✍️Competitor Comparison

	Vortex	Lemma	UXD
Format(s)	Vault Token	Vault Token Stablecoin	Stablecoin
Network(s)	Arbitrum Binance Smart Chain	Arbitrum	Solana
Exchange(s)	MCDEX	MCDEX	Mango Markets
Performance Fees	25%	30%	-
Action during negative Funding Rate	Stablecoin Farming	Treasury Backstop	Insurance Fund
Resulting Risks	Slow position unwinding	Treasury depletion Slow position unwinding Bank run on leveraged positions	Insurance Fund depletion Governance Token auction