Circulating market cap
Fully diluted market cap
Total value locked
P/F ratio (fully diluted)
Trading volume (annualized)
P/S ratio (fully diluted)
Daily active users (30d average)
Active developers (30d average)
Code commits (30d sum)
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).
Daily fully diluted market cap vs. daily fees in the past 180 days.
|Fully diluted market cap|