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M. Cap$3.47 T 5.71%24h Vol$196.96 B -12.87%BTC$98,560.25 5.67%ETH$3,493.46 4.83%S&P 500$6,038.76 1.31%Gold$2,616.42 0.20%BTC Dominance56.27%
  • #378

Velodrome Finance VELO

VELO Price

$0.19249.02%
Price Range--
--

Market Cap 

$169.79 MRank #378

FDV 

$373.63 MRank #322

Investors

X Followers

OverviewExchangesFundraisingVesting
Activities

Detailed Performance

SentimentBullish

VELO shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods

Trading Pair1h24h7d1m3m1y
VELO/USD
0.63%8.99%0.38%107.63%110.84%159.44%
0.34%3.10%9.07%102.68%36.20%14.95%
0.33%3.67%13.51%97.68%58.99%69.48%
-0.18%-0.01%6.66%61.96%24.26%82.99%
0.63%2.03%6.44%37.83%3.86%19.32%

VELO to USD Converter

VELO

Price History

All-Time High
$0.4662
2.42x to ATH
All-Time Low
$0.005573
34.52x to ATL
Trade Launch Date
3 Jun, 2022
935 days ago

Exchanges

Exchanges type

HTX (previously Huobi)
VELODROME/USDT
$0.1931$26.38 M48.477%Recently
Binance
VELODROME/USDT
$0.1932$20.00 M36.745%Recently
Bitget
VELO/USDT
$0.1929$3.55 M0.000%Recently
OKX
VELODROME/USDT
$0.1926$2.04 M3.746%Recently
Gate.io
VELODROME/USDT
$0.1927$1.14 M2.094%Recently

About VELO

Velodrome Finance is a decentralized exchange protocol that aims to be the liquidity hub of the Optimism ecosystem. It is an Automated Market Maker (AMM) modeled on Solidity and designed to provide deep liquidity and low slippage for token pairs critical to the growth of the Optimism ecosystem. Velodrome rewards liquidity providers and active governance participants through its native token called VELO. It has undergone a protocol overhaul known as Velodrome V2, which is expected to reshape the future of decentralized exchanges.

What makes Velodrome Finance unique?

Velodrome Finance stands out from other cryptocurrencies and decentralized exchanges (DEXs) in several ways. First, it aims to become the liquidity hub of the Optimism ecosystem, which is a layer 2 scaling solution for Ethereum. This focus on Optimism sets Velodrome apart as it positions itself to benefit from the growth and development of this specific ecosystem.
Second, Velodrome Finance has undergone a protocol overhaul called Velodrome V2. This update is expected to reshape the future of decentralized exchanges by introducing new features and improvements. This commitment to innovation and continuous improvement sets Velodrome apart from other cryptocurrencies and DEXs that may not prioritize such upgrades.
Additionally, Velodrome Finance has achieved significant milestones in a relatively short period. It has attracted over $150M in Total Value Locked (TVL), making it the project with the highest TVL on Optimism and the most on any Ethereum Layer 2 DEX. This growth is supported by strong fundamentals, including declining emissions and incentives, as well as increasing fees and usage.
Overall, Velodrome Finance stands out for its focus on the Optimism ecosystem, its commitment to innovation and improvement through protocol overhauls, and its impressive growth and achievements within the decentralized finance space.

Live Velodrome Finance Price Data

The current price of Velodrome Finance (VELO) is approximately $0.1924, reflecting a increase of 9.02% in the last 24 hours. The VELO trading volume in the last 24 hours stands at $54.34 million. Velodrome Finance's market cap is currently $169.79 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of VELO is 882.46 million.

For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Velodrome Finance's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on VELO, check out our crypto insights page.

Official Links

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