Velodrome(VELO)Exchanges (DEX)
~$0.0509
24h:
+17.19%
7d:
-4.03%
30d:
-32.77%
180d:
-55.34%
ATH:
$0.2525
ATL:
$0.0056
Market cap (circulating)
$4.38m
-67.68%
Revenue (30d)
$345.76k
-67.25%
Market cap (fully diluted)
N/A
N/A
Revenue (annualized)
$4.21m
-31.29%
Total value locked
$133.61m
-26.04%
P/F ratio (circulating)
1.00x
-14.4%
Trading volume (annualized)
$1.29b
-44.43%
P/S ratio (circulating)
1.04x
-1.3%
Fees (30d)
$360.26k
-62.36%
Treasury
N/A
N/A
Fees (annualized)
$4.38m
-38.89%
Active users (daily) (30d average)
2.79k
+3.2%
Core developers (30d average)
0.63
-82.2%
Code commits (30d sum)
1
-50.0%
About
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).
Key metrics
Daily market cap (circulating) vs. daily fees in the past 180 days.
Metrics
| Growth rate | 24h | 7d | 30d | 90d | 180d | 365d |
|---|---|---|---|---|---|---|
| Market cap (circulating) | -2.2% | -44.1% | -67.7% | -79.7% | -81.1% | +56.6% |
| Fees | -25.8% | -9.5% | -62.4% | +272.8% | +165.3% | N/A |