Vest Exchange
  • Welcome
    • About Vest
    • Getting started
  • Overview
    • Vest Architecture
      • Overview
      • zkRisk Engine
      • Swaps
      • Clearinghouse
      • Order book
      • Oracle
      • Vest Liquidity Pool
      • Blockchain
      • Decentralization
    • Trading
      • Perpetual contract specifications
      • Fees
      • Order book
      • Order types
      • Funding
      • Margin
      • Liquidations
      • Price Indices
      • Market making
    • Providing Liquidity
  • Points
  • Referrals
  • Risks
  • Audits
  • Media Kit
  • Vest API
  • Resources
    • Research
    • Github
    • Twitter
    • Discord
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  1. Overview
  2. Vest Architecture

Blockchain

Vest operates on Base, a Layer 2 (L2) network built on Ethereum. The platform stores the entire state of the exchange on-chain—including account balances and open positions. Orders themselves can easily be stored on-chain in the future.

Base consensus is used exclusively for settlement operations, such as asset transfers. All other logic—including position updates, deposits, withdrawals, and pricing—is computed off-chain and verified via zkProofs, ensuring both performance and integrity.

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Last updated 10 days ago

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