Velodrome Finance
VELO#721| 1h | 24h | 7d | 30d | 1y |
|---|---|---|---|---|
| +0.17% | +0.26% | -5.42% | -17.16% | +2.97% |
About Velodrome Finance
Velodrome Finance Markets
| Exchange | Pair | Price | Volume (24h) | Trust |
|---|---|---|---|---|
| LBank | VELODROME/USDT | $0.018018 | $369.48K | green |
| Phemex | VELODROME/USDT | $0.018038 | $163.33K | green |
| Coinbase Exchange | VELO/USD | $0.017992 | $82.48K | green |
| Binance | VELODROME/USDT | $0.017988 | $81.72K | green |
| Bitunix | VELODROME/USDT | $0.018018 | $72.44K | green |
| MEXC | VELODROME/USDC | $0.017998 | $56.19K | green |
| Velodrome Slipstream V2 (Optimism) | 0X9560E827AF36C94D2AC33A39BCE1FE78631088DB/0X4200000000000000000000000000000000000006 | $0.018056 | $55.58K | red |
| MEXC | VELODROME/USDT | $0.018008 | $51.45K | green |
| Ourbit | VELODROME/USDT | $0.018008 | $33.72K | green |
| BingX | VELODROME/USDT | $0.018028 | $29.84K | green |
| Toobit | VELODROME/USDT | $0.018008 | $29.09K | green |
| KCEX | VELODROME/USDT | $0.018008 | $28.22K | yellow |
| Velodrome SlipStream (Optimism) | 0X0B2C639C533813F4AA9D7837CAF62653D097FF85/0X9560E827AF36C94D2AC33A39BCE1FE78631088DB | $0.018008 | $26.91K | red |
| Bitrue | VELODROME/USDT | $0.017998 | $24.35K | green |
| BloFin | VELODROME/USDT | $0.018028 | $11.4K | yellow |
| OKX | VELODROME/USDT | $0.018018 | $5.87K | green |
| Binance | VELODROME/USDC | $0.017988 | $3.44K | green |
| CoinEx | VELO/USDT | $0.018088 | $3.29K | green |
| Velodrome Finance V2 (Optimism) | 0X9560E827AF36C94D2AC33A39BCE1FE78631088DB/0X0B2C639C533813F4AA9D7837CAF62653D097FF85 | $0.017942 | $2.58K | yellow |
| DigiFinex | VELO/USDT | $0.018018 | $2.39K | green |
Velodrome Finance Price History
| Year | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| 2026(YTD) | $0.006339 | $0.025348 | $0.003131 | $0.016942 | +167.25% |
| 2025 | $0.0277 | $0.066832 | $0.005064 | $0.006775 | -75.54% |
| 2024 | $0.004384 | $0.03445 | $0.004384 | $0.02471 | +463.64% |
| 2023 | $0.002071 | $23,058.00 | $0.001763 | $0.003842 | +85.51% |
| 2022 | $0.1287 | $0.1298 | $0.001001 | $0.002005 | -98.44% |
| 2021 | $0.2912 | $0.349 | $0.12 | $0.1256 | -56.87% |
Analysis
No analysis available for Velodrome Finance yet.
Velodrome Finance News
No recent news for Velodrome Finance.
Velodrome Finance FAQ
What is Velodrome Finance?
Velodrome Finance (VELO) is a decentralized exchange (DEX) built on the Optimism network, launched in 2022. It is designed to facilitate low-cost, efficient token swaps and liquidity provision within the Optimism ecosystem. The platform aims to align incentives between traders, liquidity providers, and governance participants.
How does Velodrome Finance work?
Velodrome Finance uses a ve(3,3) model, combining vote-escrowed tokens with a bonding curve mechanism. Users can lock VELO tokens to receive veVELO, which grants voting power over emissions and gauge rewards. This system encourages long-term commitment and reduces sell pressure, while liquidity providers earn fees and incentives based on governance decisions.
What is the VELO token used for?
The VELO token serves multiple purposes within the Velodrome ecosystem. It is used for governance, allowing holders to vote on protocol parameters and emission distributions. Additionally, locking VELO into veVELO provides voting rights and boosts rewards for liquidity providers. VELO is also used as a trading pair and for incentivizing liquidity.
How does Velodrome Finance differ from other DEXs?
Velodrome Finance distinguishes itself through its ve(3,3) mechanism, which originated from Curve and was refined by Solidly. Unlike traditional DEXs, it integrates vote-escrowed governance with liquidity incentives, aligning long-term interests. Its focus on Optimism provides low fees and fast transactions, while its emission model allows voters to direct rewards to preferred pools, enhancing capital efficiency.
What is Velodrome Finance (VELO)?
Velodrome Finance (VELO) is a cryptocurrency launched in 2022and operates on the Optimism platform. Velodrome Finance has a current supply of 2,575,294,614. 85637621 with 915,202,511 in circulation.
What is the current price of Velodrome Finance?
Velodrome Finance is currently priced at $0.01694, up 0.26% in the last 24 hours. It is ranked #721 by market capitalization. Over the past 7 days, VELO is down 5.42%.
What is Velodrome Finance's market cap?
Velodrome Finance has a market capitalization of $15.51M. The 24-hour trading volume is $1.33M, reflecting the total value of VELO traded across all exchanges in the last day.
