# Velar

> Track Velar's market cap with daily on-chain data. Compare Velar with other exchanges (DEX). See charts, financial statements and datasets in one place.

Source: [Velar on Token Terminal](https://tokenterminal.com/explorer/projects/velar). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Token: VELAR
- Sectors: Exchanges (DEX)
- Chains: stacks

## About

### What it is

Velar is a DeFi liquidity protocol on Bitcoin via Stacks that offers spot trading, perpetual futures, and a launchpad for Bitcoin ecosystem tokens.

### Who uses it

Velar is a team building DeFi liquidity infrastructure for Bitcoin, operating across Stacks, BOB, and Mezo networks.

### How it works

Velar provides a DEX (Dharma), a perpetual futures exchange (Artha Perpdex), a token launchpad, and cross-chain bridging for Bitcoin-native DeFi.

## Metrics

Token Terminal tracks these metrics for Velar daily. Each page has a chart with the full history.

- [Price](https://tokenterminal.com/explorer/projects/velar/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/velar/metrics/market-cap-fully-diluted)
- [Circulating market cap](https://tokenterminal.com/explorer/projects/velar/metrics/market-cap-circulating)
- [Token trading volume](https://tokenterminal.com/explorer/projects/velar/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/velar/metrics/token-turnover-fully-diluted)
- [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/velar/metrics/token-turnover-circulating)
- [Circulating supply](https://tokenterminal.com/explorer/projects/velar/metrics/token-supply-circulating)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/velar/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/velar/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/velar/metrics/active-addresses-monthly)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/velar/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/velar/metrics/gas-used)

## Links

- [website](https://velar.com/)
- [twitter](https://twitter.com/VelarBTC)