Projects

Velodrome - Logo

Velodrome(VELO)

Standardized
Exchanges (DEX)
Price
~$0.0825
Live
ATH
$0.3612
239d ago
ATL
$0.00
2.4y ago
Chains
Base - Logo
Fantom - Logo
OP Mainnet - Logo
3 chains

7d price-11.0%

30d price-9.4%

90d price+21.5%

180d price-39.1%

Learn more

What is Velodrome?

Velodrome is a non-custodial exchange protocol built on Optimism. Velodrome was founded by veDAO members and launched in 2022.

How does Velodrome work?

Liquidity providers deposit funds into Velodrome and stake their LP tokens to receive VELO tokens in proportion to their share of the votes (token incentives).

Who governs Velodrome?

VELO tokenholders own and govern the protocol. They vote which pools they wish to earn trading fees from (revenue), while the pools' unstaked liquidity providers earn the remainder of the trading fees (supply-side fees).
RevenueVelodrome's share of trading fees & voting incentives$99Connects liquidity providers, traders, and 3rd party protocolsSupply-side feesLiquidity providers' share of trading fees$1Liquidity providersFeesTrading fees & voting incentives$100Traders & 3rd party protocols
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.