voidy

At most prop firms, ~6% of evaluations ever end in a payout. At Vest, nearly a third of traders receive a payout. We still have a lot of work to do to make that number higher. Grateful to @FortuneMagazine for sharing more on the Vest story: fortune.com/2026/10/07/exclu…

Hey everyone, First, I'm honestly blown away by everything that's been happening lately. We can't thank our traders and supporters enough, truly. My team and I have been working on Vest for almost five years now. We are traders ourselves who started Vest because we thought we could build the product we all wanted to use ourselves. We spent years doing open-source research for the betterment of the industry (research.vest.xyz), often with no one watching. We pivoted dozens of times. We were told over and over again that what we were doing wouldn't work, that it was impossible, that we should give up, sell, walk away. We faced rejection, after rejection, after rejection. There were days it felt like no one believed in this but us. So to see all of that work, all of those late nights and hard calls, finally turn into something traders actually love and use every day is extremely humbling. It means more to us than I can put into words. Truly, thank you. Second, I want to address the allegations of wash trading head on head-on, because they come from a HUGE misunderstanding of how our product is different from other perp DEXs. We're not just another perps dex, but also a funded account platform. In fact the large majority of our traders use funded accounts. When they do, they can get up to $25k accounts for as little as $210. They can then open positions of up to $1.25M notional on some markets like ES and NQ. These accounts have a daily loss and drawdown limit, so most traders trade shorter-horizon and flip positions often. If they pass their evaluation phase, their trades are in “live” mode and get shown in the A-book where they trade against other traders and market participants. Because of the nature of the high implicit leverage and max drawdowns, that usually leads to high volume and low OI behavior on the live market. This is now accurately displayed on ALL OFFICIAL Vest platforms. We’ve gone through a few iterations of the front end to move away from combined 24H volume. Previously, if you hovered over the volume number on Vest, you can see the breakdown of eval and live volume. To make it even more obvious, we now explicitly display both at all times. In our API’s we now very clearly separate and document our eval and live volume. If anyone has feedback on how to make this clearer, our team is always here to listen. Part of the confusion is what is shown on official Vest platforms and what is not. We cannot control what third party aggregators use to display us. Some of them are also using information from an old outdated exchange that we are deprecating. We also cannot control if they decide to put us in the same comparison with other perp DEXs where the product offering is fundamentally different. I also take some blame for not reaching out to all aggregators beforehand and making sure that everything is up to date, but there are hundreds of aggregators out there, and I hope you’ll excuse me on this front. It is our belief that the perpetual future is the best asset class for retail traders to trade with. It has been our goal, and vision, to onboard the rest of the world - the futures traders, the CFD traders, the options traders and more - onto this form factor that we believe is ultimately better for them. We believe that funded accounts are the best way to learn and trade with this new form factor because it lowers the barrier to entry. We have been extremely blessed beyond belief to achieve this mission. If you search up vestexchange on twitter, we have thousands of traders from traditional finance that have never traded perps, receiving payouts and expressing really positive feedback on our platform. Many of the feedback is that “we are too good to be true” because our rules are so trader friendly. I will continue to answer all feedback and hopefully continue to help explain anything people are uncertain about. Like all other platforms and exchanges, affiliates receive a commission on referrals. Some partners also have content creation and partnership deals, but these are few and far between and we ask all of our affiliates to disclose when posting. Candidly, we also don’t really want to burden our balance sheet with 5 or 6 figure retainer deals because that value should be passed onto traders in any way we can. For those who haven’t tried out Vest. I would love to onboard you! For those who are FUDDing Vest (mostly competitors), I would ALSO love to onboard you and for you to see why we’ve achieved such fast growth! It is our goal to build the best platform for retail traders, and I am glad that our product is putting pressure for innovation in this space.

The best thing we’ve built at Vest is, and always will be, our team.