Vega Protocol is a protocol that enables the secure and efficient trading of derivatives (such as futures, options) in a decentralized finance (DeFi) ecosystem and is also the native cryptocurrency of this protocol.
VEGA, which has fallen 14.71% in the last 24 hours and at the time of writing, is among the day's decliners. Vega Protocol decided to close the network by community vote because it did not receive enough interest. The network, which was launched in 2023, automatically closed on-chain transactions, while the team announced that it will support a decentralized exchange called Nebula. After these developments, VEGA price may have declined.
