PANews reported on July 8 that according to The Block, the decentralized trading platform Vertex will shut down the existing deployment based on Arbitrum and rebuild the DEX on the Layer 2 network Ink incubated by Kraken. The native token VRTX will be phased out. The July 8 snapshot will determine the INK airdrop qualification, and VRTX holders will receive 1% of the initial supply. The Ink Foundation will receive its order book, perpetual engine and lending technology to accelerate the construction of the on-chain capital market.