Unlock Global Markets: Virtuals Protocol (VIRTUAL) Is Live on Ndax

Ndax is proud to list Virtuals Protocol (VIRTUAL), the decentralized synthetic asset platform bringing global markets on-chain.

Powering the On-Chain Economy with Virtuals Protocol (VIRTUAL)

Virtuals Protocol (VIRTUAL) is transforming how people engage with traditional financial markets. Instead of relying on centralized brokers or stock exchanges, Virtuals enables users to create, trade, and manage synthetic versions of real-world assets directly on the blockchain—24/7, without intermediaries.

Now available for trading on Ndax, VIRTUAL gives Canadian users access to one of the most innovative synthetic asset platforms in the Web3 space. Whether you’re a DeFi builder, trader, or long-term investor, Virtuals Protocol unlocks a new world of financial freedom and flexibility. 

What is Virtuals Protocol (VIRTUAL)?

Virtuals Protocol is a decentralized platform for synthetic assets—on-chain representations of real-world assets such as stocks, commodities, currencies, and more. It allows users to mint synthetic tokens backed by overcollateralized crypto assets, enabling exposure to global financial markets without the need to own the actual underlying asset.

With VIRTUAL, the network’s native utility token, users can mint, stake, and trade synthetic assets on a permissionless, decentralized infrastructure. This offers an open and programmable alternative to traditional financial systems. 

Key Features of Virtuals Protocol

  • Synthetic Asset Creation: Mint tokens that mirror the value of real-world assets (e.g., vGOLD, vTSLA) using VIRTUAL as collateral. These tokens can be traded or held just like traditional investments.
  • Decentralized & Global Trading: Access markets around the clock—no holidays, no gatekeepers.  
  • Oracle-Powered Price Feeds: Accurate asset pricing is delivered via decentralized oracles, helping to ensure synthetic tokens track real-world values in real time.
  • Overcollateralized Security: VIRTUAL tokens are locked to back synthetic assets, maintaining the protocol’s solvency and protecting against volatility.
  • Governance Participation: VIRTUAL holders can propose and vote on changes to the protocol—helping to ensure the community guides its development. 

VIRTUAL Tokenomics

VIRTUAL is the core utility and governance token of the Virtuals Protocol ecosystem. It plays a crucial role in protocol mechanics, governance, and incentives.

Utility of VIRTUAL:

  • Collateralization: Used to mint synthetic assets.
  • Transaction & Protocol Fees: Paid in VIRTUAL for asset creation and trading.
  • Incentives: Earned by users who provide liquidity, stake tokens, or participate in governance.
  • Governance: VIRTUAL holders influence the protocol’s future through voting and proposal mechanisms.

Supply Info (as of May 2025):

  • Circulating Supply: ~654.67M VIRTUAL
  • Max Supply: ~1B VIRTUAL
  • Emission Model: VIRTUAL follows a long-term emissions curve aligned with network adoption, collateral demand, and governance incentives. 

Virtuals Protocol (VIRTUAL) History

Virtuals Protocol emerged from the DeFi movement as a solution to bring traditional finance into the decentralized world. Its creators envisioned a transparent, trustless environment where global assets could be traded without intermediaries.

With a focus on composability, security, and user empowerment, the protocol launched in early 2024 and quickly gained traction. It now supports a growing ecosystem of synthetic markets, liquidity providers, and DeFi developers. 

Today, Virtuals Protocol powers use cases such as:

  • Decentralized trading of Real-World asset derivatives on the blockchain
  • On-chain hedging for crypto-native portfolios
  • Infrastructure for Web3 investment platforms 

Why Buy VIRTUAL on Ndax?

Trusted Canadian Platform: Ndax offers a secured, regulated environment for Canadians to buy, sell, and hold VIRTUAL with confidence.

  • Institutional-Grade Security: For optimal asset protection, Ndax employs a robust security framework, including cold storage, hot wallets, and Multi-Party Computation (MPC). A portion of client assets are also held with trusted third-party custodians, who adhere to stringent security standards.
  • Automated Investment Options: Build your VIRTUAL position over time with recurring purchases starting at just $10 CAD. Set daily, weekly, or monthly intervals.
  • Advanced Trading Features: Use Limit Orders, Stop Orders, Trailing Stops, Fill or Kill, Iceberg Orders, and more. Ndax offers tools designed for both active and less active traders.
  • Mobile Trading, Anytime: The Ndax app for iOS and Android lets you trade, monitor, and manage your VIRTUAL portfolio on the go. 

In Conclusion

With Virtuals Protocol (VIRTUAL) now live on Ndax, Canadians can access an exciting DeFi protocol that brings traditional asset exposure to the decentralized world. Whether you’re looking to hedge, trade, or explore cutting-edge Web3 financial tools, Virtuals Protocol provides a flexible and open platform to do it all.

Start trading VIRTUAL on Ndax today and step into a new era of decentralized finance. Follow our social media channels and join the Ndax community to learn more about how VIRTUAL is redefining access to global markets—without borders, brokers, or banking hours.

 

Disclaimer: This article is not intended to provide investment, legal, accounting, tax, or any other advice and should not be relied on in that or any other regard. The information contained herein is for informational purposes only and is not to be construed as an offer or solicitation for the sale or purchase of cryptocurrencies or otherwise. Ndax is a member of the Canadian Investor Protection Fund (CIPF). Please refer to the CIPF for coverage qualification criteria. 


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Disclaimer: This article is not intended to provide investment, legal, accounting, tax or any other advice and should not be relied on in that or any other regard. The information contained herein is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of cryptocurrencies or otherwise.