Price for today
0,061 USD 2,97%
0,00000000 BTC 2,97%
Name: Velodrome
Symbol: VELODROME
Circulating supply: 0 $
Max supply: 0 $
Price: 0,060915 $
Volume 24h: 1661642 $
Market Cap: 0 $
Percent change 24h: 3 %
VELO puts a fresh spin on DeFi by serving as Optimism's central liquidity nexus. This AMM protocol cleverly fuses elements from industry giants like Curve and Uniswap while introducing novel voting mechanics through NFTs. Launched in June 2022 and upgraded to V2 in 2023, VELO's value stems from its role in directing token emissions and earning protocol fees. Users lock tokens to receive veVELO, gaining voting power over liquidity incentives. This model has turned Velodrome into Optimism's go-to trading venue. By leveraging Layer 2 scaling, the platform delivers cost-effective swaps while maintaining deep liquidity for both retail and institutional traders.
