# vDEX

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[**vDEX**](https://dev.vdex.ai/) is a decentralized perpetual exchange that supports [**Zero Funding Rate**](https://docs.vdex.ai/trading/delta-neutral-perpetual-futures/zero-funding-rate)/[**Zero Borrow Fee**](https://docs.vdex.ai/master-guide/fees) perps trading.

Trading is supported by a [**Delta-Neutral vUSDC Pool**](https://docs.vdex.ai/providing-liquidity/usdc-margined-perps-liquidity-providing) that earns liquidity providers [**Risk-Adjusted Real Yield**](https://docs.vdex.ai/providing-liquidity/usdc-margined-perps-liquidity-providing#id-843b) from market making through [**Automated-Asset-Manager**](https://docs.vdex.ai/providing-liquidity/usdc-margined-perps-liquidity-providing#id-843b).

Dynamic pricing is supported by [**Pyth and an aggregate of prices**](https://docs.vdex.ai/master-guide/price-feed) from leading volume exchanges.

For token holders: VDX / VGO

For liquidity providers: [**VLP**](https://docs.vdex.ai/providing-liquidity/usdc-margined-perps-liquidity-providing#vlp-tailored-for-risk-takers) / [**VUSDC**](https://docs.vdex.ai/providing-liquidity/usdc-margined-perps-liquidity-providing#id-843b)

For traders: [**Perps**](https://docs.vdex.ai/trading/delta-neutral-perpetual-futures) / [**Options**](https://docs.vdex.ai/trading/perpetual-options)