.
  • It has closed a seed round from Jane Street, QCP Capital and others.

Vest Exchange came out of stealth and revealed plans to launch a decentralized perpetual futures exchange on the Arbitrum network.

The exchange has closed a seed round for an undisclosed amount from Jane Street, QCP Capital, Big Brain Holdings, Ascendex, Builder Capital, Infinity Ventures Crypto, Robert Chen (Ottersec), Pear VC, Cogitent, Moonshot Research, Fugazi Labs and other angel investors.

"We hope that Vest will elevate the standard of perpetual futures trading by democratizing access to unique trading opportunities in all markets," Vest said in a blog post.

Vest will focus on providing low barriers for token listings, strong risk management and clear fees for liquidity providers. It said it will provide these elements through the design of its risk engine.

The exchange will soon announce a testnet.


© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

AUTHOR

Tim is the Editor-In-Chief of The Block. He writes about the evolution of crypto technology and the people who are at the forefront of it. He provided exclusive, source-based insights into the launches of the Bitcoin and Ethereum ETFs, crypto sales by the FTX Estate and the Trump-linked World Liberty Financial project. Prior to joining The Block, Tim was a news editor at Decrypt. He earned a bachelor's degree in philosophy from the University of York and studied news journalism at Press Association Training. Follow him on X @Timccopeland.

See More
Connect on

Editor

To contact the editor of this story: Mike Millard at [email protected]

WHO WE ARE

The Block is a news provider that strives to be the first and final word on digital assets news, research, and data.

+ Follow us on Google News
Connect with the block on